I have often seen one co-owner cut the other off from the company bank account once trust between them breaks down. Whether that lockout is lawful in Minnesota depends on who holds authority over the …
READ MORE →Who Holds the Rights? Ownership of a New Business Idea Developed Using Company Resources In today’s fast-paced and competitive business world, innovation and creativity are highly valued assets. …
READ MORE →Code Ownership: Employee Use in Company Software In today’s rapidly evolving technological landscape, issues surrounding code ownership have become increasingly relevant. One such situation arises …
READ MORE →Can You Enforce a Contract with No Evidence? Contracts serve as the backbone of legal agreements, providing a framework for business transactions and personal arrangements. In the world of contract …
READ MORE →Unveiling the Evidentiary Potential: Exploring Voice Recordings as Proof of Oral Contracts Contracts are essential legal agreements that outline the terms and conditions between parties involved in a …
READ MORE →Choosing the Right Entity for Your Insurance Policy: Personal Name, LLC, or DBA? When it comes to securing an insurance policy, one of the decisions you’ll need to make is whether to have it …
READ MORE →Understanding Foreign Entity Registration In today’s digital age, the concept of a traditional brick-and-mortar business has evolved significantly. With the rise of the internet and remote work, …
READ MORE →Unraveling the IRS Perspective on DBAs When starting a business, many entrepreneurs choose to operate under a “Doing Business As” (DBA) name instead of their personal name or legal entity. A DBA, also …
READ MORE →Unlocking Brand Potential with Special Characters in Business Names When it comes to establishing a business, many entrepreneurs opt for a “Doing Business As” (DBA) name to operate under a different …
READ MORE →Video Overview A passage in this transcript was updated and may differ from the video. For the current rule, see Minn. Stat. § 333.01. Can a Business DBA Help With SEO? This is actually a pretty …
READ MORE →Unveiling the Need for a DBA: When is it Required? Starting a new business venture often involves making important decisions, including choosing a name that reflects your brand and resonates with your …
READ MORE →Alternatives to Using a Registered Agent for Your Bank Account Address When setting up a bank account, one of the key requirements is providing a physical address. Individuals and businesses sometimes …
READ MORE →Preserving Limited Liability: Safeguarding Your Pass-Through Entity Pass-through entities, such as partnerships, limited liability companies (LLCs), and S corporations, have gained popularity among …
READ MORE →Navigating Multiple Businesses: The Role of DBAs in Streamlining Operations When it comes to owning multiple businesses, entrepreneurs often find themselves faced with a range of administrative and …
READ MORE →Decoding the IRS Perspective: How the IRS Views and Taxes LLCs Limited Liability Companies (LLCs) have become increasingly popular as a business structure due to their flexibility and liability …
READ MORE →Navigating the Enforceability of Oral LLC Ownership Percentages: A Legal Perspective Limited Liability Companies (LLCs) have become a popular choice for business owners due to their flexible structure …
READ MORE →Resolving the Will vs. Power of Attorney Dilemma Planning for the future is a crucial aspect of our lives, especially when it comes to matters of legal and financial decisions. Two key documents that …
READ MORE →Ensuring Legal Compliance In today’s complex and ever-changing legal landscape, it is essential for individuals and organizations to stay up-to-date and compliant with legal regulations. Whether you …
READ MORE →Proving the Existence of Your Business Starting a business is an exciting and rewarding endeavor, but it comes with certain challenges. One such challenge is proving the existence of your business, …
READ MORE →If your company learned about a lawsuit only after the bank froze its account or a judgment lien turned up on its property, the lawsuit probably ended in a default judgment: a judgment entered because …
READ MORE →Unlocking Business Potential: Exploring Credit Card Options with an EIN Credit cards are a ubiquitous tool for managing personal and business finances. While most people are familiar with using their …
READ MORE →Persistent Debt Pursuit After Bankruptcy: Understanding the Reasons and Solutions Filing for bankruptcy is a legal process that offers individuals and businesses overwhelmed by debt a fresh start. It …
READ MORE →Do You Have a Right to Photos of You? In today’s digital age, where smartphones are equipped with high-resolution cameras and social media platforms encourage photo sharing, the issue of personal …
READ MORE →Think About Your Big Relationships When I sit down with new business owners, I ask about their key relationships: customers, suppliers, independent contractors, partners. Each of those relationships …
READ MORE →Advice for Young Entrepreneurs on the Road to Success Becoming an entrepreneur at a young age can be both exhilarating and daunting. As a young entrepreneur, you possess a unique perspective and …
READ MORE →Resolving the Conflict: Trust vs. Will – Which One Prevails? Estate planning is a crucial process that involves making important decisions about the distribution of assets and the protection of one’s …
READ MORE →FENE stands for Financial Early Neutral Evaluation. It is also known as Early Neutral Evaluation (ENE). FENE is a court-connected alternative dispute resolution process used in Minnesota family court …
READ MORE →In business entities, the limited liability company (LLC) is a popular choice due to its flexibility and liability protection. One of the fundamental components of an LLC is its members. Members are …
READ MORE →Service Businesses and Taxes Should service businesses charge sales tax for labor? Traditionally, sales tax only applied to the sale of goods, not services. Many state legislatures have been expanding …
READ MORE →Revocable Trusts and Asset Protection Asset protection is a crucial consideration for individuals seeking to safeguard their hard-earned wealth. Revocable trusts have gained popularity as an estate …
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