Resources

Resources

  • May 20, 2016Labor & Employment

    The Veterans Preference Act

    With the drawdown of the U.S. Military, many veterans are entering the workforce. Many public employers, and some private employers, have gone out of their way to hire veterans. While most of these are highly motivated and capable employees, there are some terminations from time to time. Minnesota Statutes section 197.46, the Veterans Preference Act,...
  • May 10, 2016Labor & Employment

    What is a “Bonding Year” For the Minnesota Legislature?

    Minnesota legislators and legislatures often refer to even numbered years as “bonding” and odd years as “budgeting.” However, there is no constitutional or other legal provision requiring “bonding” vs. “budgeting” years. The informal distinction simply means that in odd years, the legislature hopes to pass a two year budget. In odd years, with the budget...
  • April 20, 2016Finance & BankingEstate Planning

    Financial Concepts for Small Business Owners

    Minnesota business owners need to have a clear understanding of concepts such as budgeting, pricing strategies and cash flow in order to succeed. Some might think that they only need a business plan if they are going to seek equity or debt financing, but this is not the case. A business plan helps a new...
  • April 7, 2016Finance & Banking

    Having a Gambler’s Outlook Could Help Entrepreneurs

    Most new commercial ventures fail within their first five years, and entrepreneurs in Minnesota and around the country are frequently warned that taking action without meticulous planning beforehand could be a recipe for disaster. However, some of the most successful business owners in America built their fortunes by ignoring words of caution and taking bold...
  • March 25, 2016Finance & BankingReal Estate, Environmental Law & Land Use

    Crowdfunding and Commercial Real Estate Investments

    Commercial real estate investments have long been attractive to investors in Minnesota and around the country. Historically, only a very limited subset of the population was actually able to invest in commercial real estate because of the large buy-ins required to do so. In 2012, the JOBS Act was passed by Congress. Meant to stimulate the economy,...
  • March 24, 2016Labor & Employment

    Garnishments

    It is not uncommon for an employer to receive a Garnishment Summons and Disclosure Form from a creditor of its employee. The Garnishment Summons must include the full name of the debtor and the debtor’s last known mailing address, the remaining unpaid balance of the debt owed, and the date of entry of judgment, pursuant...
  • March 11, 2016Agriculture Law & AgribusinessFinance & Banking

    The Importance of Data Protection for Minnesota Companies

    One truth to both life and business is that issues will arise. While some can be planned for, others will rise up unexpectedly despite the most proactive of plans. However, including data protection as part of a comprehensive business plan may limit the disruption to both a Minnesota company and the people associated with it....