Whether you are adding onto a current building or starting from scratch, construction can be an exciting and frustrating time for your business. You are dependent on the construction company to support your business and help you achieve your goals. Unfortunately,...
Minnesota Law Blog
Are oral agreements enforceable?
Negotiating a deal can be more of an art than a science. There are times when you are having a casual conversation with another business owner when the subject turns to how your companies can work together. You may realize that it is easier to enforce an agreement...
When do I need an arbitration clause?
Alternative dispute resolution can save your company time and money by resolving conflicts privately. When you include an arbitration clause in your contracts, it allows you to have more control over the process (though not necessarily the underlying dispute). There...
What are the risks of an arbitration clause?
Many people make your business successful. Part of your success hinges on everyone holding up their end of the agreements you make together. Part of drafting a contract is creating a plan for what each party will do if there is a dispute. Arbitration clauses are a...
Are my trade secrets safe?
Employees can be one of the greatest assets of a business, helping a business grow and providing support in a variety of areas. Unfortunately, employees can also become a liability when they leave. One liability that may arise occurs when an employee leaves their...
When you should consider an LLC for your new business
Watching your new business’s growth is an exciting time. As you notice the demand grow for your goods and services, you may start to think about what steps you should take towards making sure your business has the proper legal structure. With several options to choose...
When is it time to sell my business?
Just as exciting as building a business can be the day you decide to sell. Whether it is because you are making a career transition or because someone made an unsolicited offer you simply cannot refuse, selling your business can be beneficial for you and your...
Avoid forming an accidental partnership
All businesses depend on networking. In the beginning, your business network and your social circle may have a significant amount of overlap. As you launch your business, you may have people by your side who contribute to your business’s success. Although you...
The right fit for a commercial lease
Finding the right space to operate your business is crucial. It can affect everything from your monthly costs to the image you present to employees, customers and clients. With so much dependent on where you open or move your business, any disruption in your space can...
Minnesota increasing efforts to fight wage theft
Allegations of wage theft are serious, and employers accused of such actions may face harsh consequences. This is especially true for employers here in Minnesota, one of only two states where wage theft can be a felony. The laws and enforcement efforts combating wage...