Last week, we discussed certain things to consider when selling or purchasing a business. Today’s article continues that discussion, specifically, preparing your business for sale or expansion. Is now the time to sell your business? Or is it time for you to expand your business? Or do you stand pat? Regardless of the answer, one… Read More
The Importance of Having Business Continuation & Succession Plans
As a business owner you do your best to plan for everything that can adversely affect your business. You make sure to hire the right people, you only do business with trusted partners, and you position your business to outperform the competition. You work hard because that’s what brings success in the long term. But… Read More
Drug & Alcohol Testing
Have you ever suspected one of your employees of coming into work drunk or high? Have you ever attempted to handle the situation on your own based on what you thought was reasonable? Did you take action without consulting an attorney or the Minnesota law that governs alcohol and drug testing? If the answer is… Read More
COVID-19: Phase 3 – Stay Safe MN – Effective Wednesday
Governor Walz recently announced the implementation of Phase III under Minnesota’s Stay Safe Plan, which will be effective Wednesday, June 10th, 2020. Some of the highlights include:1. Limited indoor dining for restaurants;2. Increased capacity at restaurants, bars, salons, tattoo shops and barbershops;3. Up to 25 people can now gather outdoors, with 10 still the limit… Read More
Social Media Use by Employees
Facebook. Twitter. Instagram. Youtube. It is likely that you, your children, your friends or your employees have “posted”, “tweeted”, “liked”, “commented” or “uploaded” at some point this year. Although social media can be a fun and convenient way to interact with others, you should consider the following questions: (1) Should I fire my employees for… Read More