This morning I received an e-mail reminder from the Michigan Department of Licensing and Regulatory Affairs (LARA) Corporation owners are reminded that annual filing fees and statements must be filed by May 15, 2016. “Annual statements and annual reports can be filed online at http://www.michigan.gov/fileonline LARA sent a reminder that failure to file will result inContinue reading “Michigan Corporations: Maintain your Corporate Formalities and Keep up your Guard.”
Category Archives: startups
Small Business Owners: Avoid these Pitfalls
Happy Friday, and a conclusion to “Small Business Week”. President Barack Obama has proclaimed May 1-7, 2016 “National Small Business Week.” I follow the Small Business & Entrepreneurship Council, if you are a small business owner you should check the organization out. In regards to National Small Business Week, SBE Council president & CEO KarenContinue reading “Small Business Owners: Avoid these Pitfalls”
“Prince Died Without a Will.” Business Owners Should Ask the Question: Who Are My Advisers?
Yesterday, the ABAJournal posted that Prince’s sister filed in court claiming Prince died without a will. A year ago I posted about some lessons from Robin Williams’ Estate. I wrote about Robin Williams’ Estate as “an example of the problems that can erupt after a loved one passes away – even if that loved oneContinue reading ““Prince Died Without a Will.” Business Owners Should Ask the Question: Who Are My Advisers?”
Michigan Business Law Update on Non-Competition Agreements.
I received a question in response to a recent post on non-competition legislation. The question was: “are non-competition agreements unenforceable in Michigan?” I will give you the typical lawyer answer: “it depends“. In theory, CNCs are enforceable in Michigan. Under certain circumstances, they are not. A February 18, 2016 unpublished Michigan Court of Appeals decision is helpful to illustrate whenContinue reading “Michigan Business Law Update on Non-Competition Agreements.”
Business Litigation News: Dispute Resolution…Online?
The ABAJournal reported on “Online Dispute Resolution” (“ODR”) Is online dispute resolution the wave of the future? In the past, I’ve posted about the benefits of alternative dispute resolution for businesses. The primary benefit: litigation is expensive! According to the ABAJournal, Colin Rule, the founder of an online dispute resolution software, Modria, had this to sayContinue reading “Business Litigation News: Dispute Resolution…Online?”
Small Business, Social Entrepreneurs and Crowdfunding
Just a few days ago I posted on the Michigan House Resolution supporting Equity Crowdfunding. This morning I read an article on CrowdfundInsider on the topic of financing for small businesses. Access to Capital: What are the Options for Small Company Finance? Candace Klein Chief Strategy Officer at DealStruck was Interviewed and talked about how small businessContinue reading “Small Business, Social Entrepreneurs and Crowdfunding”
Michigan Entrepreneurs and Start-ups: House Resolution Supports Crowdfunding for Start-up Businesses
On March 3, Representative Tom Barrett introduced House resolution 235 (HR 235). Today HR 235 was on the agenda for the Commerce and Trade Committee Meeting. HR 235 is a “resolution to support the United States Securities and Exchange Commission’s recent adoption of rules pursuant to Title III of the JOBS Act which are designed to facilitate small and start-upContinue reading “Michigan Entrepreneurs and Start-ups: House Resolution Supports Crowdfunding for Start-up Businesses”
Business Startups: Don’t make these mistakes.
Happy Friday! I love reading Michigan Court of Appeals decisions. Even if it is not a significant decision related to a novel legal issue, cases usually do a good job of demonstrating pitfalls for people to watch out for. Take for instance, the Phillips v TruFit case decided on February 9th of this year. This case providesContinue reading “Business Startups: Don’t make these mistakes.”
Michigan Entrepreneurs: News and Info on Raising Capital and Crowdfunding
Good morning and Happy Monday! Entrepreneurs may want to take advantage of some free guidance provided by the State of Michigan. The State of Michigan’s Department of Licensing and Regulatory Affairs (LARA) announced today that it is hosting a workshop – “Understanding Your Options for Raising Capital in Michigan”. You can Register here The seminarContinue reading “Michigan Entrepreneurs: News and Info on Raising Capital and Crowdfunding”
Purpose Driven General Counsel 