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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.

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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

Employment Agreements-When Do You Need One?

By Bob Halagan, Halagan Law Firm, LTD.

The starting point for an employment relationship in Minnesota is “at-will,” meaning that an employer is free to terminate an employment relationship at any time for any reason (as long as it’s not an unlawful reason) and an employee is free to quit their job and go to work elsewhere, at any time and for…

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Long Term Care Insurance

By Gary Sorenson, Insurance Brokers of Minnesota

Rising life expectancy means that the potential need for “long term care” grows with every passing year of your life. The likelihood is that you or a member of your family will need long term assistance due to a prolonged illness, a disability, or general deterioration of your health and ability to perform routine daily…

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Chapter 3: Why Patent

By Michael Sherrill, Sherrill Law Offices

Most business owners are well aware that a United States utility patent is an expensive proposition, costing anywhere from $10,000 to $20,000 per invention with no promise or guarantee that a patent will issue on the invention.  However, in many fields, it is virtually impossible to start and maintain a competitive business without them. The…

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Profit per What?

By Kelli Hoskins, Master Business Coach

If the ultimate goal of any business is to make money, why is it that so many businesses are not profitable?  The No. 1 reason in my opinion is because the person running the business does not focus on profitability.  From what I have observed time and time again, they focus on everything but profitability. …

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Cost of Materials…There is No Such Thing

By Kelli Hoskins, Master Business Coach

Clearly, when we or our clients purchase goods, raw materials or services, there is a price to pay. Any business will buy commodities such as electricity, gas, paper. Whilst there is a value applied to all of these products that we call a cost of Materials or Commodity Costs, there is really no such thing.…

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Chapter 2: What is Patentable

By Michael Sherrill, Sherrill Law Offices

The United States allows inventors to patent “anything under the sun made by man that is useful, novel, and non-obvious.” Made by Man Patent protection can be secured only for subject matter that involves the hand of man.  Discovery of something that exists in nature – while perhaps an important and valuable discovery – cannot…

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How to Tell If You are Driven by FEAR or PASSION

By Kelli Hoskins, Master Business Coach

Many business owners feel busy… however are your busy days, weeks and months giving you the results you hoped for when you started your business? Whether you are driving your business or your business is driving you comes down to one question – are your decisions and actions driven by fear or are they driven…

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Getting Your Business Ready for Sale

By Bob Halagan, Halagan Law Firm, LTD.

As we crawl out of the wreckage of this last recession and look around, we can see the world will in fact survive.  While we have lost many businesses in our communities in the past two years, the survivors are likely to have significant opportunities as our economy recovers.  If you are one of the…

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Why You Have All the MONEY You Can HANDLE

By Kelli Hoskins, Master Business Coach

How much money do you have?  If you are like most business owners I speak with, probably not as much as you would like to have.  What if I told you that at any point in your life, all the money you have is all the money you can handle and the reason you don’t…

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