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Business Planning

Business Law

Our firm advises and represents companies and entrepreneurs with a broad range of business related services.  We advise our clients on business law, start-up assistance relating to the formation of an entity, assist with buying or selling a business, and evaluating and planning the intergenerational transfer of family businesses. 

 

Business Startup Services

Starting a business requires thorough planning. Our firm assists business owners in the formation of legally sound business entities and help entrepreneurs devise business strategies that help them achieve their goals.  We advise on the business startup and formation process including issues related to selection of entity type and jurisdiction. 

 

  • C-corporation formation
  • S-corporation formation
  • Limited liability company (LLC) formation
  • Partnership formation (including LLP)
  • Stock purchases
  • Asset purchases
  • Joint ventures

 

We also consult with business owners and draft shareholder agreements or partnership agreements as part of the entity formation process.

 

 

Buying and Selling Businesses

Our firm can guide business owners in the multi-stage process of buying or selling a business including:

  • Advising on the structure of the transaction
  • Negotiation of terms and drafting of the deal memorandum
  • Advising sellers on legal strategies to address issues raised during the due diligence process
  • Advising buyers on conducting legal due diligence
  • Drafting, reviewing and negotiating the extensive documentation involved in a business transaction, such as asset purchase agreements, stock purchase agreements and security agreements

 

Preparation and Review of Business Contracts

Our firm consults with business owners to draft, review, and negotiate contracts related to various business activities, including:

  • Buy-sell agreements
  • Lease agreements
  • Service contracts
  • Releases and waivers
  • Property agreements
  • Shareholder agreements
  • Operating agreements

 

Intergenerational Transfer of Family Business

Eventually, owners of successful family businesses must confront the issue of whether to sell the business or transition the business to the next generation.  Strategic transition planning is complex often involving family issues, tax issues, business organization, operation, and management issues, as well as estate planning issues.  We work with the foundation generation and the successor generation to evaluate all of the decision factors, assess the risks and the benefits of keeping the business in the family versus external sale, lease, or licensing options and develop a strategic transition structure.


With offices in East Lansing and Troy, the Fraleigh Law Firm, PLLC assists clients with Estate Planning, Agriculture and Farm Law, Business & Succession Planning, Probate & Trust Administration, Elder Law, and Special Needs Trusts throughout the state of Michigan, including Lansing, East Lansing, Grand Rapids, Mt. Pleasant, Troy, Saginaw, Frankenmuth, Muskegon, Sandusky, Bad Axe, Gaylord, Sault Ste. Marie, Waterford, Howell, Farmington Hills, Novi, and Port Huron in Ingham County, Eaton County, Clinton County, Shiawassee County, Livingston County, Ogemaw County, Gratiot County, Lapeer County, Sanilac County, Oakland County, and Newaygo County.

Fraleigh Law Firm, PLLC, is a Michigan company, providing legal services only in the State of Michigan.



© 2017 The Fraleigh Law Firm, PLLC
6200 Pine Hollow Drive, Suite 200, East Lansing, MI 48823
| Phone: 800-928-0034
900 Wilshire Drive, 202, Troy, MI 48084
| Phone: 800-928-0034

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