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Operating a business in Minnesota can be lucrative when everything is going as planned. However, if you're involved in a partnership, disputes can arise between you and one or more partners, making it challenging to move forward. Opening a clear line of communication...

Contractual disputes are common in business. No matter how well you plan or how carefully you draft your contracts in Minnesota, there is always a chance something will go wrong, and you could find yourself in a dispute. If you are in such a situation, here are some...

One of the best skills that any business manager possesses is the ability to avoid legal disputes. All Minnesota businesses will experience legal issues from time to time, and there are methods that truly effective managers understand and apply whenever they are faced...

Do you own a business in Minnesota? If so, you may have considered setting up a trust. A trust can be a great way to protect your business assets and ensure that your heirs receive them when you die. What is a business trust? A business trust is a legal entity that...

The United States Patent and Trademark Office passed the Trademark Modernization Act in 2020 and began implementing it in 2021. This is a new law that affects the way that Minneapolis business owners can take care of their brand. Since your brand is vital to your...

Employment contracts that include forced arbitration clauses may have detrimental effects on victims of sexual assault. This is a point on which lawmakers came to an agreement on Nov. 16, 2021, during a hearing before the House Judiciary Committee. What...

A contract is a legally binding agreement between two or more parties that sets out the terms of an arrangement. A bilateral contract is an agreement between two parties in which each party agrees to perform an act. For a bilateral contract to be valid, both parties...

If you are having problems with your contractor in Minnesota concerning the terms of your agreement, you may be wondering if it is right for you to take the matter to court or settle it out of court. Both approaches have their advantages and disadvantages. Here's a...

Joint ventures are business arrangements that are used by a lot of successful companies in Minnesota. A joint venture is an agreement between parties to work together to accomplish a predetermined task. A joint venture is different from a merger even though it...

If you are the majority shareholder of your Minnesota company, you have a lot of say over how the organization is run. For instance, you generally get the final say over what products the firm sells, who it hires for key positions, and how it will raise money....