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Blogs to Help Your Business Succeed

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.

Do You Have All the Right Documents for Your Business? Are They All Up-to-Date?

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 […]

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Does Your Family Business Have a Succession Plan? It Should

Every 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 […]

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Does Your Business Need a Buy Sell Agreement?

 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 […]

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Lease Negotiation Tip: Don’t Overlook the Letter of Intent

The 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 […]

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Selling a Small Business: 7 Tips for a Successful Sale

 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 […]

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Coming to America (and Starting a Business)

With 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) […]

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Why is Succession Planning for the Family Business Important?

I 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 […]

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Could Your Organization Use a Corporate Clean Up?

In 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 […]

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What is a Buy Sell Agreement?

Buy 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 […]

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First Batch of Redevelopment Zone Detroit Liquor Licenses Approved

Crain’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 […]

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The business and employment attorneys of Dalton & Tomich take your business just as seriously as you do. Lead attorney Zana Tomich is trusted by closely held family businesses and others across Michigan as an invaluable partner and counselor. We guarantee all your calls and emails will be returned within one business day so you can focus on what you do best: running your business.