Employee Identification Number (EIN) Explained

Employee Identification Number (EIN) Explained

An employee identification number (EIN) is basically a social security number for your company, providing it with identification for taxation and financial reporting.  It is an important feature to have for your business, however it is not always required like a SSN....
Operating Agreements in Minnesota LLC Business

Operating Agreements in Minnesota LLC Business

Creating an operating agreement is an important step in the early stages of entrepreneurship because it covers everything that is significant in your business: descriptive overview, how decisions are executed, and the why.  These are not always done for start-ups,...
Is a Business Partner Right for Your Business?

Is a Business Partner Right for Your Business?

Having a business partner is a strong asset if you are an up-and-coming entrepreneur for a number of reasons: different perspectives on a plan, new skill sets, and of course, more money.  These benefits may give you a competitive advantage in your field, as well as...
Is An LLC Right For Me?

Is An LLC Right For Me?

A Limited Liability Company (LLC) is the most common type of business that is used by entrepreneurs because of the ability to have complete control over the business as well as being a certified legal entity.  This type of business organization allows for a single or...
Changes to Medical Transportation Laws Minnesota

Changes to Medical Transportation Laws Minnesota

  Beginning January 1, 2016, Special Transportation Service providers are subject to the Department of Human Services (DHS) background study requirements (Minn. Stat. §174.30, subd. 10). Beginning July 1, 2016, Nonemergency Medical Transportation (NEMT) providers...
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