A common story line in a lot of TV serial dramas involves family businesses. And one of the most common plot points tends to center on the fact that the designated heir to the CEO -- usually a son or daughter -- doesn't want the job. How can that be? The business has been in the family since my father's father started it 75 years ago and that child has been groomed for the position.
Five common employment mistakes that hurt Minnesota businesses
Employment lawsuits have proven devastating for many businesses in Rochester and throughout Minnesota. Watching out for these five common employment mistakes can protect your business from lawsuits and other unnecessary liabilities.
Medicare policy could lure doctors into end-of-life plan talks
As of January, Medicare allows doctors in Minnesota and the rest of the country to bill the government insurance plan for patient office visits based on end-of-life counseling. The value assigned for such visits is $86 and it covers the insured for up to 30 minutes of time.
The influence of 'reasonable' in crafting non-compete agreements
If you are an entrepreneur launching a new business in Minnesota there are a lot of issues you need to address. If the product or service you offer is unique or if you plan to leverage a proprietary way of doing things that gives you an edge, you want to protect those things.
Estate planning should include your virtual self, too
Congratulations. You have a will that covers all of your tangible assets and lays out how you want things to be distributed in the event of your eventual death. That's a step that too many people in Rochester and the rest of Minnesota fail to take. Very often what results is that loved ones are left in a lurch as to what to do. Friction builds and relationships can fracture.
What can employers do to help cancer survivor employees?
Doing business in Minnesota can be complicated. Even if you are a small operation you can face significant legal compliance issues related to local, state and federal laws. Understanding your rights and responsibilities can be a challenge, as we observed in a post last June.
