Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
When setting up a new business, it’s often hard to know what you don’t know. Here are 8 ways a business lawyer can help your new business: 1. A lawyer …
8 Reasons Why Your New Business Needs a Lawyer Read MoreThe Michigan Limited Liability Company Act has recently been amended (Public Act 290 of 2010). The changes will be discussed in a series of articles on our firm blog. One …
Michigan Law Now Allows Easier Conversion of Corporations Into Limited Liability Companies, and Vice Versa Read MoreYears ago I taught two programs for Wayne State University entitled Starting a Profitable Small Business and Running a Profitable Small Business. Inevitably one of the most pressing issues for …
Capitalizing Your New Business Read MoreOne of the main reasons to establish a corporation is to avoid personal liability for the corporation’s debts. However, the protection may not be available if there was some defect …
De Facto Corporation Doctrine Also Applies to an LLC Read MoreIn Michigan, persons in a learned profession requiring a license or other legal authorization to practice, including but not limited to, physicians, dentists, attorneys, and certified public accountants, must incorporate …
Overview of the Professional Entity Read MoreIf you are purchasing a Michigan business, then you need to be aware of Section 22 of the Michigan Employment Securing Act. If you are not aware of how Section …
Business Purchasers: Beware of Seller’s Michigan Unemployment Tax Experience Account Read MoreIf you’re looking to buy a business, there is a lot to know before you actually make an offer. This is especially true if you’re looking to buy a business …
So You Want to Buy a Bar… Read MoreThe sales and operation of franchises are heavily regulated under both federal and state law, but do you know what makes the business relationship between two companies a franchise? There …
What is a Franchise? Read More
As of January 2009, Michigan is one of the few states to offer a new form of business entity. If your business is for profit, but its primary focus is …
Michigan Leads the Way With a New Corporate Form – The L3C Read MoreThe Detroit Free Press (Freep.com) has been following all of the developments at the National Summit this week in Detroit and posting the latest to their blog (See excerpt below). …
Leaders tout Entrepreneurship | Detroit Free Press Read More