The interplay between majority and minority owners forms the backbone of corporate governance and decision-making in Michigan businesses. While minority owners bring valuable diversity and
When two or more people go into business together, there’s always a risk that one or more owners will want out. And when that happens,
“We have changed our terms.” How often do you get this pop-up or email? It seems like companies, services, and platforms are constantly changing their
Winter will soon be here and with it another round of headlines which read “City Shuts Down Church’s Homeless Ministry.” Every year, these stories pop
A business succession plan, like an estate plan for an individual, is something that requires clear-eyed, strategic thinking. It’s not something to put off until
It’s one of the questions that new business partners most commonly overlook: What happens when one of the owners leaves the business? For example, let’s
Media Contact: Barbara Fornasiero; EAFocus Communications; [email protected]; 248.260.8466 Detroit—December 30, 2020—Zana Tomich, co-founder of Detroit-headquartered law firm Dalton & Tomich PLC, has been named a
Running a successful business requires skill, dedication, and the ability to look beyond the particular product or service that your company provides in order to
Yes, it may sound a bit crazy. And yes, it comes with risk. But so does everything worth doing. And then there’s this fact to
? Does your business need a Buy Sell Agreement? Unless it is a sole proprietorship, yes, you do need a Buy Sell Agreement. As Detroit-based
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