MANAGING RELATIONSHIPS IN A TIME OF DISCORD

by HLF Editor on August 28, 2017

By Robert S. Halagan, Halagan Law Firm, Ltd.
There is so much noise in the air these days about all the things that separate people, the things that make us different and isolate us from one another. Everyone seems focused on their individual concerns without a commitment to the greater good. Managing employees, shareholders and business [...]

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LOOKING TO GROW YOUR BUSINESS? EOS CAN HELP

by HLF Editor on August 28, 2017

By Gayle Noakes, Gayle Noakes Consulting, LLC

Are roadblocks getting in the way of your business goals? Are there underlying issues to solve before you can move forward as an organization and experience the growth you know is possible? I’d like to tell you about a way to remove those roadblocks and move forward with your [...]

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NEW MINNESOTA LLC ACT

August 28, 2017

By Roben D. Hunter, JD, CPA, CVA, MAFF, Hunter Advisors, PLLC
Effective January 1, 2018, all active limited liability companies organized under Chapter 322B of the Minnesota Statutes (the Old Act) will become subject to and governed by Chapter 322C of the MN Statutes  (the New Act)– this occurs automatically with no action by the members [...]

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WHY RETIREMENT READINESS IS NOT JUST A CATCH-PHRASE

August 28, 2017

By Mark Hegstrom, Managing Partner, Waterfront Financial Group

Many employees are confused about retirement and are unprepared to retire on time.  According to the National Institute on Retirement Security (March 2015), 45% of working-age households do not have a retirement account of any kind (e.g. IRA or 401(k)), and the average working-household has virtually no [...]

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CHANGES TO MINNESOTA ESTATE TAX FOR 2017 AND BEYOND

August 28, 2017

By Roben D. Hunter, JD, CPA, CVA, MAFF, Boeckermann Grafstrom & Mayer, LLC
The Minnesota State legislature has changed the estate tax exemption for 2017 and beyond.  The old law states that Minnesota estates that were valued at over $1.8 million dollars had to file an estate state tax return in Minnesota, with the potential payments [...]

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WHEN SHOULD YOU CHOOSE MEDIATION OR ARBITRATION?

May 22, 2017

By Robert S. Halagan, Halagan Law Firm, Ltd.
People often confuse the terms mediation and arbitration and aren’t sure which process they are using or what the difference is between the two.  A key difference between mediation and arbitration is that mediation is a voluntary negotiated settlement and arbitration is just a different form of litigation [...]

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HOW TO GET YOUR CUSTOMERS TO DO YOUR SELLING FOR YOU

May 22, 2017

By Kelli Hoskins, Master Business Coach
We all hope that if we acquire a new customer and deliver our product or services to their expectations, we have a customer for life and through ‘word of mouth’ they’ll introduce us to many more.  While this happens some of the time, it’s a very passive and re-active [...]

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9 ESSENTIAL STEPS TO IDENTITY THEFT PROTECTION

May 22, 2017

By Gary Sorenson, CEA, CLCS, PLCS, President, Insurance Brokers of Minnesota
Hi All,
I just wanted to share this blog post from “The Hartford Steam Boiler” with you on how to protect against identity theft as it’s a HUGE issue!
Your personal information is everywhere. No one can guarantee you will never be a victim of identity theft, [...]

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PURPOSE, PASSION, POWER

May 22, 2017

By Robert Sicora, Sicora Consulting, Inc.

Since the beginning of the year, I have had the opportunity to hear a variety of speakers address the topic of Purpose.
Purpose is defined as:

n – the reason for which something is done or created or for which something exists.
v [...]

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WHAT FACTORS SHOULD YOU CONSIDER IN STARTING A BUSINESS WITH A PARTNER?

February 2, 2017

By Robert S. Halagan, Halagan Law Firm, Ltd.
One of the bravest and most difficult decisions a person can make is decide to go into business for him- or herself.  The second bravest and most difficult may be the decision to go into business with a partner.   Taking on a partner in many ways is like [...]

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BUDGET FOR PROFIT

February 2, 2017

By Kelli Hoskins, Master Business Coach
Here’s why paying yourself profit is as important and easy as paying the rent…
As small business owners, most of us are familiar with the term “Budget.”  According to wiki, a budget is ‘a list of all planned expenses and revenues’ that ‘enables the actual financial operation of the business to [...]

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HOW TO SAFELY NAVIGATE ICY ROADS

February 2, 2017

By Gary Sorenson, CEA, CLCS, PLCS, President, Insurance Brokers of Minnesota
With winter weather in full swing you might encounter some snow packed and icy roads during winter season here in Minnesota. Let’s take a look at how you can keep yourself, your family and your vehicle safe when the roads become hazardous due to extreme [...]

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BETTER LATE THAN NEVER

February 2, 2017

By Roben D. Hunter, JD, CPA, CVA, MAFF, Hunter Advisors, PLLC
Governor Mark Dayton recently signed tax legislation that retroactively conforms most state corporate and personal income tax provisions to the federal changes that have been enacted since December 31, 2014.
Two provisions that did not change to the federal provisions, however, were bonus depreciation and IRC [...]

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GRATITUDE

February 2, 2017

By Robert Sicora, Sicora Consulting, Inc.
“Showing gratitude is one of the simplest yet most powerful things humans can do for each other.” -Randy Pausch
Gratitude is often underutilized, even though it is one of the easiest way to increase engagement within an organization.
Inspired by this, I have been reading up on research that speaks to what [...]

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NEW DEPARTMENT OF LABOR STANDARDS: A MINIMUM $47,476 SALARY AND THE DISAPPEARING INDEPENDENT CONTRACTOR

October 26, 2016

By Robert S. Halagan, Halagan Law Firm, Ltd.
The Department of Labor (“DOL”) has taken an aggressive approach in setting new standard for overtime exemption and determining when an independent contractor is really an employee.  Effective December 1, 2016, $47,476 is the new minimum salary required for an employee to be considered exempt from overtime requirements [...]

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