When you have created an invention that solves a problem or provides an innovative way of doing something, one of the most rewarding outcomes is seeing your idea in use. However, getting your product into the hands of interested consumers can be one of the most...
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Month: March 2018
What do you need to ask before choosing a location?
You have your business plan, you have filled out your paperwork, filed documents, received the necessary licenses and permits, and now you are finally ready to find a building in Minnesota so you can open your doors to the public. But how do you choose...
What if there are two wills and both are revoked?
While it is common for people to procrastinate about writing a will, your loved one was more proactive. In fact, during the Minnesota probate process, more than one will has been discovered. It is evident that one of the documents is an earlier version, and the...
When growth requires capital: finding the right lender
As businesses in Minnesota grow, owners often see new opportunities arise. However, in order for you to take advantage of such an opportunity for your company, you may require capital. At & , we often advise...
5 reasons a business may face bankruptcy
When your start-up opened its doors, you felt like you had a terrific product. You felt sure the company would thrive.Fast forward three years, and you are heading toward bankruptcy. You don't understand it. You still feel like you have a great product. It just never...
What is involved in starting a private mental health practice?
As an entrepreneur in Minnesota who is also a licensed therapist, you may have advantages that other would-be business owners do not. After all, you have extensive training in a high-demand field, and you have already met the state's requirements for licensure. But...
Divorce and taking a second look at an estate plan
Sometimes, life changes in significant and unexpected ways, whether a loved one passes away or a child moves out of the home and starts a family. These changes can have a major impact on people from an emotional standpoint, but may also have financial effects, such as...
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