In many of our law firm’s articles, we try to impress upon our readers the importance of completing an estate plan. We describe potential problems, conflicts and expenses that a well-drafted estate plan can help prevent and address, if necessary. For a small business owner, completing an estate... continue reading »
If you have answered the call to be your own boss and start a business, it’s important to understand the different roles a business owner plays. We sometimes describe this as ‘wearing different hats’ when owning a business. For each role, a business owner has distinct considerations and res... continue reading »
It’s sad and unfortunate that we feel that we have to write this article, but it’s important to let you know that criminals are quickly developing scams and fraud schemes to take advantage of the COVID-19 crisis.
First, find reliable sources of information and when in doubt, stop an... continue reading »
The worldwide outbreak of COVID-19 can’t be ignored or denied. It’s safe to say that most of us did not expect an outbreak to develop so quickly or the dramatic changes a pandemic brings to our communities, workplaces, and lives. As we stay home, stay away from others, and cope as best we can... continue reading »
It’s that time of year again. The holidays, of course, and also the time to complete the annual renewal for your business entity with the Minnesota Secretary of State. Annual renewals are required for corporations, limited liability companies, non-profit corporations, cooperatives, and limi... continue reading »
We regularly set up new limited liability companies and corporations for our clients. To do so, we file the Articles of Organization or Articles of Incorporation with the Minnesota Secretary of State. This filing is the official registration of the new business entity, and it creates a public rec... continue reading »
Artistic expression manifests in our personal and professional lives more than we may realize. When an artist finishes a painting, a fishing guide writes a description of her services for a brochure, or a beekeeper posts information about types of local honey on his blog, they all create original... continue reading »
If you own and operate a small business in one of our lake communities, you know the importance of name recognition. A unique business name and logo can help a business stand out and get noticed by potential customers. Picture the logo for Sea Ray boats – it looks like a stylized silver wave an... continue reading »
In recent articles for this column, we have talked about the benefits of owning a home in an Association community. We have also talked about the overall framework for the operation and governance of an Association. In today’s article, we outline the role and responsibilities of an Associationâ... continue reading »
Minnesotans start thinking about vacations this time of year. For small business owners getting away for a week or two presents some challenges, and an unexpected health event or accident presents even more challenges. Successful business owners are skilled at managing the many aspects of running... continue reading »
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