When I first started my own business, I created an initial business plan simply because that's what I thought you were supposed to do. I wasn't looking for funding so no one other than myself would wind up seeing it, which made me think that...
This year's Detroit Startup Week is just around the corner and it's an event you don't want to miss. There are so many events throughout the year, whether it's a seminar, a workshop, a networking event, but none compares to Detroit Startup Week. You can...
Canvas Legal founder, Erin Bonahoom, had the chance to speak with existing and future entrepreneurs about the "Things I wish I had Known Before Starting My Own Business" with a panel of other entrepreneurs in various stages of their own businesses. The event was held...
Congratulations! You’re starting your own business! Have you thought about forming a separate legal entity to operate your business? If not, you should. It’s one way to limit your personal liability and provide separation between you and your business. A Limited Liability Company (LLC) is a...
I’ve never been a big believer in making New Year’s resolutions. I don’t really think that I’ll ever be. But, the last few months of 2015 were a bit of a whirlwind. My partner, Tifani, unexpectedly left our firm to accept a position as in-house...
A well-written client services agreement is an essential tool for small businesses in the services industry. It forms the basis of your relationship with your client including everyone’s expectations, rights and obligations. Having your own master client services agreement allows you to present the initial...
More and more, entrepreneurs are choosing to start their businesses as limited liability companies (known as “LLC’s”). This is not surprising because the LLC does not typically have the same level of formalities that a corporation requires, while offering other tangible benefits to the owners...