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Buy Sell Agreements

Why Starting A Business Venture Now Might Make Sense

  • July 15, 2020
  • by Zana Tomich

Yes, it may sound a bit crazy. And yes, it comes with risk. But so does everything worth doing. And then there’s this fact to consider: Some of the most successful companies in the U.S. started in the Great Depression or other recessions, including Disney […]

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Does Your Business Need a Buy Sell Agreement?

  • November 13, 2019
  • by Zana Tomich

 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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Why is Succession Planning for the Family Business Important?

  • October 10, 2019
  • by Zana Tomich

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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What is a Buy Sell Agreement?

  • August 5, 2019
  • by Zana Tomich

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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The business and employment attorneys of Dalton & Tomich take your business just as seriously as you do. Attorneys Zana Tomich and Noel Sterett are trusted by closely held family businesses and others across Michigan and Northern Illinois as invaluable partners and counselors. 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.