By Robert S. Halagan, Halagan Law Firm, Ltd.
One of the most difficult challenges a business owner can face is when things go wrong with another partner/owner and a separation becomes necessary.  Here is a checklist of the preliminary things I would look for as either your attorney or as a mediator/business counselor looking to structure [...]

{ Comments on this entry are closed }

BE ON YOUR GUARD FOR SLIPS AND FALLS ALL WINTER LONG

by HLF Editor on February 12, 2018

By Gary Sorenson, CEA, CLCS, PLCS, President, Insurance Brokers of Minnesota
People in Minnesota don’t have the luxury of staying inside when the temperature drops below zero or there’s a foot of fresh-fallen snow on the ground. It’s easy to get develop a routine – bundle up in your parka, boots, hat, gloves and scarf before [...]

{ Comments on this entry are closed }

STUDY: EMPLOYEES ARE FINANCIALLY STRESSED AND WHAT IT MEANS TO YOUR BUSINESS

February 12, 2018

By Mark Hegstrom, Managing Partner, Waterfront Financial Group

I read in the paper today (Star Tribune, 1/1/2018: “Helping workers solve money angst”) some amazing figures.  According to the surveys that were cited, there are a considerable number – a third – of employees who feel uncertainty about money.  These folks think we will be going [...]

Read the full article →

STOP LEAVING MONEY ON THE TABLE

February 12, 2018

By Gayle Noakes, Gayle Noakes Consulting, LLC

When small businesses are growing and expanding we, as small business owners, sometimes can feel “out of control”.
-        Did I follow-up on all the leads I received last week?
-        Did I have the key information to build a solid relationship with my new prospect?
-        Did I send a “Thank [...]

Read the full article →

MANAGING RELATIONSHIPS IN A TIME OF DISCORD

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 [...]

Read the full article →

LOOKING TO GROW YOUR BUSINESS? EOS CAN HELP

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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, [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →