The Business Mentoring Center
The Business Mentoring Center

Corporate Cranium Mentor Articles

Five Reasons to Establish a Revocable Trust

By Stacey Edwards Jones | April 25, 2019

Plan for Disability. Unlike a Will, a Revocable Trust allows you to plan for incapacity. This can be especially useful for small business owners. A trust is an effective way to ensure that the grantor’s assets will be used for his or her benefit in the event he or she becomes incapable of managing his or her own affairs. Enjoy Flexibility. A Revocable Trust is a flexible instrument that can be changed as the grantor’s estate planning needs change. The grantor can freely add or remove property during his or...

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Pro Tips on Managing Your Social Media Content

By Suzie Meier / April 25, 2019

You know social media is an important component to your business, but creating and posting fresh material on a regular business seems overwhelming. If you often find yourself struggling to find a new way to discuss the same old thing, you’re not alone. Here are a few tips from our experts to help you increase…

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Five Reasons to Establish a Revocable Trust

By Stacey Edwards Jones / April 25, 2019

Plan for Disability. Unlike a Will, a Revocable Trust allows you to plan for incapacity. This can be especially useful for small business owners. A trust is an effective way to ensure that the grantor’s assets will be used for his or her benefit in the event he or she becomes incapable of managing his…

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Choosing a Retirement Plan that Fits Your Business

By Mark Hegstrom, Waterfront Financial Group / April 25, 2019

One survey found that 79% of small business owners expect at least some of their retirement income to come from tax-advantaged retirement savings accounts.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, here are some things to consider.…

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Does Your Business Need a Mediator?

By Bob Halagan, Halagan Law Firm, LTD. / March 18, 2019

One of the most difficult challenges a business owner can face is divorce; not from his or her spouse but from a business partner.  Sometimes that business partnership that looked so promising when you started out turns sour and you find yourself simply unable to continue to work with the person who is a part-owner…

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How Do You Know if Mediation “Worked?”

By Bob Halagan, Halagan Law Firm, LTD. / March 18, 2019

One of the challenges of mediation is the uncertainty that comes with having to deal with any unpleasant confrontation.  Parties and sometimes their lawyers get caught up in the emotions inherent in litigation conflict and frequently leave mediation, with or without a deal, feeling unsatisfied.  So, what make for a “successful” mediation regardless of the…

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How to be Ready for Mediation

By Bob Halagan, Halagan Law Firm, LTD. / January 28, 2019

Non-lawyers are often not certain what to expect when going into a mediation process.  If they are new to mediation, they often worry most about “telling their story” as opposed to making a deal that works for them.  Mediation is typically triggered when a lawsuit has been started or is being threatened and so the…

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Lead Meetings People WANT to Attend

By Gayle Noakes / January 28, 2019

Is this possible? Can there be meetings people actually WANT to attend? Yes, there can! I have led many of them. There are simple but powerful factors that make meetings effective. In this article, I would like to focus on just one: The Meeting Outline. The Meeting Outline is a simple but critical component to…

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Important WordPress Website Functionality Updates are Coming in 2019

By Suzie Meier / January 28, 2019

If your business has a WordPress website, you may have heard rumblings of some upcoming enhancements on the horizon. And if you haven’t heard anything yet, all the more reason to read on! Here at Red Technologies, we appreciate the opportunity to serve businesses and innovate online. We are grateful for our clients’ trust, and…

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Hiring Mistakes and What to Do About Them

By Sharon Berglund | Bergland HR Consulting / January 28, 2019

Any leader that has hired more than ten people has made at least one hiring mistake. The problem is compounded in a small business because of the impact each employee has on your success. One of the most common concerns I hear from leaders is that the person they hired is technically sound but they…

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Make Estate Settlement Easier for Loved Ones

By Stacey Edwards Jones / January 28, 2019

There are essentially two avenues the estate settlement process can take: through the probate process (if the decedent had a will, or no will, and the decedent’s probate assets totaled $75,000 or more) or through private trust administration (if the decedent had a revocable living trust). LOCATE THE DOCUMENTS If the decedent left a will,…

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What is Your Business Worth?

By Bob Halagan, Halagan Law Firm, LTD. / November 1, 2018

A common question for business owners when they start to ponder their exit strategy is how to figure out what their business is worth.  Valuation experts like the Corporate Cranium’s Roben Hunter can give you an expert assessment based upon professionally accepted valuation methodologies.  Roben will assess value based upon multiple factors including past performance,…

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How to Navigate Workplace Relationships in the #MeToo Era: Practical Advice for Business Owners/Leaders

By Sharon Berglund | Bergland HR Consulting / November 1, 2018

Not since the days of the Clarence Thomas/Anita Hill hearings has there been so much talk about sexual assault and sexual harassment. Just about everyone has an opinion about the Christine Blasey Ford/Brent Kavanaugh hearings and Justice Kavanaugh’s recent confirmation into the Supreme Court. To complicate matters further, divisiveness in our Country is worse than…

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Video is the Future

By Suzie Meier / November 1, 2018

How many videos have you watched online today? 2? 20?! Chances are your day is packed with video viewership; from online ads to educational content, clips from family and friends to your favorite forms of entertainment. Need to fix a faucet? Want to try a new makeup application? Looking for some cute puppies to boost…

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Secrets of Success

By Gayle Noakes / November 1, 2018

Successfully managing and growing a small or mid-sized company is a challenge. Pat Boulay, the President / CEO of New Business Minnesota, recently wrote an article sharing the “Secrets of Success” as experienced by Juan Ramirez, the founder of ZoomingSales CRM and a number of other businesses. I work closely with Juan, as the Senior…

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Real Estate – Ask the Experts!

By BruceMcAlpin / November 1, 2018

Why does it seem like some people are always making money on their real estate transactions while you or others like you are not? It’s our goal to help readers better grasp what type of market conditions, locations, timing, property types and improvements are needed or necessary to make the highest and best returns for you, the seller! As…

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Piercing the Corporate Veil

By Stacey Edwards Jones / November 1, 2018

Many small business owners, including farmers, organize and operate their businesses through separate legal entities such as limited liability companies or corporations. Business owners incorporate for a variety of reasons including management, liability protection benefits and self-employment tax savings. But business owners must exercise caution to demonstrate that they, as business owners, and the entity do…

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What to Look For in the Next Contract That You Sign

By Bob Halagan, Halagan Law Firm, LTD. / August 6, 2018

Ok, so you are about to sign a contract with a new customer and they send you a ten-page contract to sign before you can start work; what do you look for in that contract?  While it’s a good idea to have complex contracts reviewed by an experienced attorney, there are some basics you can…

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Growing Profitability for Your Business Through Employee Engagement

By Sharon Berglund | Bergland HR Consulting / August 6, 2018

If you own or manage a business it is no secret that there is a war for talent. With McDonalds paying upwards of $15 per hour for entry-level high school students it is a major challenge to recruit high quality employees. High employee engagement is the solution. While serving in my former role as the…

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How Google Chrome’s Browser Changes Will Impact Your Website

By Suzie Meier / August 6, 2018

You may have heard rumblings about the upcoming Google Chrome 68 changes.  For months, Google has been warning users that all websites will need to have SSL Certification for their Chrome browser, or be forever doomed, “NOT SECURE”.  This update, slated for July 2018, has been in the works for years in an effort to…

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Where Will Your Retirement Money Come From?

By Mark Hegstrom, Waterfront Financial Group / August 6, 2018

Tip: Retiring Older. One survey found 22% of baby boomers have found it difficult to pay mortgages or rent and have postponed plans to retire. Source: Insured Retirement Institute, 2018 For many people, retirement income may come from a variety of sources. Here’s a quick review of the six main sources: Social Security Social Security is the government-administered…

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