Michigan is an at will employment state, meaning that employers are able to terminate employees at any time, for any reason; employees are also free to leave at any time and without notice. However, an employment contract adds obligations for employees and employers...
Small business owners in Michigan may be interested to learn about transforming a solopreneurship into a different business structure to compensate for growth. As solopreneurs, 18 million people in the United States are responsible for running a business completely by...
Some individuals find the idea of purchasing an existing business to be easier than starting their own. With an existing organization, many policies, processes and client lists have already been developed, which may reduce the initial costs associated with owning a...
Michigan entrepreneurs and small business owners are probably energetic, productive individuals. They may not want to slow down long enough to create a plan for their enterprise and their time. However, a plan may be the most important tool they have for making sure...
Before a business is bought or sold, it is essential to the process that both the buyer and seller have a firm grasp of the value of the organization in question. Failure to completely take into account for the worth of a business can lead to a variety of problems,...
Michigan residents who are interested in starting their own business know that planning is essential. Knowing what needs to be done at every step of the way makes it less likely that expensive changes will be needed in the future. Enlisting the aid of an attorney may...
Michigan entrepreneurs interested in selling their online businesses should be aware of the major factors driving sales prices. As with nearly all enterprises, the most important attribute is profit, but the price that an online business may demand is also affected by...
Michigan entrepreneurs may be interested in learning about the different types of business that can be formed. One type, a partnership, is a simple way to structure a business. They have no formal requirements and do not necessitate paperwork, but in some cases,...
Thirty-two migrant farm workers in southwestern Michigan have sued a major seed company alleging unsafe work conditions and poor housing conditions. Seven of the workers' children are also named as plaintiffs in the lawsuit. Most of the workers who filed suit had...
