An annual meeting of members is the yearly gathering of LLC owners to review the company’s performance, elect or re-elect governors, approve financial reports, and ratify management actions taken …
READ MORE →A written action allows the Board of Directors of a corporation to approve decisions without holding a formal meeting. When all directors sign a written action, it has the same legal effect as a vote …
READ MORE →A written action allows the Board of Governors of an LLC to approve decisions without holding a formal meeting. When all governors sign a written action, it has the same legal effect as a vote taken …
READ MORE →An incorporator is the person who files the Articles of Incorporation with the government, initially forming the corporation. The incorporator may be the corporation’s owner, attorney, or another …
READ MORE →Maintaining corporate formalities: annual meetings, board minutes, and separation of personal and business finances, is the single most important defense against personal liability for business debts …
READ MORE →In Minnesota, no single statute supplies one test for whether a worker is an independent contractor or an employee. Minn. Stat. § 181.722 prohibits misclassification and sets the penalties for it, and …
READ MORE →Every Minnesota LLC and corporation must file an annual renewal with the Secretary of State by December 31, maintain a registered agent, and meet Department of Revenue filing obligations on separate …
READ MORE →The Minnesota Consumer Data Privacy Act (MCDPA), codified at Minn. Stat. §§ 325M.10–325M.21, applies to businesses that conduct business in Minnesota and either process personal data of 100,000 or …
READ MORE →The five vendor contract clauses most likely to produce disputes are indemnification, liability caps, auto-renewal, termination rights, and intellectual property ownership. If you sign a vendor …
READ MORE →If a consumer product your company makes, imports, distributes, or sells may be defective, federal law can require you to tell the Consumer Product Safety Commission (CPSC) before your investigation …
READ MORE →Every business relies on vendors. From software platforms and cloud storage to payroll processors and marketing agencies, vendor relationships form the backbone of modern operations. Yet most business …
READ MORE →Your commercial lease is expiring, and the landlord has sent a renewal proposal with a steep rent increase. For many business owners, this moment triggers a wave of anxiety. Relocating is expensive …
READ MORE →Selling a business is one of the most consequential financial decisions a business owner will ever make. Yet many owners approach the process unprepared, leaving significant value on the table or …
READ MORE →A purchase agreement is the foundational document governing the sale of a business. It allocates risk between buyer and seller, defines what is being sold, establishes the purchase price and how it …
READ MORE →When an employee leaves your company, whether voluntarily or through termination, one of the most legally sensitive obligations you face is delivering that final paycheck correctly and on time. Across …
READ MORE →If you own a business structured as a limited liability company, there is a question you may have never considered: what happens to the LLC if one of its members dies? For many business owners, the …
READ MORE →A commercial lease is one of the largest financial commitments your business will make. It can lock your company into hundreds of thousands of dollars in obligations over five, ten, or even fifteen …
READ MORE →You shook hands on a deal. You talked through the terms over lunch. You both walked away confident you were on the same page. Then, six months later, a dispute arises and you discover that your …
READ MORE →Every year, businesses lose key employees who walk out the door carrying trade secrets, client relationships, and proprietary strategies. For CEOs and business owners, restrictive covenants are the …
READ MORE →A single missed hour on a timesheet may seem trivial. But when that missed hour is multiplied across dozens of employees over several years, the resulting liability can threaten the financial …
READ MORE →Firing an employee should be straightforward. After all, most states recognize at will employment, meaning either party can end the relationship at any time. Yet wrongful termination lawsuits remain …
READ MORE →Right now, businesses in your industry are being sued. Some of them are your direct competitors. They’re dealing with employment discrimination claims, wage and hour lawsuits, contract disputes, and …
READ MORE →Someone slides a contract across the table and says, “Don’t worry, it’s our standard agreement.” You’ve heard this before. Maybe you’ve even said it yourself. The implication is clear: this is …
READ MORE →Letting someone go is one of the hardest things you’ll do as a business owner. It doesn’t matter how many times you’ve done it; it never gets easy. But here’s what makes it worse: when a termination …
READ MORE →One of your employees just filed a complaint about a manager’s behavior. Your stomach drops. Not because of the complaint itself (you want to know about problems) but because you know what happens …
READ MORE →In the first half of 2025, plaintiffs filed over 2,000 ADA website accessibility lawsuits in federal court, a 37% increase over the same period in 2024. Restaurants, e-commerce companies, and …
READ MORE →An ADA website lawsuit claims that a customer with a disability could not use your site, for example with a screen reader, and it asks a court to order fixes and award attorney fees. Most of the law …
READ MORE →For most Minnesota businesses, the right entity is an LLC with an S-corp tax election. I form LLCs and corporations for businesses across the state. Let me explain why, and when the exceptions apply. …
READ MORE →Every Minnesota business with a website has a Terms of Service problem. Either the terms are missing, copied from someone else’s site, or pulled from a free template that doesn’t account for Minnesota …
READ MORE →If you co-own a Minnesota business and don’t have a buy-sell agreement, you have a problem you just haven’t felt yet. One partner dies, gets divorced, goes bankrupt, or simply decides to leave, and …
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