Making Necessary Preparations Organizing Financial Records Addressing Any Legal or Regulatory Issues Finding the Right Buyer Types of Potential Buyers Strategies for Marketing the Business Understanding the Buyer's Motivations and Goals Negotiating the Sale Setting an...
One of the questions that often arises when starting a business is, "Can I start a business without registering it?" The short answer is yes. However, while it is possible to operate an unregistered business, it's important to consider the advantages and disadvantages...
Verbal contracts, also known as oral contracts, are agreements between two or more parties that are not in writing but are agreed upon through spoken communication. These types of contracts are often made in everyday situations, such as purchasing a used car from a...
A contract is a legally enforceable agreement between two or more parties. When entering into a contract, the parties involved are legally obligated to fulfill their end of the bargain. However, when one party fails to do so, it can result in the termination of the...
Starting and running a business can be an exciting and challenging process, but it can also be daunting, especially when navigating complicated legal procedures. As a business owner, you may encounter legal challenges that demand the assistance of a legal professional...
Legal terminology can be confusing, and it's not uncommon to hear people use the terms "lawyer" and "attorney" interchangeably. However, there is a difference between these two terms. In this article, our Muskegon business attorney will elaborate on the difference...
The state of Michigan ensures that the rights of both landlords and tenants are upheld. As the landlord or tenant, knowing your rights helps you protect yourself from unjust treatment and avoid legal issues. This article particularly details the landlord rights under...
Many entrepreneurs prefer renting a commercial property to operate their businesses because they require less capital than buying it. A commercial lease is a common type of lease typically employed by landlords to rent out a property intended for business purposes,...
In real estate, a deed is an instrument used to convey the title of a property, either by selling, gifting, or other means of transfer. For instance, if you decide to sell your home to another person, a deed is necessary for the sale to be considered legal. The deed...
A deed is a legal document required to transfer ownership of a property. In Michigan, there are three common types of deeds used in property transfers: warranty deed, covenant deed, and quitclaim deed. These deeds vary mainly in the degree of protection they guarantee...
Are you struggling to collect unpaid debts, wondering, "Can I sue someone who owes me money?" It's a question many individuals and businesses find themselves asking when faced with the common problem of borrowers failing to fulfill their financial obligations. The...
Online contracts have revolutionized the way individuals and businesses engage in transactions. With the click of a button, you can enter into agreements, make purchases, and conduct business dealings from the comfort of your home or office. The rise of online...
An Asset Purchase Agreement (APA) is a legal contract that outlines the terms and conditions governing the purchase and sale of assets between two parties, typically a buyer and a seller. This agreement is commonly used in business transactions where one company or...
Financial elder abuse refers to the mistreatment, exploitation, or manipulation of older adults, typically aged 65 and above, with the intent to unjustly take control of their financial resources. This form of abuse can manifest in various ways, each targeting the...
Michigan landlord-tenant laws are designed to establish a fair and balanced framework for both landlords and tenants engaged in rental agreements. These laws outline the rights and responsibilities of each party, ensuring that both landlords and tenants have clear...