Business Law

When you form your business, the legal structure you select impacts many aspects of your organization, from taxation to liability. As regulations can vary among different states, it is important for you to understand how business structures work in Minnesota. In...

Establishing relationships with business partners is crucial to the growth of your company. A solid written contract can make a significant difference in these relationships and ensure that the partnership serves your best interests. When negotiating a business...

Intellectual property refers to a product of the mind. You can create intellectual property as an individual or on behalf of your business. You can also hire someone else to create intellectual property for you with the agreement that you retain the rights. There are...

A business’s trade secrets could help keep its products and services competitive. Although trade secrets may not qualify for legal protection on their own, businesses may take steps to preserve them. As noted by the United States Patent and Trademark Office, unlike a...

An estate plan carries out your end-of-life wishes and ensures that you provide for your loved ones after your pass. Similarly, a succession plan provides for the future of your business when you are ready to retire or if something unexpected happens to you. You may...

You know you could take your business to the next level by merging with another company, but you cannot help but feel a bit uneasy about your first merger. How do you put your concerns to rest? Chron provides tips for making it through a business merger intact....

Business seller financing can offer several different conveniences for both the buyer and the seller. Business.com reports that this type of financing removes third-party interests and allows both parties to communicate directly. While seller financing can streamline...

An unexpected illness or injury may cause a business partner’s sudden exit. Without a backup plan, you could find yourself running the business on your own. Absent a partner’s vital skills, your customers may search for another provider. In some cases, when a partner...

Intellectual property gives significant value to your Minnesota business so long as it stays safe. If lackluster protection results in IP making its way into the wrong hands, the outcome could jeopardize your company's success. Knowing how to safeguard IP can help you...

It is a good idea to prepare yourself for the day when you will no longer be able to or want to run your business. It is never too early to do this. You can make a business exit strategy when you are first opening the business. Having a business exit strategy lets you...