Business Law & Transactions
What 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 MoreSelling the Successful Small Business: 7 Things To Do To Prepare For The Sale
As a small business owner and business lawyer at Dalton & Tomich, PLC, I can attest that owning and running a small business is not for the faint at heart. Selling one isn’t either. Selling a small business is not something one can do on […]
Read MoreDo You Have All the Right Documents for Your Business? Are They All Up-to-Date?
Business documents matter! Do you have all of the documents you should and have they been updated in the last three years? Detroit business attorney Zana Tomich discusses the importance of all of the following in this video: Articles of Incorporation or Organization Bylaws Operating […]
Read MoreDoes Your Family Business Have a Succession Plan? It Should
Every family business needs a succession plan. Why? As Detroit-based business attorney Zana Tomich explains in this video, the succession plan is crucial to a family business’ ability to succeed in the future and thrive beyond the current generation. Overlooking the succession plan is one […]
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 MoreLease Negotiation Tip: Don’t Overlook the Letter of Intent
The number one lease negotiation issue Detroit-based business attorney Zana Tomich sees clients run into is the lease letter of intent or LOI. It can be just as important as the lease itself and often dictates the terms of the lease. As Zana explains in […]
Read MoreSelling a Small Business: 7 Tips for a Successful Sale
? If you’re interested in selling a Detroit small business or a closely held operation based elsewhere in Michigan, you know that it’s not something you can do on the open market. Finding an interested buyer for your small business is half the battle. The […]
Read MoreComing to America (and Starting a Business)
With Detroit serving as a border crossing into Canada, I receive a lot of inquiries from persons out of the country trying to do business in the U.S., and specifically in Michigan. The first question that arises is whether a Canadian (or a foreign national/non-citizen) […]
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 MoreCould Your Organization Use a Corporate Clean Up?
In advising hundreds of closely held companies over the years, one of the things I often recommend to clients is a corporate clean up. What’s a corporate cleanup? It’s a term used to describe the process of taking a deep dive into a company’s organization […]
Read MoreAbout Us
The attorneys of Dalton & Tomich, PLC have the experience and the knowledge to work with you to develop a legal solution that helps accomplish your goals. Our collaborative approach has helped leaders like you grow businesses and banks, develop and expand churches, and build nonprofit organizations nationwide.
Our Practice Areas
- call us: 313.859.6000
- visit us:The Chrysler House
719 Griswold Street, Suite 270
Detroit, Michigan 48226 - parking:Financial District Garage (730 Shelby Street, access via Lafayette and Shelby)
Mitchell CorderAdministrative Bishop Church of God, Tennessee
In my role as Administrative Bishop for the Church of God, quite often we are faced with issues that involve local governments and municipalities. Many of these issues that arise in dealing with entities are land use related. I have found Dalton & Tomich’s experience and expertise in this area to be a valuable resource and asset in every situation.
Tim RhodusLead Pastor, Cross Church Carlinville & Staunton, IL
Never one time during a year-long litigation process did Dalton & Tomich demonstrate anything other than Christ-like professionalism. They managed the legal details, while we continued to do church. How they managed themselves, managed our case, and represented our church set the table for me and our church to be where we are today.
Ronnie HolmesSenior Pastor, Church of the Open Door, Waco, TX
Dalton & Tomich’s expertise and experience helped us through a very difficult legal journey, ultimately achieving a favorable outcome. Their personal interest in helping us went “above and beyond” just the call of duty.