The entrance of one popular business into an area can attract many more businesses. That's what many in Detroit are anticipating with the announcement by H&M that they'll be opening a store downtown this fall.
One of the primary decisions you have to make when you are starting a business is what type of business structure you will use. This is determined largely by whether you have any co-owners and whether you are planning on hiring employees. There is also the matter of what type of protection you might need for your personal assets. We are here to help you review the possible structures so you can choose the one that meets your needs.
People who are just getting started in business might wonder what type of legal entity they need to establish. This is a complex question that takes many factors into account. For some individuals, such as freelancers and contractors, a sole proprietorship might be a viable option.
Firing someone is stressful. It's never the goal of an employer to let someone go, but sometimes an employee makes it impossible to do anything else.
Being the owner of your own company is a dream for many people -- which makes it incredibly exciting to actually be taking the steps to turn that dream into a reality when you get a chance to purchase an established business.
When you're trying to figure out the best plan for your business, someone is bound to suggest that you form a limited liability company. Is that really the best idea?
Business owners need to take note: Insurance companies can and will refuse to defend and indemnify clients who deliberately fail to protect their clients or participate in illegal activities.
It isn't always easy to know as an employer how you are supposed to accommodate the different needs of your employees -- particularly when they are pregnant.
Some businesses are harder to get open than others. Communities often make a concentrated effort to block businesses that they deem "disreputable" from going into "nice" neighborhoods.
Your company's trademark is how you establish a brand identity in the consciousness of your consumers -- which is why you want to jealously protect it.