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
It is a classic horror movie plot line. The good guy finally killed off that scary monster/evil janitor/gremlin. Hooray! Triumphant, the hero turns his back to celebrate with fellow survivors when SUDDENLY the monster/evil janitor/gremlin rises from the dead to take down that one final victim! In the business world, if you do not take … Continue reading Terror From Beyond the Grave: 5 Critical Mistakes To Avoid When Terminating Your Company
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!