What Happens to a Joint Business in a Divorce in Minnesota?
November 22nd, 2024
What Happens to a Joint Business in a Divorce in Minnesota? Divorcing couples in Minnesota who co-own a business face unique challenges as they navigate the division of marital property. A joint business is often one of the most valuable assets in a…
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What is FinCEN BOI?
November 15th, 2024
What is FinCEN? On January 1, 2024, companies are required to report information to the U.S. Government about who owns and controls the business. This rule was promulgated by Congress in 2021 through the Corporate Transparency Act. This Act was creat…
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Categories: Business
Is Cannabis Legal in Minnesota?
November 5th, 2024
Sometimes people ask, “Is weed legal in Minnesota?” Yes, cannabis (sometimes called marijuana or weed) is legal in Minnesota for both recreational and medical use as of August 1, 2023. The state passed House File 100 (HF 100), which legalized adu…
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A Comprehensive Guide to Cannabis Business License Types in Minnesota (2024)
October 23rd, 2024
Cannabis Business Licenses: The Minnesota Model Navigating the cannabis industry in Minnesota starts with selecting the right cannabis business license. Minnesota offers a variety of licenses aligned with key roles in the cannabis supply chain, inclu…
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Misclassification Law Will Transform the MN Construction Industry
May 28th, 2024
TL;DR The Employee Misclassification Law will transform the MN construction industry. The agencies involved have extraordinary powers to police it. Contractors need to be prepared to provide extensive documentation on demand to avoid potentially crus…
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Minnesota's ESST: What Business Owners Need to Know
January 25th, 2024
Starting January 1, 2024, Minnesota’s Earned Sick and Safe Time (ESST) law reshaped the landscape for employers. While navigating new policies can feel daunting, understanding ESST’s implications can empower you to proactively manage your…
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Categories: Business
FTC’s Recipe for Restaurant Ruin
January 8th, 2024
Currently, consumers have witnessed many businesses add additional costs to the subtotal such as: living wage, credit card, and large party fees. The FTC has proposed a rule that would ban these so-called “Junk Fees” fees. TL;DR Version: Who: The…
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Categories: Business
The Corporate Transparency Act: More Work For Small Businesses
December 22nd, 2023
In the seemingly endless stream of regulations and paperwork, the Corporate Transparency Act has emerged as a new mandate affecting businesses, drawing mixed reactions, especially from small enterprises grappling with increased administrative obligat…
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Business Plans
December 13th, 2023
Contributor: Jen Randolph Reise
A well-thought-out business plan will be a key part of the licensing application for Minnesota cannabis businesses.
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New Wage Theft Liability Litigation
May 25th, 2023
Very soon Governor Walz is expected to sign into law a new bill that greatly expands parties who may be held liable for wage theft. This new wage theft liability law will take effect on August 1, 2023. Changes in Wage Theft Liability A General Contra…
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Categories: Business