Starting a business is an adventure, in which the individual must brave all kinds of dangers to achieve success.
Photo credit: Mohamed Nahassi
A Minnesota-based business dispute involving Children's Hospital and Blue Cross Blue Shield made national headlines recently when the two parties could not resolve contract issues. Thankfully, the two sides reached an agreement and recently signed a new contract. A more comprehensive reporting on the dispute can be found in this Star Tribune article.
Photo cred: Agberto Guimaraes
Protecting any invention can be a wise decision for any business owner or inventor. An invention doesn't need to be a new product you plan to sell in order for it to be patentable. In fact, even if you only use the product yourself or inside your business, it can be valuable and worthy of legal protection.
No matter what type of business you operate in Minnesota, if you intend to operate out of commercial space that you don't own, you will have a lease. As a tenant, you have numerous rights. However, failing to understand those rights and how to enforce them could cause trouble for your business.
Residents across Minnesota are raising a glass and toasting to the recently repealed ban that prohibited liquor stores in the state from operating on Sundays. Business owners, on the other hand, may be less than enthused with the new law.
Starting a business is a big decision. It requires a considerable investment of your time, money and energy without any guarantee that it will all pay off. However, with this risk can come great rewards when a startup is successful.