Blog — Business + Corporate Services

Tuesday, June 23, 2015

Michigan Business Owners Beware of Mail Offer to Prepare Annual Corporate Minutes

Michigan law, like most states, requires corporations to prepare Annual Minutes. However, Michigan business owners should be aware of various mass mailing campaigns that contain forms that may be misconstrued as mandatory forms to be filled out and filed with the State of Michigan (see example below).

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Wednesday, May 27, 2015

 

10 Tasks, Tips and Traps for Business/Commercial Leases

 Business/commercial leases can be dangerous territory for a company or business client's legal counsel. I have encountered many requests from business clients like, "If you have a few minutes, can you look over a new lease I am thinking of entering into for new or existing leased space?" and "I don't need a complete review, just the basics."

What business clients need to understand...

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Wednesday, May 27, 2015

Don't Overestimate Legal Self-Help Sites

While legal self-help websites may be useful in some instances, there can be problems that arise in relying on legal self-help websites in the place of real expert advice. Self-help websites are not able to provide specific advice about your company and they won't be able to point out ongoing legal problems. Many business owners who try and save money by avoiding lawyers often face difficulties later.

A case in point. Recently, a...

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Thursday, March 27, 2014

Have You Included Your “Digital Assets” in Your Estate Plan? -- If You Die, What Happens to Your Computer and All the Information Stored on it Or That’s Accessible Through Internet Access to Third-Party Sites?

Most all of us have “digital assets” of one type or another. A digital asset is a computing device (computer, smartphone or tablet); data storage device or medium, or all electronically stored information (data) like user accounts; or domain names and perhaps even intellectual...

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Friday, February 7, 2014

Firing A Family Member Employee - Can You Fire A Family Member Employee and Still Keep the Family Together?

One of the biggest challenges in managing a family-owned business is firing an underperforming family member. Ideally, all of the family members working in the business recognize and agree to the need for firing a family member. I have found in these situations that it is difficult to engage in a process that can be accomplished in a way that relationships are maintained and where...

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