Michigan's Resident Agent Requirements for Businesses
Brittany Thompson Brittany Thompson

Michigan's Resident Agent Requirements for Businesses

Michigan law requires businesses to have a resident agent to receive legal documents and official mail, ensuring compliance with state regulations. The article by Thompson Legal outlines key aspects of resident agents in Michigan including their role, requirements, and resident agent options.

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Understanding Garnishment Notices in Michigan: What Business Owners Need to Know
Brittany Thompson Brittany Thompson

Understanding Garnishment Notices in Michigan: What Business Owners Need to Know

 Whether it is garnishing an employee's paycheck or surrendering property held for a third party, receiving a Writ of Garnishment is a serious matter that requires immediate attention and compliance. In today's post, the business attorneys at Thompson Legal will discuss the different types of garnishments notices Michigan businesses may receive and the obligations they entail.

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An Introduction to Succession Planning for Michigan Business Owners
Brittany Thompson Brittany Thompson

An Introduction to Succession Planning for Michigan Business Owners

Understanding the options available for transitioning ownership is essential for making informed decisions and securing the future of your company. In this post, the business lawyers of Thompson Legal will explore the legal options for transitioning ownership and the key considerations during business succession.

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The 5 Must-Have Contract Terms for Your Business
Brittany Thompson Brittany Thompson

The 5 Must-Have Contract Terms for Your Business

A well-crafted contract is the foundation of a successful and solid partnership. In this article, the contract lawyers of Thompson Legal delve into the five most crucial contract terms that every Michigan business should prioritize for legal protection as you scale.

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A Business Owner’s Guide to Intellectual Property Protection in Michigan
Brittany Thompson Brittany Thompson

A Business Owner’s Guide to Intellectual Property Protection in Michigan

The business law attorneys at Thompson Legal will explore the different aspects of intellectual property affecting Michigan businesses. Learn how to navigate the legal landscape, protect your IP, and how working with an experienced business attorney at Thompson Legal can help ensure the protection of your valuable assets.

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Disputes Among Shareholders in Closely Held Organizations
Brittany Thompson Brittany Thompson

Disputes Among Shareholders in Closely Held Organizations

The high amount of sentimental and financial investment involved in shareholder disputes means that they often rise to a legal level.  This article by the business lawyers of Thompson Legal explores the common legal claims of business owners in shareholder disputes, as well as highlight key insights and strategies for navigating such business conflicts. 

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MCL 450.4709 and Michigan's Business Entity Conversion Requirements
Brittany Thompson Brittany Thompson

MCL 450.4709 and Michigan's Business Entity Conversion Requirements

As time progresses, businesses are more likely than ever to move from one state to another. Converting your business allows you to become organized under a new state or legal structure all while maintaining compliance post transfer. This post will explore the ins and outs of this process outlined in MCL 450.4709 and provide a roadmap for a seamless business transformation.

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Starting a Business? Here are 8 Most Important First Steps
Brittany Thompson Brittany Thompson

Starting a Business? Here are 8 Most Important First Steps

In order to ensure your new venture starts off on a solid course, you must be prepared to navigate the intricate web of business laws and regulations. In this blog post, we'll break down the first steps to consider when starting a business from a legal perspective, helping you establish a solid foundation for your dream business.

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Are You Ready For It? The Corporate Transparency Act Takes Effect January 2024.
Brittany Thompson Brittany Thompson

Are You Ready For It? The Corporate Transparency Act Takes Effect January 2024.

The Corporate Transparency Act (CTA) is a federal law aimed at preventing financial crimes such as money laundering, tax evasion, and other illicit activities facilitated by anonymous shell companies. In this post, we provide you with an overview of the CTA, its implications, and how it will impact your business. We'll guide you through the key aspects of the act and help you prepare for the changes ahead.

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The Top Five Contract Considerations for Business Owners
Brittany Thompson Brittany Thompson

The Top Five Contract Considerations for Business Owners

Business owners understand that contracts are the foundation of any successful business relationship. In this blog post, we'll explore the top five contract considerations that can significantly impact your business's success.

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 Do I Need an Operating Agreement for My Business? A Guide for Clients.
Brittany Thompson Brittany Thompson

Do I Need an Operating Agreement for My Business? A Guide for Clients.

One crucial document in creating your business that if often overlooked is the operating agreement. This vital document can play a significant role in the success and stability of your business. In this blog post, we'll explore what an operating agreement is, why it's important, and how you can help your clients decide whether or not they need one.

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Choosing the Right Business Entity for You: A Brief Overview
Brittany Thompson Brittany Thompson

Choosing the Right Business Entity for You: A Brief Overview

In this brief overview, we'll explore the most common business entity options, including Sole Proprietorship, General Partnerships, Limited Partnerships, Limited Liability Companies, S Corporations, C Corporations, and Professional Limited Liability Companies (PLLC), to help you make an informed decision that best aligns with your business goals.

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