The Michigan Business Law Center was created to provide legal expertise and experience in an affordable and interactive setting for Michigan entrepreneurs. Throughout our website, you’ll find updated information, experts to contact and work with, and other relevant resources to allow you to make informed decisions as a business owner.
We are dedicated to your overall success and believe our “team-based” approach will allow you to build relationships with professionals who will help you address your legal issues and achieve your business goals.
The Center provides information and resources for the following areas of law. Our content and regular blog posts give you updated, relevant information.
Starting a Business
Launching a business can be expensive and risky if you’re unprepared. We take you through “five key considerations” to help select the best legal entity for your business, with no surprises or bumps along the way.
It’s critical to establish long-term relationships with customers and other third parties. Our advisors will help you create “win-win” agreements that are mutually beneficial and legally enforceable.
Intellectual Property Law
Intellectual property can seem like a minefield that you have to navigate to be able to compete effectively. Make sure you are proactively protecting your property and aware of your competitors' rights.
Have you lost the ability to conduct business? A lack of cash flow might push you into bankruptcy if you guaranteed debt, accumulated personal debt, or depleted your personal assets to fund the business.
Do you have a workplace technology policy? Do you need to investigate potential workplace misconduct? If you're your own HR department, avoid risks by understanding the employment law landscape.
Do you analyze your company's financials to know cash flow drivers? Which tax laws are changing next year? Review your financial statements and make sure you're up-to-speed on tax issues to be prepared.
Do you use the internet to conduct business? If so, there are many Michigan and federal laws that regulate the use of websites, social media strategies and buying and selling products and services on-line. It’s critical to understand these issues and to make sure your "on-line" approach meets current compliance standards to ensure against loss of business, potential legal claims and other costs and expenses.
As business owners, it’s critical to plan for the future. Building "short" and "long" term strategies for transitioning the ownership and assets of your business requires a thorough understanding of the various management, taxation and potential liability issues. Creating a personalized "Succession Plan" will help you address each of these issues and enable you to get where you want to go.
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