Buy Sell Agreements
How to Deal with a Member Who Wants Out of an LLC in Michigan?
When two or more people go into business together, there’s always a risk that one or more owners will want out. And when that happens, it’s not only because the owners get into an irreconcilable dispute. If the business goes on long enough, life circumstances, […]
Read MorePractical Ideas for Business Succession Planning in Michigan
A business succession plan, like an estate plan for an individual, is something that requires clear-eyed, strategic thinking. It’s not something to put off until it becomes an urgent necessity. In fact, thinking through an exit strategy earlier than a business owner may think it’s […]
Read MoreExpect the Unexpected: Key Issues to Consider for a Buy-Sell Agreement in Michigan
It’s one of the questions that new business partners most commonly overlook: What happens when one of the owners leaves the business?For example, let’s assume that two people open a restaurant together. Ten years later, one of the owners becomes disabled and can no longer […]
Read MoreZana Tomich Named a “Go-To” Business Lawyer by Michigan Lawyers Weekly
Media Contact: Barbara Fornasiero; EAFocus Communications; barbara@eafocus.com; 248.260.8466 Detroit—December 30, 2020—Zana Tomich, co-founder of Detroit-headquartered law firm Dalton & Tomich PLC, has been named a Michigan “Go-To” Lawyer for Business by Michigan Lawyers Weekly. The publication’s “Go-To” Lawyer honor spotlights Michigan lawyers who are leaders […]
Read MoreSuccession Planning: Protecting Your Business in the Event You Are No Longer Around to Run It
Running a successful business requires skill, dedication, and the ability to look beyond the particular product or service that your company provides in order to protect the entity and its assets. Included within that last requirement is something that most do not think about on […]
Read MoreWhy Starting A Business Venture Now Might Make Sense
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 […]
Read MoreDoes 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 […]
Read MoreWhy 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 […]
Read MoreWhat 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 […]
Read MoreAbout Us
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.
Drew PatrickOwner & President, Skidmore Studio
Having 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 MoreChanel HamptonFounder & CEO, Strategic Community Partners
We 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 MoreLuis HermosilloProfessional Photographer, Northern Illinois
As 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 MoreMeredith SimpsonPrincipal, Group eX
Zana’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 MoreMorgan FedroHealth Coach, WellTours LLC, Oak Forest, IL
Noel’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 MoreAmanda LewanCo-Founder & CEO, Bamboo Detroit
Zana’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