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Brighter horizon for new businesses
For entrepreneurs in Michigan thinking of starting a new business, now may be as good a time as any to jump into the ring with new ideas. In spite of lockdowns targeting specific business sectors and historic high unemployment over the past year, there has been an...
What are some common mistakes in business contracts?
Detroit area businesses enter into contracts with many different entities. These contracts are an important part of doing business. But one badly constructed contract can have the power to negatively affect a company. It is important for business owners to keep in...
What should I base my business formation decision on?
Deciding which business form to select when starting up a business is a bug commitment. New business owners should know what to base that decision on and how to evaluate which business form is best for them during the business formation process. Ownership and control...
Do you need a business plan?
Detroit area residents who are interested in starting a small business understand the many steps they need to take in order to form the business. There are licenses, registrations, tax ID number, permits, etc. that need to be obtained. But along with all the necessary...
Working through options with business and corporate law issues
Businesses in Michigan are likely to run into legal issues frequently, from the moment of start-up to ongoing issues with how the company is run and how to maintain profitability. Working through the wide range of potential legal issues can be challenging, but...
Conflict negotiations through alternative dispute resolution
Problems in business relationships can be expensive, time consuming, and detrimental daily operations. When a Michigan company or entity finds itself embroiled in a dispute with a vendor, contractor, or other party, they may feel as though litigation is the only...
What types of corporations are available for a new business?
Starting a business in Michigan is an exciting time for people who have a product or idea they want to sell or a goal they want to achieve. Often, people who are starting a business may be overwhelmed by all the legal requirements to ensure they are in full compliance...
Tech startups have formation options
Tech startups bring different and existing technology products into American markets, use technology to deliver their products and services or act as middleman for businesses such as Airbnb or ride-sharing services. Tech startups also offer many business opportunities...
What are some common defenses to breach of contract?
Most business dealings in Bloomfield Hills are based on written contracts. These contracts can involve a significant amount of money, so if you are accused of breaching a contract you may be very concerned for the future of your business, and you may be left wondering...
Contracts that must be in writing in Michigan
Individuals in Michigan and around the country enter into verbal agreements every day. While these agreements usually involve an offer that is accepted in return for some sort of consideration, the agreements may be difficult to enforce because their terms are not...