When people start businesses, they typically start with a unique product, strategy, or service. They also typically want to brand themselves from the beginning, so they might have a logo, a company name, and maybe even a tagline or jingle so that customers can recognize them easily.
Businesses have products and services to sell. To sell those things, they must market them and advertise them in a way that attracts consumers. However, it is critical to use caution in these efforts, as engaging in deceptive or unfair practices could result in a costly legal battle.
Contracts are the backbone of successful businesses. They set rules, expectations, and penalties; they define relationships and allow parties to work confidently in the pursuit of shared goals.
Parents are generally willing to make sacrifices for, and support their children. When a child is thinking about starting a business, a parent may be asked to invest. Depending on your specific circumstances, investing could be a considerable financial sacrifice, so it is crucial to think through your decision carefully.
Small business owners in Minnesota face challenges every day, from managing budgets to ensuring clients are satisfied with products and services. Unfortunately, having so much to do can leave small business owners susceptible to scammers and fraud.
Business disputes can prove to be contentious, costly, and complex, whether they stem from contract violations or lease negotiations. Rather than devote massive business resources to a lengthy trial, many business owners in Minnesota would prefer faster, more efficient ways to resolve a dispute.
Legal disputes can threaten your bottom line, image, and relationships. As such, many business owners feel inclined to take aggressive steps to resolve them through means other than involving the courts.
People who own a business have a lot invested in their company, from their own money to countless hours spent away from their families. Having so much on the line can put you on edge when someone or something threatens your investment.
Running a small business is something countless Minnesotans dream of. Many even have ideas or products that could support a new venture already. However, it can be easy to get stuck at this dreaming stage if you are unsure what to do with your ideas.
If you operate a business in Minnesota, you are likely aware of the growing popularity of the "gig economy." This phrase refers to a workforce made up increasingly of people who work for multiple employers and often work in a temporary capacity.