Minnesota entrepreneurs may want to learn about the potential benefits of preparing a six-year business plan. This perspective extends far beyond the two or three years that the conventional business plan addresses. Instead of just considering the short-term needs of the company, the six-year plan provides business leaders and investors with more insight into the...

Minnesota investors may be interested to learn that while real estate prices are going up in certain cities, other parts of the country are showing much slower growth. While residential properties are quickly becoming unaffordable for many people in so-called gateway cities such as New York and San Francisco, this is not the picture everywhere....

Some people go into business so that they can have a legacy to pass on to their family. Many others are interested in creating a form of income to take them to retirement, at which point they will sell their business to boost their retirement funds. Whatever someone intends to do, it is important that...

According to media reports, the worldwide commercial real estate market is so hot that industry analysts are fearful it could lead to a bubble. The conditions, which are similar to those that tanked the real estate market in the mid-2000s, could impact investors in Minnesota and nationwide. Real Capital Analytics reports that U.S. transaction values for the...

In Minnesota, if a divorcing party is able to prove that property is that individual’s “non-marital” property (i.e., was brought into the marriage or was a gift or inheritance to one but not both of the parties), that property is typically not subject to division in the divorce and will be awarded to the individual...

Minnesota fans of Italian food might be interested in learning that the owner of the Olive Garden and Longhorn Steakhouse restaurant chains has announced plans to pay off $1 billion in debt. On June 23, parent company Darden Restaurants said that it would move 430 restaurants into a real estate investment trust as a strategy...

A lawsuit that was filed in Minnesota on April 10 alleges that the CEO of Life Time Fitness is working with a consortium to purchase the company that he owns. The business litigation involves allegations that the CEO of Life Time Fitness has a conflict of interest by owning shares in both Life Time Fitness...