B-Corps and Benefit Corporations: Organizations for the 21st Century?

The concept of social enterprise is popular these days, with frequent talk of “for profits” seeking social good and “non profits” pursuing revenue generation. In accord with these trends, more than half of states now allow “benefit corporations,” or a hybrid for-profit legal entity whose...

What’s Your Business Worth? How the experts valuate your business

Whether you’re interested in buying an existing business or selling one which you have built over the years, placing an accurate value on the operation is often a challenging process. “For many of my clients, selling a business might be the biggest financial transaction of their...

Who’s Afraid of the Driverless Car?

  Local insurance agency executives say it’s a matter of when, not if, driverless cars will begin appearing on the nation’s highways. And when they do, the $200 billion-a-year auto insurance premium market will be turned upside down. “If you’re getting rid of the driver, it could...

For the Love of the Law

Lou Smith on 50 years practicing law, his nickname "Loophole Louie" and how he envisions his legacy. Lou Smith has been practicing law for 50 years and his enthusiasm for everything legal hasn’t waned. “You have to be wild about it to do well,” he said. These...

Not Your Grandparents’ Lobbyist

Worried your kid might turn out to be a lobbyist? Gabe Schneider, owner of Northern Strategies 360 in Traverse City, doesn’t share your concern. And he has two children of his own. “In fact, we need more lobbyists,” argued Schneider, the former regional representative for Senator...