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Paycheck Protection Program Second Draw Application Extended

The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) Second Draw Loan program closes on May 31, 2021 and interested business owners hit hard by the pandemic owners should consider applying for assistance. The program was orig… Read More
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Categories: Business, Covid 19

Is a Non-Compete Agreement Enforceable in Michigan?

A business owner’s biggest investment is often his or her employees. Not only does an employer invest time in an employee through training, salary, and benefits, he or she also invests a level of trust in the worker. To protect the business, an emp… Read More
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Categories: Business

OSHA Issues New Emphasis on Worker Safety

The U.S. Department of Labor’s Occupational Safety and Health Administration has launched a national emphasis program (NEP) focusing enforcement efforts on companies that put the largest number of workers at risk of contracting COVID-19. The pr… Read More
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Categories: Business

Your Rights as a Jointly-Owned Property Owner in Michigan

In Michigan, a person jointly owns property in one of four ways: Tenants in Common, Joint Tenants, Joint Tenants with Full Rights of Survivorship, and Tenants by the Entireties. Tenants in Common Two or more individuals who are not married and are no… Read More
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Categories: Business

Keyman Insurance Is An Important Component of Business Succession Planning

Many small businesses rely on one or two important individuals to maintain daily operations and, in some instances, keep the business afloat. What would happen if this key person should become ill or pass away? Keyman insurance is an option to consid… Read More
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Categories: Business

Your PPP Loan May Affect the Sale of Your Business

Business owners thinking about buying or selling a business while holding onto an outstanding PPP (Paycheck Protection Program) loan should take note of a new Small Business Administration (SBA) Procedural Notice regarding “change of ownership.”… Read More
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Categories: Business

Financial Exploitation Prevention Act Requires Employers Provide Training

Gov. Gretchen Whitmer recently signed Senate Bill 464 into law, creating the Financial Exploitation Prevention Act. The law requires that financial institutions, including banks and credit unions, have a policy and train employees to detect and repor… Read More
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Categories: Business

Newer Law Extends Commercial Tax Abatements Through 2025

A law, signed into effect in October of 2020, amends the Commercial Rehabilitation Act and the Commercial Redevelopment Act so that the granting of property tax abatements for qualified businesses continues through Dec. 31, 2025. Commercial Rehabilit… Read More
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Categories: Business, Real Estate

Why You May Wish to Consider a Family Limited Partnership in Your Business Succession Planning

You may be years away from the transferring of your business to the next generation. Advanced planning provides you with more options and flexibility, resulting in a greater likelihood of your business’s continued prosperity and the preservatio… Read More
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Another Round of Paycheck Protection Program (PPP) Loans Available This Week

The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) reopens this week for new borrowers and certain existing PPP businesses. Starting today, Jan. 11, community financial institutions will be able to make First Draw PPP Loans… Read More
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Categories: Business, Covid 19

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Press Room

Apr
12
O’Reilly Rancilio attorney Lawrence “Larry” Scott, of Harrison Township, was recently named to the Michigan Lawyers Weekly Hall of Fame Class of 2021. The awar… Read More
Feb
2
O’Reilly Rancilio is pleased to announce that Jim Sarconi, an equity shareholder, has joined the firm’s Board of Directors and Keith Jablonski is now an equity s… Read More
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Blog

Apr
12
The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) Second Draw Loan program closes on May 31, 2021 and interested business owners hit hard… Read More
Apr
8
A business owner’s biggest investment is often his or her employees. Not only does an employer invest time in an employee through training, salary, and benefits, h… Read More
Read More From Our Blog