As a business owner, you know which information you have that is proprietary. You know which trade secrets could harm your business if exposed, and you take steps to prevent that from happening. You may have a noncompete agreement in place with your employees right...
If you are on the verge of combining your business with another enterprise, the process will likely be complex. There will be intense negotiations regarding is the price that you pay for certain assets or the way that you will run the newly-merged business. You may...
When two businesses merge, the results may include a larger market share and a stronger brand. Some mergers are subject to intense scrutiny out of concern that it will lead to monopolization or market domination in an industry or a specific community. If your merger...
Commercial properties have been selling quickly, and some of them have gone for prices that shock buyers. If you want to open and run a business in St. Paul or the surrounding area, something you may find interesting is that the city is Minnesota’s first commercial...
Employers in Minnesota have legal obligations to their workers. They need to comply with both state and federal employment laws. Beyond that, they also have to uphold the contracts that they execute with their workers. Sometimes, people running their own businesses...
Merging with another business can be a beneficial decision. Your company could grow much more quickly through a merger than it would be through typical business development. Rather than competing with that other business, you will now pool your company's resources...
Many reasons motivate Minneapolis-St. Paul businesses to consider merging. One of the more common ones is to share resources. Most mid-size private companies specialize in a particular field or business process. It gives them a competitive edge over others in that...
When you want to open a commercial business and need a prime piece of real estate, it can sometimes be hard to acquire. You may need to go through a planning process and put your development ideas out for a vote. Take for example this case in St. Paul in which a group...
When someone steals your intellectual property or pretends to be affiliated with your brand, it hurts your company in numerous ways. For many business owners, the first thing they think of is lost sales. After all, you’ve worked hard to build up your brand and reach...
An acquisition of another business is a massive transaction for your company. Whether you simply purchasing an existing business may be one of the fastest ways to grow your own. However, there are definitely risks that come with an acquisition. Some of these risks can...
