Practical Tips For Small Business Success

Join our webinar presented by Lema Khorshid to learn essential legal and strategic tips for small business success, emphasizing the importance of investing in the entrepreneur, choosing the right business entity, and creating a clear, compelling business plan. It highlights the value of strong advisory teams, early legal support, proper employee classification, and regulatory compliance, while stressing the need to protect intellectual property, use solid contracts, grow patiently, and remain adaptable in a changing business environment.

Presented by Lema Khorshid

Lema Khorshid is one of the founding partners at Fuksa Khorshid, LLC. Lema handles a wide range of corporate legal and real estate matters for small- to mid-sized, closely held businesses in Chicago and New York.



Lema’s transactional practice also encompasses a variety of commercial real estate matters across a comprehensive array of asset classes, including office, industrial, multi-family, and hospitality/retail. She represents private equity funds and real estate developers in the acquisition and development of real estate and has serviced the leasing, acquisition and development deals for many of her clients. Lema also handles zoning changes and liquor licensing matters for her local restaurant and hospitality clients. She has advised clients on debt/equity structures for real estate acquisition and mergers. She has extensive experience advising on and negotiating commercial real estate deals.

Lema is frequently invited to guest speak at Small Business Centers all over Chicago, where she teaches workshops to entrepreneurs on how to be proactive about a myriad of legal and business issues that may affect their businesses. For the last few years, she has taught a workshop called “Something Negotiated™ whereby she teaches business owners key negotiation techniques that help them succeed in business and in life. In 2013, she earned a feature article in Chicago Social Magazine for her dedication and support to helping women entrepreneurs succeed. Lema sits on the Advisory Board for the Women’s Business Development Center.

Prior to being a partner at Fuksa Khorshid, LLC, Lema spent over six years consulting several prominent retail, hospitality and entertainment clients on their branding and public relations strategies in Chicago, New York and Los Angeles.

Lema received two bachelor’s degrees from the University of Illinois at Champaign-Urbana in Finance and Marketing, with a concentration in International Business and Italian (2000). She received her Juris Doctorate from Loyola University School of Law in Chicago (2004). She is proficient in Arabic, French, and Italian.

In her time away from the office, Lema loves international travel, is a self-proclaimed foodie, and has a penchant for fashion and film.