Did you know that 99.6% of Michigan’s businesses are small, and more than 48% of employees work for these companies? If you are like most people, you may have considered starting a business at some point. However, if you are like some of the most successful people,...
Brown Borkowski & Morrow
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Business & Corporate Law
Why should I choose a C corporation?
One popular choice for incorporating a business in Michigan is founding a C Corporation. Also known as a C corp for short, this is a kind of corporation with a particular legal structure that is taxed differently than other choices for incorporation. Starting a C corp...
Quick action necessary in shareholder disputes
Regardless of the size of the business, shareholder disputes can happen at any company that is operating as a corporation. While Michigan businesses with shareholders hope that doesn’t happen, the high-stakes financial aspect of the scenario makes it happen more...
Should I sign a noncompete agreement?
Employers use non-compete agreements to keep their current or former employees from working for the competition. These contracts can help to protect company investments and secrets. Since non-competes exist in almost every industry or type of job, this paperwork can...
What to know before entering into a commercial lease
When the time comes to start your business or open a new location, the moment of signing the commercial lease can be thrilling. Rushing into the agreement can sometimes be a detrimental decision, however. Business experts outline some of the key considerations that...
What should you know about LLC agreements in Michigan?
The state of Michigan does not require your company to establish a Limited Liability Company (LLC) agreement. However, many companies establish them as part of their business formation due to their effectiveness as a governing tool. Purpose of an LLC agreement...
What are common sources of business lawsuits?
Business owners in Michigan have to contend with a lot. Most businesses, both large and small, are likely to be sued multiple times over the course of their lifetimes. If you want to avoid such lawsuits, it's wise to understand some of the most common reasons they...
What happens when partners have disputes?
When two business partners end up in a dispute, it can significantly harm the business. There have even been companies that have been forced to close because of this. That’s why it’s so important to find the right business partner when opening your company to begin...
A common business startup mistake that can endanger your assets
When you start a new business, it is normal to feel overwhelmed by the process. There are business models and different names to consider, as well as different business forms that may offer advantages or challenges depending on how you intend to operate the company....
The right time to start a small business in Michigan
They say timing is everything when going after your goals; hence, if you have a business idea in mind, you need to find the perfect time to start it. While your moment will depend on your unique circumstances, some tell-tale signs for kicking things off are as...