Most people have a basic understanding of how contracts work: draft, sign, execute. While these three steps are important, the lifecycle of a contract actually has nine stages. Understanding these stages, and seeking the proper counsel as needed throughout the cycle,...
Many businesses start out as small side hustles without the intention of growing into full enterprises. It can be a wonderful surprise when a tiny venture starts to grow into a full-fledged business. However, this growth comes with certain questions and risks, too, as...
Minimum wage, sick days and other such measures are often seen as being in the hands of lawmakers alone. However, in the case of Michigan, it is a court that may be having the final word on these issues following a constitutional question about lawmakers’ treatment of...
When a business is successful, one way Michigan owners might consider scaling it is through franchising. There are many pros and cons to franchising as a pathway to growth. It’s a good idea to carefully think through the legal and business steps and considerations...
The process of selling a business can be intense, especially for owners who have put so much of themselves into growing their company. From valuation to payment structuring to the fate of existing personnel, there are many things to consider when selling a business....
In Michigan, a number of business laws exist to protect workers’ rights. Business owners may believe that simply caring for their employees and acting ethically will keep them out of legal trouble, but a more rigid risk management approach may be in the best interest...
Facing a lawsuit can be a very troubling experience for Michigan business owners. Luckily, there are some immediate steps owners can take to protect themselves and defend their interests in the case of a lawsuit. Although it can be quite upsetting and overwhelming to...
Online reviews can have a major impact on a business’ success. While it can be difficult to receive any negative review, those which are fake can be particularly frustrating and difficult to manage. Here are some actions Michigan business owners can take to respond to...
Entrepreneurs across Michigan know that starting a new business is anything but easy. Startup companies often face growing pains in the form of significant legal challenges. Mistakes, both big and small, will happen in the process of starting a new business. Here are...
Starting and running a successful business is easier said than done. Entrepreneurs who are not familiar with the legal requirements needed to start a business in Michigan are often susceptible to failure. Unfortunately, there are many business owners who decide to...
