Mechanic’s liens are strong tools for contractors, subcontractors, suppliers and others who provide materials and labor for construction projects. They are a statutory creation that provides a path to payment for those in the construction trades. A contractor or supplier can assert a lien and ultimately force a foreclosure sale if they are not fully …
What’s in a Name?
Your business’s name is crucial. It helps customers identify the business and carries its reputation. This is true whether you invest in marketing to grow the brand or let your products and services speak for themselves. For limited liability entities such as corporations and limited liability companies, the business name serves another critical purpose—it is …
Changes to Minnesota LLCs in 2018
New Year’s resolutions are often about personal health. If you own a limited liability company, 2018 presents an opportunity to add a resolution related to the health of your business. That’s because big changes are in store for Minnesota LLCs in the coming year. Back in 2015, Minnesota adopted a new LLC act, which is …
Minnesota’s Recreational Use Statute May Limit Landowner Liability
With the winter sports season not too far away, private landowners may face the issue of whether to allow access over their property for recreational activities. While Minnesota’s recreational land use statute may assuage some fears of potential liability, a new court decision may narrow protections for landowners who allow others to recreate on their …
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Reduce Your Risk of a Data Breach
The recent security breach suffered by Equifax is a good reminder of the importance of data security. This article provides some tips for smaller businesses to have effective policies to help secure data, and how to plan for the legal issues that come from a data breach. Big hacks like Equifax’s receive a great deal …
The Benefits of an LLC Make Some Business Resolutions Easier to Keep
Exercise. Eat Right. Sleep eight hours. Read. Things many of us have resolved to do more in 2017. We may also have made resolutions for our businesses. One obvious but still often overlooked action every small business owner should consider is to establish an entity for the business, such as a limited liability company (LLC). …
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2017 Legislative Summary
The 2016 election was shocking on a national level, but has also had significant impact here in Minnesota. The Minnesota Senate flipped from being narrowly controlled by the DFL to a now one-seat Republican majority. This gave Republicans a majority in both the House and Senate, while the DFL maintained control of the Executive branch, …
Managing Your Construction Project – information for a successful project
It is construction season. Owners are planning and hiring for commercial and residential projects. There are many qualified contractors in our area who are skilled and ready to assist. How do you find them? What should be in the contract? What about warranties for the work? The following practical tips and summary of the relevant …
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