4 Must Have Legal Documents for New Business Owners

Whether you are a one-man computer whiz coding the next blockbuster iPhone app, or a five-employee manufacturer making parts for a Tier 1 auto supplier, you need basic corporate forms to protect your assets and investments. A limited liability company (or LLC) is the preferred way to organize and obtain this protection. Plus, if you … Continue reading 4 Must Have Legal Documents for New Business Owners

Non-Compete vs. Non-Solicitation: Key Differences that Every Employer Must Know

No matter what industry you are in, you have probably encountered non-compete and non-solicitation agreements. In Michigan, standard pre-employment paperwork often contains obligations for the employee not to compete with the employer (non-compete) and not to solicit the employers existing customers or other employees (non-solicitation). Although these obligations may be same boilerplate paragraph of the … Continue reading Non-Compete vs. Non-Solicitation: Key Differences that Every Employer Must Know

Starting a Business? Choose Your Organizational Structure!

Every business owner needs to incorporate. Forget about sole proprietorships or a partnership -- running your business without formally organizing is like driving without insurance: You will be OK so long as you don't get into an accident. But when someone rear-ends you, you will be in dire financial straits regardless of who caused the … Continue reading Starting a Business? Choose Your Organizational Structure!

Don’t Pierce My Corporate Veil, Bro: Avoid Losing Your Corporate Protection

As a new and growing business owner, you read my articles on incorporation and essential corporate documents, and took my advice to heart. You retained an attorney and accountant, drafted and filed the basic forms, and Small Business LLC is up-and-running. However, you are not done -- there are important steps to take for you … Continue reading Don’t Pierce My Corporate Veil, Bro: Avoid Losing Your Corporate Protection