Author: Joseph Shanley

Joe Shanley Appointed to SBM Affordable Legal Services Committee

Earlier this month, the State Bar of Michigan appointed Joe Shanley as a member of its Affordable Legal Services Committee. Joe Shanley is the founder and principal attorney for Awen Innovations. Approximately 80% of people of poor to moderate means do not get the civil legal assistance they need. The Affordable Legal Services Committee hopes […]

Michigan LLC Annual Statement Filing Requirements

Michigan Limited Liability Companies (LLCs) must file an annual statement with the Corporations Division of the Department of Licensing and Regulatory Affairs (LARA) every year to keep their business in good standing. In this week’s article, I discuss the requirements for filing Michigan LLC annual statements. Please note that this article does not discuss separate […]

Non-Compete Agreement Basics for Small Business Owners

Non-compete agreements (or Non-competition agreements) are used in contracts to prevent one party from directly competing with another party in the same industry or profession. You’ll typically see them in employment agreements to prevent employees from using a company resources or information to benefit competitors. Or worse, to harm their employer. Yikes. This past July, […]

Top Tax Planning Tips for Small Business Owners

“In this world nothing can be said to be certain, except death and taxes.” — Benjamin Franklin When you mention taxes to a small business owner, it can evoke heartburn and anxiety. And it’s true, taxes are complicated and may end up costing a pretty penny. The good news is that there are great resources […]

How to Use a Financial Pro Forma

One of the most important aspects of business is financial planning. While that may seem obvious, many business owners tend to focus on day-to-day issues without a clear idea of their long term trajectory. A financial pro forma is an excellent tool for setting realistic expectations for the future.  I recently interviewed Jason Niehaus, an […]

Michigan LLC Formation Essentials

Before beginning your journey as a business owner, you should form a legal entity. Legal entities offer business owners liability protection to facilitate responsible risk taking in the marketplace. They also establish statutory and contractual guidelines that define your relationship with partners, employees, and customers. Entity selection is complicated and must be tailored to the […]

Top Four Reasons To Send an NDA

When contracting with others, you may need to disclose valuable commercial information to achieve the best results. To do this more efficiently and safely, you should consider sending a Non-Disclosure Agreement (or “NDA”) to the other party. An NDA is a legally binding agreement between two or more parties that ensures certain information will remain […]

Voice-to-MIDI: A More Intuitive Way to Interact with Music

Joe Shanley recently co-authored an article for the MIDI Association of America as a co-founder of Bace Technologies, LLC. The article highlights the company’s music technology, Bace. Bace is a real-time AI technology that translates vocal sounds into usable drum MIDI notes for music recordings. MIDI is the technical standard for communication between musical instruments […]

Four Things to Consider When Raising Money

To raise money or not to raise money? That is the question. I find that a number of my startup clients want to bring on investors to jump start their business. It’s as if raising money is inevitable. With outside investment, however, comes added responsibility and organizational change. In this article, I am going to […]