News Releases

Small Businesses Learn More About Business Entity Choices at Comerica Seminar

DETROIT/June 1, 2005 -Small business owners will learn about the types of business entities -- such as sole proprietorships, partnerships, limited liability companies and corporations -- to determine if they’ve chosen the right one when Comerica Bank hosts a small business workshop on business entity choices and asset protection on Thursday, June 9, from 8:30 a.m. to 11:30 a.m. at Comerica’s Southfield Tower, located at 29201 Telegraph Road in Southfield, Mich. A pre-workshop continental breakfast will begin at 8 a.m.

The seminar is part of a comprehensive series of workshops sponsored by Comerica that are designed to help small business owners succeed.

John Maddox of Maddox and Ungar, PLLC and Donna DeGennaro of Comerica Insurance Services will discuss the tax and non-tax advantages and disadvantages of the business entity choices; examine examples of those choices and how they apply to various businesses; compare the issues faced by each type of business entity; and provide tips on how to protect the business owner’s personal assets.

Cost for the workshop is $50 for Comerica customers and $75 for non-Comerica customers and $25 for each additional participant from the same company. Reservations are required and can be made by calling 1-800-829-5214 orbyregistering online.

Comerica Bank is a subsidiary of Comerica Incorporated, a financial services company headquartered in Detroit and strategically aligned into the Business Bank, Small Business & Personal Financial Services, and Wealth & Institutional Management. Comerica focuses on relationships, and helping businesses and people be successful. Comerica reported total assets of$53.5 billion at March 31, 2005.

Media Contacts:

Kathleen Pitton
313-222-4916

Scott Talley
313-222-2917