THE TOP 11 REASONS ACCOUNTABILITY ELUDES YOUR ORGANIZATION

October 24, 2016

By Kelli Hoskins, Master Business Coach
When I speak with business owners, one of the most frequent questions I get asked is ‘How do I get my people to do what I need them to do?’ i.e. How do I hold them accountable?  Holding others accountable, or fear of holding others accountable, is one of the [...]

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IRS PROPOSED REGULATIONS TARGET GIFT AND ESTATE TAX PLANNING STRATEGIES

October 24, 2016

By Roben D. Hunter, JD, CPA, CVA, MAFF, Hunter Advisors, PLLC
The IRS has released proposed regulations that would close so-called tax loopholes that many wealthy taxpayers have used to minimize transfer taxes (such as gift and estate taxes) when transferring interests in a closely held family business to relatives. If finalized, the regulations would significantly [...]

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8 FACTORS OF ENGAGEMENT

October 24, 2016

By Robert Sicora, Sicora Consulting, Inc.
For the past twenty years I have worked with hundreds of organization, thousands of teams, and over 500,000 employees to help create a culture of engagement.
As a result of this work I have come up with a model of engagement that takes a very actionable, sustainable, and balanced approach to [...]

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HEALTHCARE COSTS IN RETIREMENT

October 24, 2016

By Mark Hegstrom, Managing Partner, Waterfront Financial Group

American workers are split about 50/50 when asked if they are confident they will have enough money to pay for medical expenses in retirement.
In a 2015 survey, 42% of all workers reported they were “not too” or “not at all” confident they would have enough money to [...]

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MINNEAPOLIS IMPOSES REQUIREMENT ON EMPLOYERS TO PROVIDE PAID SICK LEAVE

August 1, 2016

By Robert S. Halagan, Halagan Law Firm, Ltd.
Are you an employer within the geographic boundaries of Minneapolis? If so, and you have six or more employees, you will be covered by a new Ordinance passed by the Minneapolis City Council requiring paid sick and safe time for workers who work at least eighty (80) hours [...]

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HOW BUSY BUSINESS OWNERS CAN CREATE ORDER FROM CHAOS

July 28, 2016

By Kelli Hoskins, Master Business Coach
If you are like many of the business owners I connect with, the drought has started to break and the phone is ringing again.  Finding new customers and increasing sales is no longer the main problem you face in your business.  The good news is you’re busy again.  Busy enough [...]

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CHOOSING A RETIREMENT PLAN THAT FITS YOUR BUSINESS

July 28, 2016

By Mark Hegstrom, Managing Partner, Waterfront Financial Group
One survey found that the most pressing financial concern facing 42% of small business owners is developing a retirement plan and exit strategy.¹ If you have yet to develop a retirement plan for your business, or if you’re not sure the plan you’ve chosen is the right one, [...]

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FOUR COMMERCIAL AUTO ENDORSEMENTS EVERY INSURED SHOULD CONSIDER

July 28, 2016

By Gary Sorenson, CEA, CLCS, PLCS, President, Insurance Brokers of Minnesota
Regardless of the industry or state of operation, the following four endorsements alter the availability of coverage for exposures common to most insureds:
Employees as Insureds

This endorsement closes these gaps and seeming inequities by altering the definition of “Who is an Insured” to include an employee [...]

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RECENT LAW CHANGES AFFECTING MINNESOTA ESTATE PLANS

July 28, 2016

By Kevin Lanigan, Carlson Estate Planning
In the past several years, significant changes have been made to Federal and the Minnesota tax laws which affect estate planning. The net effect of these changes has been significantly reduced or eliminated estate taxes for many Minnesotans, but has also resulted in the need for many clients to review [...]

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ENGAGEMENT SWEET SPOT

July 28, 2016

By Robert Sicora, Sicora Consulting, Inc.
Often, I get asked how you can keep the finger on the pulse of engagement in real time, and how you get to the core of engagement for people – especially millennials. This question is always very exciting, because I love exploring different questions that are asked to measure engagement [...]

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THE NEW MINNESOTA LLC ACT

October 7, 2015

By Robert S. Halagan, Halagan Law Firm, Ltd.
Effective August 1, 2015, the Minnesota Legislature adopted a new law governing Limited Liability Companies (“LLC”).  This law has the greatest impact on new LLCs but also has implications for existing LLCs and the relationship between their member/owners.  The adoption of the new law is intended to reduce [...]

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GOOD HEALTH IS GOOD BUSINESS

October 7, 2015

By Mark Hegstrom, Managing Partner, Waterfront Financial Group
Approximately 27% of payroll for U.S. employers is attributable to health and productivity costs.¹ Business owners and managers understand very well the rising cost of health care and the loss of productivity associated with absenteeism and employee disengagement.
Which is why 89% of employers surveyed by Optum, a health [...]

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AUTO INSURANCE: WHY THIS NEWS IS IMPORTANT TO YOU AS A CONSUMER!

October 7, 2015

By Gary Sorenson, CEA, CLCS, PLCS, President, Insurance Brokers of Minnesota

The auto insurance marketplace has changed. Claims frequency and the average cost of settling auto claims are rising, leading to higher loss costs and future auto insurance rates for insurance companies’ existing customers. These are industry-wide and countrywide issues, impacting all drivers. They are [...]

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THE LEADERSHIP CHALLENGE: PART III

October 7, 2015

By Sheri Stolp, SPHR, The Stolp Group, Inc.
In our prior newsletter, I referenced six of our Twelve Essential Leadership Skills.  In this edition, I will highlight the final six, rounding out the key attributes of today’s successful leader.  In total, these Twelve Skills embody the core essence of facilitative leadership.  Here at The Leadership Academy, [...]

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MINNESOTA’S NEW LLC ACT

October 7, 2015

By Roben D. Hunter, JD, CPA, CVA, MAFF, Hunter Advisors, PLLC
Minnesota’s new statute governing limited liability companies (“LLC”) became effective August 1, 2015.  All LLCs that are organized after that date will fall under the new Chapter 322C of the Minnesota Statutes (“New Act”).  What does that mean?  How does it affect the LLCs already [...]

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