Last week I mowed the lawn for the first time this year. I didn’t have any gas to fill up the mower, so I just relied on the unknown amount of gas that had been in the mower over the winter. As I was mowing the back yard, the largest portion of my lawn, IContinue reading “My Thoughts on Social Enterprise: Am I Living Each Day with Conviction and Purpose?”
Tag Archives: startups
Business Law Basics: A 5 Million Dollar Comma
Today in downtown Grand Rapids is the “World of Winter Festival” where Downtown Grand Rapids, Inc. provides a “Snow Globe” experience. Very colorful. A lot of fun downtown. Today I read an article posted by the ABAJournal that illustrates the profound impact on word and grammar usage in contracts and legislation. As the ABAJournal reported: “A dairyContinue reading “Business Law Basics: A 5 Million Dollar Comma”
Business Law Update: Another Call to Clear Contract Drafting.
It is Artprize again in downtown Grand Rapids! See one of the exhibits on Monroe Avenue in front of the Venue. Question: Did you know: “Shall” has a different meaning then “May”? One is mandatory. The other is permissive. In business, it pays to be clear in the contract language you use. Check outContinue reading “Business Law Update: Another Call to Clear Contract Drafting.”
Michigan Entrepreneurs and Small Businesses: Crowdfunding Law Update.
Last year Representative Tom Barrett introduced House resolution 235 (HR 235) “to support the (SEC)’s recent adoption of rules…to facilitate small and start-up companies’ access to capital raised through crowdfunding.” The resolution supports crowdfunding as viable tools for start-up businesses. The resolution acknowledges: “Businesses in Michigan have greatly benefited from the opportunities created by the…Michigan Invests Locally ExemptionContinue reading “Michigan Entrepreneurs and Small Businesses: Crowdfunding Law Update.”
Business Law Basics: “For Want of a Comma” The Words You Use Can be Costly.
Disclaimer: The photo below has nothing to do with this post. It is simply my way of recognizing that I am sick of winter and looking forward to the 15 hour drive to Florida in a few weeks… Today I read an article posted by the ABAJournal that illustrates the profound impact on word andContinue reading “Business Law Basics: “For Want of a Comma” The Words You Use Can be Costly.”
Business Law Update: Key Terms to Consider in Business Contracts.
If you’ve followed my posts for any amount of time, you probably aren’t surprised that I like reading and writing about the latest Michigan court cases. Particularly if they are relevant to business or real estate. I always find there are some lessons to be learned. As another aside – I also like to includeContinue reading “Business Law Update: Key Terms to Consider in Business Contracts.”
Business Law Update: You have Terms and Conditions, but are they CONSPICUOUS?
Business Owners – ask yourself: When selling or buying, what are in my company’s Terms and Conditions? You can check out some of my prior posts on Terms and Conditions. “TnCs” are important to review closely. TnCs “allocate risk” among the two parties to the contract. In some instances, even if one party never reads theContinue reading “Business Law Update: You have Terms and Conditions, but are they CONSPICUOUS?”
Pitfalls for Business Owners: Recent Court Case on Piercing the Corporate Veil.
We are heading towards the end of the year – I love the Christmas season! One thing that comes to mind for local business owners going into the New Year – make sure that your legal documents and procedures are in proper order. As every business owner should know, one of the main purposes inContinue reading “Pitfalls for Business Owners: Recent Court Case on Piercing the Corporate Veil.”
Another Court Lesson for Business Owners: Read Your Contracts Before You Sign.
I recently read yet another court decision that provides a classic example for businesses owners of the consequences for not reviewing your contracts before signing. The case: the October 6th, 2016 Michigan Court of Appeals decision of Earl Pegues, LLC v Izis General Contractors, LLC. The dispute concerned a construction agreement. The property owner, PeguesContinue reading “Another Court Lesson for Business Owners: Read Your Contracts Before You Sign.”
Business Law Update: Why Your Operating Agreement Matters.
Business Owners and Entrepreneurs: Let me paint you a picture: You decide to go into business. You’ve identified a business partner. You and your business partner decide the details of who is going to contribute what (capital, finances, “sweat equity”, etc..). Your startup is now off and running! Your business does not go as expected. You haveContinue reading “Business Law Update: Why Your Operating Agreement Matters.”
Purpose Driven General Counsel 