Category Archives for Business
Can I Register a Dead or Abandoned Trademark?
In this video, you get answers to these questions: Can I register a “dead” or abandoned trademark? What is a dead or abandoned trademark? What is trademark protection? What can lead to trademark infringement? Video Transcript Can I register a dead or abandoned trademark? That’s a question I’m going to answer today. I’m Aaron Hall. […]
Continue readingBuy or Sell a Business & Owner Disputes: How to Avoid Problems
In this video, you will get answers to these questions: What are the major terms and considerations in the sale of a company? What are the major terms and considerations in the purchase of a company? What are the fiduciary duties that business owners owe each other? If business owners are fighting, what options […]
Continue readingDo I Have to Obey a Cease and Desist Letter?
In this video, you will get answers to these questions: Do I have to obey a cease and desist letter? What is a cease and desist letter? What should I do if I receive a cease and desist letter? Video Transcript Do I have to obey a cease and desist letter? That’s the question I’m […]
Continue readingWhat is a Demand Letter?
In this video, you get answers to these questions: What is a demand letter? What are the takeaways from this lawsuit? Why is it important to hire an attorney when responding to a demand letter? Why is it important to take a demand letter seriously? Video Transcript What is a demand letter? I’m Aaron Hall, […]
Continue readingShould My Spouse and I Own an LLC Together?
In this video, you will get answers to these questions: Should my spouse and I own an LLC together? Is there any other reason to have the company owned by two business owners? Are there any consequences of having 50/50 ownership? Video Transcript Should my spouse and I own an LLC together? That’s the question […]
Continue readingWhat Salary is ‘Reasonable Compensation’ for S Corp Owners?
The IRS requires business owners who work in an S corporation to pay themselves a reasonable wage. Without this requirement, business owners could pay themselves $1 per year, which is subject to 15% payroll tax, and the remaining profits received by the business owner would be free of payroll tax. How do you figure out […]
Continue readingShould My Court Arguments be Emotional or Logical?
In this video, you will get answers to these questions: What steps do you need to take when preparing to go to court? What is the court of the law? What is the court of equity? Should you speak to the heart or the mind of the judge? Is there enough logic and reasoning in […]
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Minnesota Conciliation Court: How to Prepare for Small Claims Court
What is Minnesota Conciliation Court? Minnesota Conciliation Court, often called “small claims court,” is part of the Minnesota state court system. Conciliation court is designed to more quickly resolve small disputes without the costs, time, and formalities of a normal case in Minnesota District Court. How Conciliation Court is Different from Normal Court Cases Minnesota […]
Continue readingIn an Accident, How Do People Get Your Health Care Directive?
In this video, you will get answers to these questions: If you are in an accident how do people get your healthcare directive? What is a health care directive? What are the steps you can take for family and friends to have access to your health care directive? Video Transcript If you’re in an accident, […]
Continue readingWhy Do Lawyers Use Legalese?
In this video, you get answers to these questions: Why do lawyers use legalese? What are two reasons why lawyers will use legalese? Video Transcript Why do lawyers use legalese? That’s the question I’m going to answer today. I’m Aaron Hall, an attorney for business owners in Minneapolis, Minnesota. All right. You might be wondering […]
Continue readingWhy is a Confession of Judgment so Powerful?
In this video, you will get answers to these questions: Why is a confession of judgment so powerful? What is a confession of judgment? What are some examples? Are you entering into a contract with a person you don’t trust? Video Transcript Why is a confession of judgment so powerful? That’s a question I’m going […]
Continue readingThe Difference Between an EIN, Tax ID, and Social Security Number
Introduction In this video, you will get answers to these questions: What is the difference between an EIN, Tax ID, and Social Security Number? What is an EIN Number? What is a Tax ID Number? What is a social security number? How does the IRS know there is an audit needed? Video Transcript What’s the […]
Continue readingWhat is the Court of Equity?
In this video, you will get answers to these questions: What is the court of equity? What is the history of the court of equity? How is the court of equity used today? What does it take to be an effective litigator? Video Transcript What is the court of equity? That’s what I’m going […]
Continue readingRecoupment: One Term Every Artist Should Know
In this video, you will get answers to these questions: What is one term every artist should know? What is recoupment? Why is recoupment so vital for an artist? What is a general rule when signing a business contract? Video Transcript What is one term every artist should know? Recoupment. I’m Aaron Hall, a business […]
Continue readingWhat is Good Cop, Bad Cop?
In this video, you will get answers to these questions: What is good cop, bad cop? How do you use good cop, bad cop in a negotiation? What are some examples when used by lawyers? Video Transcript What is good cop, bad cop? That’s the question I’m going to answer today. I’m Aaron Hall, a […]
Continue readingAre Rent to Own Homes a Good Deal?
In this video, you will get answers to these questions: Are rent to own homes a good deal? Should you as a tenant consider renting to own? Should you as a landlord offer this option to your tenants? Where do problems arise in a rent to own agreement? Video Transcript Are rent-to-own homes a […]
Continue readingWhat is a Chinese Wall in a Contract?
In this video, you get answers to these questions: What is a Chinese wall in a contract? What is an example of a Chinese wall in a contract? What is another name for a Chinese wall? Video Transcript What is a Chinese wall in a contract? I’m Aaron Hall, a business attorney in Minneapolis, Minnesota. […]
Continue readingHow Do You Buy Out a Partner from a Business?
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 agreement? Can this apply to an LLC and a Corporation? How do you buy out a partner from […]
Continue readingCan I Pick a Business Name if a Similar One Already Exists?
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 when picking a business name? What is trademark delusion? What is trademark infringement? Video Transcript Can I pick a […]
Continue readingFor My New Business, What Address Should I Use?
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 P.O. box work in Minnesota for your legal address for registration? What if you don’t want to use your home address? What are […]
Continue readingCorporate Practice of Psychology – Can a Clinic be Owned by Non-Psychologist?
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 corporate practice of psychology legal in Minnesota? That’s the question I’m going to answer today. I’m Aaron Hall, a business attorney in […]
Continue readingQuid Pro Quo?
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? That’s what I’m going to answer today. I’m Aaron Hall, an attorney in Minnesota. Quite simply, […]
Continue readingCan I Sell My Chair Rental Salon – Is It Worth Anything?
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 business and renting chairs? Video Transcript Can I sell my chair rental salon – Is it […]
Continue readingAm I Personally Liable If My LLC Breached a Lease Agreement?
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 has no resources? Have you signed a personal guarantee? Video Transcript Am I personally liable if my LLC breached […]
Continue readingHow to Get Paid
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 payment terms with someone? Video Transcript I’m Aaron Hall, an attorney in Minneapolis, Minnesota. Have you […]
Continue readingWhat Money Do You Pay Taxes On When Selling Products?
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 in taxes? Video Transcript What money do you pay taxes on when you’re selling a product? […]
Continue readingIf My Business Fails and I File Bankruptcy, How Will It Affect My Credit?
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 for bankruptcy? What is a personal guarantee? Video Transcript If my business fails and I file bankruptcy, how will that […]
Continue readingWhat Are the Tax Advantages of Having a Business vs. Running an Operation as an Individual?
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 you operate out of my own name? What are the tax advantages and disadvantages? What do you pay […]
Continue readingBusiness Owners Tips for Tracking Income & Expenses For Taxes
In this video, you get answers to these questions: What is the best way for business owners to keep track of the companies income for tax purposes? How can you keep it simple when tracking expenses? What do you need to keep for IRS purposes? What are the four categories you need to track? What […]
Continue readingTaxes on Shipping and Handling
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 deduct? What do you pay income tax on? Video Transcript As a business owner, do you […]
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