News

Why do Unmarried Couples Need an Estate Plan?

In a marriage, when one spouse dies or becomes incapacitated the surviving spouse is granted certain rights and preferences under the law. In Michigan, these rights include the guaranteed distribution of a portion of the deceased’s estate to the surviving…

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A Negotiator’s Perspective

By John Monnich I have thoroughly enjoyed the Masterclass.com series by Chris Voss on The Art of Negotiating. Chris is a former FBI hostage negotiator who offers lessons on negotiating based on his personal experience and insight. I found his…

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Strobl PLLC Strengthens Tax and Estate Planning Expertise with Addition of Father Son Team

Strobl PLLC is excited to announce the addition of two new attorneys to their team of seasoned and trusted lawyers, Mike Scullen and Sean Scullen. Mike Scullen, a seasoned attorney in Michigan, represents a wide variety of individuals and businesses,…

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Is Now the Right Time for an Acquisition or Merger?
Part 2: Disadvantages

In Part 1, we reviewed some of the potential advantages of an acquisition or merger in this volatile economic climate. When considering an acquisition or merger, however, a business owner must also assess the risks and potential disadvantages of an…

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Is Now the Right Time for an Acquisition or Merger?
Part 1: Advantages

When major world events occur such as 9/11, the Great Recession of 2007-2009, and the current COVID-19 pandemic, the resulting changes in policy and the overall market can illuminate strengths and weakneses in a company’s business model. After a volatile…

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Private Placement Memorandums

Many small businesses start off as great ideas but due to lack of funds never see the ideas come to fruition. Fortunately, there are ways small business owners may seek out investors to help fund their idea and get the…

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Before Selling Your Business, Ask Yourself These 5 Questions

Whether you’re trying to decide if you should list your business for sale or take it off the market, answering the following 5 questions can help make a difficult, life-changing decision a little easier. How has COVID-19 affected your business?…

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7 Tips to Strengthen Your Vendor Contracts

Most manufacturing companies rely heavily on “supply chain” vendors to keep the business running. A breakdown in even a single link in the supply chain can be devastating to a business. In the wake of the recent pandemic and the…

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