Are you looking to start your business but need help determining what legal structure is best for you? Do you want to know more about the advantages and disadvantages of each of these different business entities? There are over 902,000 small businesses in Michigan,...
An estimated 43 percent of all small businesses are under threat of a lawsuit every year. 90 percent of all small businesses face legal proceedings during their lifetime. If you’re an entrepreneur and own a business, you’ll likely work long...
If Roe v. Wade is overturned, 13 states with so-called trigger laws will automatically ban abortion. A recent survey suggests that working adults largely want to live in states where abortion is legal. The Supreme Court is likely to overturn Roe v. Wade this...
Most people recognize the considerable rights a creditor gains to satisfy a judgment if one is entered on their behalf. A judgment can result in harm to your credit score, lead to unpleasant creditor’s exams where you will be required to give testimony under oath...
Founding a new company involves thousands of decisions that could affect its success. Choices in location, supply, manufacture, and personnel can all be critical. As you work through your start-up business planning, don’t forget to look at your corporate structure to...
Knowing what you want to happen with your business after you leave is a great first step. However, there are several challenges to creating a robust business succession plan that many entrepreneurs fail to consider until the moment of transition. Challenge 1:...
