Demorest Law Firm, PLLC, welcomes Michael K. Hayes as an associate attorney. Michael originally joined the firm in 2010 as a law clerk and was recently made an associate after being admitted to practice in both Michigan and Wisconsin. Michael graduated from Michigan State University with a Bachelor of Arts in Political Science in [...]
Years ago I taught two programs for Wayne State University entitled Starting a Profitable Small Business and Running a Profitable Small Business. Inevitably one of the most pressing issues for those starting a business had to do with finding the money they needed to kick things off while for those already in business the issue [...]
Non-compete agreements offer protection to employers after the separation of an employer and employee. This protection is limited, as courts strictly construe the terms of non-compete agreements. In Michigan, non-compete agreements must not be overly broad. To be enforceable, a non-compete agreement must be reasonable in limiting the time a former employee may not compete [...]
For years now our firm has had an annual retreat which we have found to be extremely helpful. As the author Shira Levine, Freelance Writer for American Express Open Forum suggests, retreats don’t have to be budget busters and, in fact, can be done locally and therefore cost effectively. Typically, in the fall of each [...]
What do oil and water and family members who are employees in your small business have in common? They rarely mix and are frequently toxic to the environment. Although it should be noted that there are of course occasions of success, the most likely outcome is entrenched employees that are nearly impossible to remove, strained [...]
Business is war. It’s a jungle out there. Never give a sucker an even break. Nice guys finish last. It’s a dog-eat-dog world. We’ve all heard at least one of these bits of wisdom in our lives. Some of us even use them on a regular basis to describe business or personal philosophy. Though they [...]
Do you have an employee who is always late? One who makes or receives personal phone calls daily or one who sneaks out a couple of minutes early on a regular basis? What about an associate that is on their cell phone texting through out the day or who clicks off the computer screen as [...]
Stop anyone you meet and ask “what’s the biggest mistake a new business owner can make?” Odds are they won’t know. A more insightful respondent (perhaps one who knows from personal experience) might mention “undercapitalization” or “lack of cash flow”. They’re usually right. But the truth is, the biggest mistake is usually not one but [...]
As a business owner, the quality of your decision-making determines your success or failure. By decisions, we don’t mean what suit you’re going to wear or whether to go to the gym or not. Those are choices. In a decision, the issue you’re facing is unconventional. This means there’s going to be some uncertainty, particularly [...]
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