The Business Mentoring Center
The Business Mentoring Center
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Welcome to Corporate Cranium Business Mentoring Center

Every great performer, whether an elite athlete or entertainment legend, has the need for professional coaches and advisors.

The goal of our bi-monthly newsletter is to help you find the advisors, coaches and professional support you need to maximize the performance of your business.

Find timely articles that help you navigate through the ever-changing daily grind of owning and managing a business.

Sign-up for out Bi-monthly news.

Our Goal is to support and mentor businesses in 3 key areas!

Starting Your New Business

Ask the right questions and find the right answers for issues such as entity type, financing, accounting structure, insurance, partnership, marketing and employees.

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Improving and Growing Your Business

Sales, Marketing and Advertising, Team Building and Recruitment, Systems and Business Process Development, and Customer Service.

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Selling Your Business for Maximum Value

Determine whether it is ready to be sold, its real value and an achievable selling price, as well as the potential structures for a transaction.

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Recent Mentor Articles

What to Look For in the Next Contract That You Sign

By Bob Halagan, Halagan Law Firm, LTD.

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

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

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

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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The Key to Business Success & Financial Independence is…Leverage

By Kelli Hoskins, Master Business Coach

One of the biggest keys to business success is…leverage.  John D. Rockefeller famously said “I would rather earn 1% off 100 people’s efforts than 100% of my own efforts.”  As one of the founders of Standard Oil and the richest man of his time, John D. Rockefeller had successfully mastered the game of business through…

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Study: Employees Are Financially Stressed and What it Means to your Business

By Mark Hegstrom, 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 into a recession this coming year. This is…

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Preparing Your Business for a Separation Between Partners

By Bob 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 your transition.

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Why Retirement Readiness is Not Just a Catch-Phrase

By Mark Hegstrom, 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 retirement savings – only $2,500 average – when…

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Changes to Minnesota Estate Tax for 2017 and Beyond

By Roben Hunter, Hunter Advisors, PLLC

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 to the State at an estate tax rate of 16%.  Under the…

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