Contractors: Remember 120-day Deadline for Claiming Mechanic’s Lien
In Minnesota, contractors who have not been paid for their work have 120 days to enforce their mechanic’s lien rights, or risk losing their ability to make a claim.
Under Section 514.08 of the Minnesota Statutes, the 120-day clock starts running from the last day ...Read More
Mechanic’s Liens – Don’t Let Your Rights Expire!
Now that Spring has sprung, contractors and subcontractors, suppliers, and other construction professionals will likely be seeing a seasonal upswing in demand for private real estate improvements and projects. Along with more work, however, comes the need to secure payment for your hard-spent labor, ...Read More
What’s an Internship Program?
Internships have been receiving special attention lately with the popular Robert Di Nero movie The Intern and a lawsuit brought against Fox Searchlight Pictures by former unpaid interns claiming compensation. Against this backdrop of entertainment and law, what is an internship? What are the ...Read More
Errors to Avoid to Build a Successful Business Online
Building credibility and offering products or services that are in demand are only two factors that make an online business successful. Many Minnesota entrepreneurs might think that success comes naturally because creating an online business is easy. In reality, success only comes with proper ...Read More
Business Planning for Longevity
Minnesota entrepreneurs may want to learn about the potential benefits of preparing a six-year business plan. This perspective extends far beyond the two or three years that the conventional business plan addresses. Instead of just considering the short-term needs of the company, the six-year ...Read More
Planning an Exit Strategy for Minnesota Business Owners
Some people go into business so that they can have a legacy to pass on to their family. Many others are interested in creating a form of income to take them to retirement, at which point they will sell their business to boost their ...Read More