Minnesota has various laws regarding contracts. Since contracts are used on a daily basis to conduct business and protect financial assets, it's no surprise that sometimes legal disputes happen. One of the most common is an anticipatory breach of contract. What is an...
Month: March 2021
What should you address in a partnership contract?
Business partnerships in Minnesota are infamous for leading to lawsuits and contract disputes. You can't predict the future, but before you and your partner start working together, you can write an airtight contract that reduces the possibility of disputes as much as...
4 tips to help you create a successful business partnership
In life, it’s sometimes hard to take care of things by yourself. If you’re taking on too much work, it might be time to find a business partner in Minnesota. Before you choose someone to partner with, it’s helpful to learn a few tips for creating successful business...
Trade secrets and how to protect them
A trade secret is any confidential information that provides a business owner with an advantage over the competition. Examples of trade secrets include formulas, patterns, processes, and other tools used by a company that is not generally known to the public. Business...