It is the start of a new month, and uncertainty permeates the economy. Most, if not all businesses, are shuttered, employees laid off or working in a diminished capacity, orders are down, and there is no end in sight. As a business owner, cash flow is understandably on your mind. While the Small Business Administration … Continue reading Are you expecting payments under a lease, land contract, or promissory note? It may be time to dust off those documents and call a lawyer.
There is no doubt you are distracted by this coronavirus outbreak. Constant news alerts, supply shortages, government-mandated closures and cancellations make it all but impossible to also run your business. However, remember that your lawyers are available to assist you. For example, if you have questions about obligations to your employees, insurance coverage questions, contract … Continue reading 5 Legal Tips for Business Owners Weathering the Coronavirus Disruption
Do you want FREE MONEY to invest in your business? While this may sound like a late-night infomercial pitch, the reality is that both local and State governments want to stimulate investment in the community and will provide financial incentives for you to do so. I have previously written about brownfield incentives and how a … Continue reading Act 198 Tax Abatements: How to Get the Government to Pay for Your Industrial Property Improvements.
Those of you who follow me on Instagram know that I am the #Trilawyer (basically, a lawyer whose hobby is doing triathlons). The cycling leg just happens to be my favorite, I love going to spin class at the gym, and I am also a big fan of watching pro cycling on TV. Anyone else … Continue reading Don’t Spin Out: 5 Lessons for Every Business Owner From the Peloton Copyright Lawsuit.
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
Do you remember Matthew Lesko, the "FREE MONEY" guy who touted his books on late-night infomercials and wore a loud suit with question marks? Of course, as we all know, something like "free money" is too good to be true. And that is why Mr. Lesko got in trouble with the Federal Trade Commission. But … Continue reading What Can Brown (-fields) Do For You? 9 Essential Questions and Answers About Brownfield Incentives
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