In this video, you get answers to these questions: How do you buy out a partner from a business? Why is it vital to have an agreement about how the transition is handled? What is a buy/sell …
READ MORE → In this video, you get answers to these questions: Can I pick a business name if a similar name already exists? Where do you go to register your business name? What are the important considerations …
READ MORE →In this video, you get answers to these questions: For your new business, should you use your home address, PO box or something else? Which address should the business use? Does a PO box work in …
READ MORE →Introduction In this video, you get answers to these questions: How do you create a contract in Minnesota? Can you have an oral contract or does it have to be in writing? What provisions have to be in …
READ MORE → In this video, you get answers to these questions: What is the corporate practice of psychology? What is the Professional Firm Act? Who should own a psychology clinic? Video Transcript Is the …
READ MORE →In this video, you get answers to these questions: What is the definition of quid pro quo? What is an example of quid pro quo? Video Transcript What is a quid pro quo? What does quid pro quo mean? …
READ MORE → In this video, you get answers to these questions: Can I sell my chair rental salon? Is it worth it to sell my chair rental salon? What is the business worth? What is involved in selling a salon …
READ MORE →In this video, you get answers to these questions: Am I personally liable if my LLC breached a lease agreement? What if you breach the lease agreement? What happens when an LLC breaches a lease and …
READ MORE →In this video, you get answers to these questions: What do you do when you have to wait for a large sum of money? What is a promissory note and confession of judgment? How do you agree to extend …
READ MORE →In this video, you get answers to these questions: What money do you pay taxes on when you are selling a product? How do you determine what your tax liability is? How can you figure out what you owe …
READ MORE → In this video, you get answers to these questions: If your business fails and you file bankruptcy, how does this affect your credit? What happens if your business fails? What if the business files …
READ MORE →In this video, you get answers to these questions: What are the tax advantages of having a business vs. running an operation as an individual? Do you want to set up a business or company, or should …
READ MORE →In this video, you get answers to these questions: As a business owner, do you have to pay tax on the money you receive from shipping and handling? What are you paying taxes on? What do you need to …
READ MORE →Guidance for Employers on Minnesota’s New Wage Theft Law The Minnesota Legislature passed and the governor has signed a new Minnesota Wage Theft Law. The new law amends existing state labor laws and …
READ MORE →A court recently held that a will is valid even though the witnesses signed as testators on a separate page. Case Title Castruccio v. Castruccio, 146 A.3d 1132 (MD Ct. App. 2016) Case Summary The …
READ MORE →Prepare for Your Telephone Hearing You are scheduled to participate in an Unemployment Insurance appeal hearing on the date and time listed in the Notice of Hearing included in this mailing. The …
READ MORE →The Internet and Public Policy: Privacy and Consumer Protection This brief is one of a series on public policy and the Internet, with special attention to the laws and public policies of the state of …
READ MORE →Negligent misrepresentation occurs when a party provides false or misleading information, resulting in harm to another party who reasonably relies on that information. To establish liability, the …
READ MORE →Does mold or asbestos relieve a tenant from paying rent to a landlord in Minnesota? Rental Property Must be ‘Habitable’ Under Minnesota Statutes, implied in every oral and written residential lease …
READ MORE →What is a Merger of a Nonprofit Organization? In this video, you get answers to these questions: What is a merger of a nonprofit organization? What is a nonprofit organization? What would be an …
READ MORE →Setting up a Special Litigation Committee (“SLC”) is a great way to deal with a conflict of interest in a company. A Special Litigation Committee allows the company to keep control of legal claims …
READ MORE → Sale representatives paid on commissions have significant legal rights in Minnesota. This article explains the legal protections available to sales representatives who are employees in Minnesota. …
READ MORE → Overview This story illustrates how two entrepreneurs can accidentally find themselves in a partnership. A partnership doesn’t need to be registered with the state. A partnership can begin whenever …
READ MORE →If you are an officer or director accused of making a bad decision, the “business judgment rule” is an important defense to understand. Directors and Officers Owe a Duty of Care In general, directors …
READ MORE → Every Minnesota business needs to have an address on record with the Secretary of State. This is called the registered office. Instead of providing a physical address, you can use a registered …
READ MORE →August 2009 A surveyor colleague of mine came back from a continuing education class a while ago and said that the lawyer instructor wished out loud that the Torrens system would go away. The lawyer, …
READ MORE →Among real estate agents and brokers, some types of referral fees, commissions, and fee sharing are permitted. Other types of fee sharing are prohibited by Minnesota real estate statutes and …
READ MORE →When you name your LLC or corporation, you need to decide which entity designation to include at the end. For example, “Angie’s Plumbing” might become “Angie’s Plumbing …
READ MORE →What is a private attorney general statute? A “private attorney general” statute authorizes a court to award attorney’s fees to a party that hires a private attorney to address an injustice that harms …
READ MORE →If you’re running EOS® (the Entrepreneur’s Operating System) in your business, you have experienced firsthand how beneficial it can be to your company’s growth. Like all learning tools and systems, to …
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