Business Law Attorneys in Livonia
Starting, selling, and buying businesses are all important life decisions. You want to start these complicated processes on the best foot, which is why you need the help of an experienced business law attorney. Creighton, McLean & Shea, PLC helps business clients in Livonia, Plymouth, Canton, Northville, and cities throughout Southeast Michigan to maximize their investment. We’re prepared to address all of our clients’ business law needs and represent them in any disputes that arise.
We Advocate for Clarity and Knowledge
Buying or selling a business or entering into an agreement to open a small business franchise without the aid of legal counsel is a risky decision. A buy-sell agreement is a detailed and complex document that requires thorough legal examination. When you sign this document, you need to ensure that you know every detail of the purchase or sale so that you are fully aware of what it means for you.
With Creighton, McLean & Shea, PLC on your side, you will be equipped to handle every aspect of the transaction. We are here to help you understand all important aspects of business purchase and sale agreements and answer any questions that come up during the process.
At Creighton, McLean & Shea, PLC, we can help you prepare for all legal aspects of business ownership. From selecting the right business entity type to understanding employee wage laws, we can ensure that you are prepared to manage your business and keep it running smoothly effectively. Let us take the guesswork out of setting your business up for success. Call today to set up a consultation.
FAQs
What should I do if I’m selling a generational family business?
If you are selling a business that has been passed down from generation to generation, you should get a family business valuation to discover its true value and maximize your return.
What is succession planning?
It is important to prepare for a time when you want to leave your business eventually. Succession planning is a legal way to set a detailed plan in place to outline who will take over the operation of your business following your departure. Using the legal measure of a succession plan to choose a qualified successor will give you peace and confidence that your business is in the trusted hands of people who will respect and carry on your years of dedicated work.
How can a business avoid litigation?
The best way a business can avoid litigation is by preparing for it. It is important to establish an employment policy and draft other critical documents ahead of time. Creighton, McLean & Shea, PLC is prepared to help ensure your compliance with ever-changing laws, rules, and regulations at the state and federal levels. Our extensive experience means we are able to advise our clients on risk management and potential weaknesses before they affect your operations.
How Can I Terminate an Employee’s Contract While Minimizing Legal Risks?
You'll want to make sure that your employee did commit a fireable offense as defined by your company's documents. Carefully review the employment contract, employee handbook, and any relevant company policies to ensure that you are in compliance with the terms and conditions of termination.
Ensure that your policy outlines a clear discipline structure and that you follow it as it is laid out. For example, if your company policy states that the first time an employee is late, then they get a warning, firing them the first time they show up late to work can result in legal action.
You'll want to be clear with the employee as to why you're firing them and document the entire process. This includes a signature of your company's handbook at the beginning of their employment, outlining that they've agreed to your company's terms and conditions of employment.
What Do I Do if Another Party Breaches a Contract We Had in Place?
If another party breaches a contract that you had in place, it's important to take appropriate steps to address the breach and seek a resolution. You'll want to make sure that you have the breach documented and review the contract to ensure that it's a breach. Then, contact Creighton, McLean, & Shea PLC, where we can provide you with a free consultation and the next steps that you can take, whether that is mediation or a lawsuit.
Request a FREE Consultation with Livonia's Top Business Law Lawyers
You have questions. We have answers. Our team of business lawyers can offer you legal advice to help avoid litigation and advise you on important legal matters. With years of experience in business law, our team is well-versed in the field. Contact Creighton, McLean, & Shea PLC for a free consultation.
