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The Ins and Outs of Earnouts

Buying or Selling a Michigan Small Business. What is an Earnout? An earnout is a portion of the purchase price that is held back by the buyer or placed in escrow contingent upon the business remaining successful after the acquisition.   A buyer will typically hold...

Six Benefits of Hiring a Michigan Employee

Michigan Employment Compliance Many would-be Michigan employers opt for utilizing temporary employees through agencies or hiring independent contractors or consultants instead of growing their own workforce.  Even though this might be the easiest choice initially,...

Did You Unknowingly Make an Independent Contractor Your Employee?

Michigan Independent Contractor Law For the past several years, many Michigan companies have cut back on employment or using Independent Contractors to save on payroll, worker’s compensation, and other employee related expenses.   Michigan employment laws often...

The Devil Is in the Details

Does your estate plan work the way you think it works? Are you sure what your estate plan says?  Could you put your wishes into your own words?  Would they match up with what your will or trust directs?  Why all of the questions? Estate Planning Surprises Lately, I...

Michigan Liquor License Laws

Buying or Selling a Liquor License If you are seeking a liquor license in the state of Michigan, the process can be very complex as Michigan has one of the most dynamic liquor control laws in the nation. Eyestone Law Offices PLC can help you work through the process...