Building a business completely on your own is no easy feat, which is why you may have decided to enlist the support of a business partner. This is likely to be someone you trust deeply, as well as a person you believe brings various relevant skills to the table. The...
Business Law
Terminating the relationship with your business partner
If your business partner has begun to seem like more of a detriment than a help, then possibly it’s time to rethink or even cease the arrangement. Concluding a business partnership because it’s turned into a bad situation that can’t be rectified can be a decision...
Consider these 4 tips before you open your business
Being an entrepreneur is a dream for many and a rewarding financial goal. However, many first-time business owners, and even experienced ones, can make mistakes during the starting stages that may prove costly to their start-ups. A business may not even take off,...
3 important steps for starting a small business on the right foot
If you want to become one of the thousands of Michigan residents who run their own small business, you are in excellent company. Some respected Midwestern and national brands have their birthplace right here in the Great Lakes State. Of course, for every business that...
Why whom you choose for a business partner matters so much
You have dreamed of owning your own business and being your own boss since you were a child. Now — finally — your dream is about to become your reality. But you realize that you need some help in order to make your business a success. You find yourself seeking a...
Spring cleaning your recordkeeping system
Spring cleaning is a chance for people to get organized, start fresh, and get rid of all the unnecessary things that have accumulated over time. While many people focus on cleaning out their homes, businesses can also benefit from this type of attention. For example,...
The Top Reasons Why You Need A Business Lawyer
My grandparents came to this country with a desire to give their families a better life. In fact, they managed to not only heroically escape the civil war that engulfed their home country of Lebanon, but also to instill empower an entrepreneurial spirit in their...
Faster, Leaner Nonprofits
How to become a tax-exempt nonprofit organization with the IRS? A nonprofit organization is an entity that is established to advance a social cause or further a charitable purpose. The major difference between nonprofit organizations and for-profit entities is that...
The Nature Of Nonprofit Organizations
The Nature of Nonprofits Nonprofits can be organizations that serve the public at-large or more specifically provide benefit exclusively to their members. Thus, state statutory provisions have been tailored by their respective legislators to provide distinct...
Corporate Advantage
Is there an advantage to being a nonprofit organization? Nonprofit organizations definitely enjoy certain benefits that are distinct from for-profit entities, that could be inviting to those interested and qualified to become nonprofit. As an overview of nonprofits...