Minnesota business owners need to have a clear understanding of concepts such as budgeting, pricing strategies and cash flow in order to succeed. Some might think that they only need a business plan if they are going to seek equity or debt financing, but this is not the case. A business plan helps a new...

Inside this issue: Legislative Update Bankers Dozen What’s NEw with TRID Using Form Loan Documents and Avoiding Common Pitfalls Read Full Newsletter

Most new commercial ventures fail within their first five years, and entrepreneurs in Minnesota and around the country are frequently warned that taking action without meticulous planning beforehand could be a recipe for disaster. However, some of the most successful business owners in America built their fortunes by ignoring words of caution and taking bold...

Commercial real estate investments have long been attractive to investors in Minnesota and around the country. Historically, only a very limited subset of the population was actually able to invest in commercial real estate because of the large buy-ins required to do so. In 2012, the JOBS Act was passed by Congress. Meant to stimulate the economy,...

It is not uncommon for an employer to receive a Garnishment Summons and Disclosure Form from a creditor of its employee. The Garnishment Summons must include the full name of the debtor and the debtor’s last known mailing address, the remaining unpaid balance of the debt owed, and the date of entry of judgment, pursuant...

One truth to both life and business is that issues will arise. While some can be planned for, others will rise up unexpectedly despite the most proactive of plans. However, including data protection as part of a comprehensive business plan may limit the disruption to both a Minnesota company and the people associated with it....

Minnesotans who either are thinking about selling commercial real estate or investing in it might be interested in learning about Morgan Stanley’s prediction for U.S. prices in 2016. According to the company, it believes that commercial real estate prices will stay flat, experiencing no growth at all this year. Morgan Stanley analysts based their prediction on...