Business And Corporate Law

The Michigan Securities Act is a far-reaching statute to which many Michigan businesses have never paid significant attention. In the current world, “security” is generally thought to refer to computers and preventing unauthorized persons from entering the computer’s...

For many people in Bloomfield Hills, Michigan, and the rest of the country, it is a dream to own a successful business. Many of those people, though, are unsure about the various costs that are associated with starting a business from scratch. Some may be able to...

Previously unforeseeable events such as lockdowns, natural disasters and cyberattacks are more foreseeable for businesses. Planning and a well-considered business emergency plan are essential for these emergencies and other events such as market downturns. Risks and...

Small businesses usually want to save as much time and money as possible, which sometimes means foregoing legal formalities. In many instances, these business owners also feel like legal documents get in the way of relationship building, which means that some of them...

Every business deal has its potential pitfalls. Mistakes can be made or parties may realize the results of their envisioned deal aren’t going to deliver what they hoped for. What you don’t want is for those problems to land you in expensive and time-consuming...

As frequent readers of our blog can attest, we have spoken about choosing the appropriate entity for a business multiple times, including how to avoid personal liability through that business entity selection. But, what about Commercial General Liability insurance?...

When setting up a business, it is important to know to decide on the best business form. Selecting the best business form has implications for the present and future growth of the business. It is important to know how to carefully decide on the best option from those...

Owning a sole proprietorship is a reflection of you. It can be both your work and your passion, encompassing a large portion of your life and how you live. Selling that business can be a difficult decision but, when the time comes, it’s important to understand the...

Contracts form the backbone of many business relationships. When a Detroit business owner wants to work with another entity as a contractor, employee, or vendor, they may execute a contract to ensure that both they and the other entity agree about the terms of their...

Business planning probably doesn’t sound like an exciting thing for a Bloomfield Heights business owner. A business owner may also think that a business plan is only for start-ups. But the truth is, most businesses, both established and new, can greatly benefit from...