In this blog, the Zana Tomich and the business attorneys of Dalton & Tomich, PLC weigh in on matters of importance to small and closely held business leaders in Detroit and throughout Southeast Michigan. We hope the information here is helpful to you.
Business documents matter! Do you have all of the documents you should and have they been updated in the last three years? Detroit business attorney Zana Tomich discusses the importance of all of the following in this video: Articles of Incorporation or Organization Bylaws Operating […]
Read MoreEvery family business needs a succession plan. Why? As Detroit-based business attorney Zana Tomich explains in this video, the succession plan is crucial to a family business’ ability to succeed in the future and thrive beyond the current generation. Overlooking the succession plan is one […]
Read More Does your business need a Buy Sell Agreement? Unless it is a sole proprietorship, yes, you do need a Buy Sell Agreement. As Detroit-based business attorney Zana Tomich explains in this video, the Buy Sell Agreement is vital to protect the interests of business […]
Read MoreThe number one lease negotiation issue Detroit-based business attorney Zana Tomich sees clients run into is the lease letter of intent or LOI. It can be just as important as the lease itself and often dictates the terms of the lease. As Zana explains in […]
Read More If you’re interested in selling a Detroit small business or a closely held operation based elsewhere in Michigan, you know that it’s not something you can do on the open market. Finding an interested buyer for your small business is half the battle. The […]
Read MoreWith Detroit serving as a border crossing into Canada, I receive a lot of inquiries from persons out of the country trying to do business in the U.S., and specifically in Michigan. The first question that arises is whether a Canadian (or a foreign national/non-citizen) […]
Read MoreI represent dozens of small and family businesses and one of the things that I see family businesses overlook is a succession plan. That is how can the company prepare for the future and live beyond the current generation. What happens when someone retires? What if […]
Read MoreIn advising hundreds of closely held companies over the years, one of the things I often recommend to clients is a corporate clean up. What’s a corporate cleanup? It’s a term used to describe the process of taking a deep dive into a company’s organization […]
Read MoreBuy Sell Agreements are also called shareholder agreements, shareholder restriction agreements, and are sometimes simply provisions of an operating agreement of an LLC. A buy sell agreement is akin to a pre-nuptial agreement between business owners. What it does is set out the parameters of […]
Read MoreCrain’s Detroit Business reporter Kurt Nagl wrote in May about about the City of Detroit seeking approval for 20 new liquor licenses through the Redevelopment Area Liquor Licenses that were made available through the State of Michigan. Though the matter was on the agenda for […]
Read MoreHaving worked with Zana for 10 years, I can attest to her professionalism, her pragmatism, and most importantly, her integrity. I always get sound, thoughtful advice and guidance. From routine filings & updates to the highly unexpected, Zana’s there to help, always responding quickly and […]
Read MoreZana’s expert guidance has helped us to move forward with clarity and confidence in our business endeavors. She helped us create a new business entity, and a few years later to navigate a tricky buyout—all with a clear path forward for business growth. Her calm […]
Read MoreZana’s expertise in employee law has helped us refine and build a stronger operations and hiring strategy at my company. As a business owner of a small and fast growing company, I very much appreciate Zana’s ability to always step into any situation quickly and […]
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