In this blog, the Zana Tomich, Noel Sterrett and the business attorneys of Dalton & Tomich, PLC weigh in on matters of importance to small and closely held business and nonprofit leaders in the Detroit area, Chicagoland, Northern Illinois and beyond. We hope the information here is helpful to you.
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 MoreA total of 63 new Detroit liquor licenses could be issued, according to a recent article by Crain’s Detroit Business. I had the pleasure of chatting with reporter Kurt Nagl about the development. While this is good news for bars and restaurants hoping to attain […]
Read MoreYou’ve spent hours upon hours researching property listings. You’ve spent untold weekends looking at spaces. Finally, you’ve found the perfect place to rent for your business. Congratulations! At this point, you may be tempted to dive right in. But before you take the first official […]
Read MoreCan an employee sue its employer where she released all claims in severance agreement, even though the employer stopped payments per the agreement? In Yob v. Smith and Van Fossen, Mich. Court of Appeals No. 339607 (May 15, 2018), the court of appeals upheld the […]
Read MoreOrganizations that use volunteer labor can breathe a sigh of relief. With the latest decision from the Sixth Circuit Court of Appeals, Acosta v. Cathedral Buffet, Inc., 6th Cir., Case No. 17-3427, (April 16, 2017), the Appellate Court clarified that use of unpaid labor, was […]
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 MoreWe highly recommend Dalton & Tomich! As a start-up firm that has rapidly grown across the country in under 5 years, Dalton & Tomich has been integral to our sound, credible, and excellent in standard infrastructure. As we’ve scaled, Zana has been right by our […]
Read MoreAs a professional photographer in the wedding industry, reliable communication is very important to me. Noel was very knowledgeable and quick to respond to all of my questions and not just that, he also gave me suggestions when reviewing and updating my contract. The entire […]
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 MoreNoel’s guidance was much appreciated when redrafting my client contract. He was very professional, respectful of my time and potential costs, and was sincere with his advice. I trusted that he had the highest good for my business in mind. I will seek out his […]
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 […]
Read More