Business Law

Blog Posts About Business Law

Small business owner in his bike shop fixing a motorcycle.

What Is UCC & Why Is It Important?

Whether you’re new to owning a business, or you’ve operated your own company for decades, it seems that every city, county, and state has its own set of laws governing how to conduct business. While…

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Why Hire a Contract Drafting Attorney?

Every small business will face legal concerns. Whether you need an expert to review new contract agreements and permits, or require legal counsel to assist with supplier or vendor disputes, it’s important to protect your…

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Three business owners talking in building about setting up a buy sell agreement.

Basics of Buy and Sell Agreement

Though we can’t predict the future, we can do our best to plan and prepare for life’s many curveballs. This is especially important if you run a small business. What’s more, if you “co-own” a…

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Two business partners shaking hands.

Tips for Ending a Business Partnership

As with any relationship, starting a small business with someone can be an exciting new venture. However, the financial strain of daily operations combined with strong egos can easily turn any good relationship sour over…

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Female business owner handing cup of coffee to female customer.

LLC vs. DBA: Which Is Right for Me?

Anyone who has taken an “Intro to Business” course has heard about the different types of business structures available to entrepreneurs. The two most commonly asked about are Limited Liability Company (LLC) and “Doing Business…

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Female part-time employee holding Christmas stocking at store.

Do Part-Time Workers Receive Holiday Pay?

With the holiday season now in full swing, many small business owners may wonder about holiday pay, overtime, and paid time off. Below, we’ll discuss part-time workers specifically, and what they may be entitled to…

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Two holiday workers cutting wrapping paper to wrap store items.

Are Holiday Workers Legally Entitled to Overtime Pay?

With November upon us, it is officially “go time” for retail stores—as Black Friday deals begin. Despite an increase in eCommerce and supply chain disruptions, the National Retail Federation’s (NRF) Chief Economist Jack Kleinhenz predicts…

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A female business owner sitting in fashion studio.

Top Small Business Legal Concerns

Being a small business owner is full of both rewards and challenges. Along with the achievements of pursuing your passion and being your own boss, there are also the headaches surrounding licenses, federal and state…

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Should I Hire a Business Lawyer When I’m Ready to Sell?

Selling a business can be a stressful process—and it requires negotiation, contract drafting, organization of financial documents, and so on. Below, we’ll help you break down the basic steps of selling a business and why…

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What Is Business Law?

Though a broad term, business law is responsible for regulating commercial entities and their commercial transactions—covering the rights and conduct of those involved in commerce, trade, and sales. Whether you’re a global enterprise or a…

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Why Hire a Construction Lawyer?

Planning residential or commercial construction? Whether this is your first time or you’re a seasoned builder, having access to a professional construction lawyer is more than a value add to your company; it’s a necessity….

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Difference Between Trial Court and Appellate Court

Difference Between Trial Court and Appellate Court: What You Need to Know

Need to settle a dispute in court? Whether you require professional representation for a business disagreement or a complex dissolution, here is what you need to know about the differences between trial court and appellate…

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How Much Does a Business Lawyer Cost?

How Much Does a Business Lawyer Cost?

Any business owner will tell you the importance of consulting with a business attorney, especially if you run into a legal dispute with a client, customer, or former employee that could potentially put your company…

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types of business law

What Are the Different Types of Business Law?

If you already own a business or you’re thinking of becoming a business owner, you may wonder how the different types of business law can impact the future success of your company. In the broader…

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Are Legal Fees Tax Deductible for Your Small Business?

Are Legal Fees Tax Deductible for Your Small Business?

With the new year behind us, you may find yourself with questions about filing taxes for your small business. Working with a tax expert can help you understand which deductions you qualify for, but to…

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Do You Need a Lawyer for a Business Partnership?

Do You Need a Lawyer for a Business Partnership?

If you’re looking to launch a new business in 2020, you may find it more profitable to partner with another entrepreneur for added financial support, shared responsibilities, experience, and other mutual benefits. Before signing any…

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The Process of Contract Arbitration

The Process of Contract Arbitration

If you’ve ever signed an employment contract, business agreement, or even a credit card application, you may have come across the word arbitration. Arbitration is a process that involves taking a disagreement before an impartial…

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Retail Owner in Shop

Why Your Small Business Needs a Lawyer During the Holidays?

The holiday season is quickly approaching, and if you’re a small business owner, that means busier workdays, larger crowds, and hiring seasonal employees just to keep up with demand! As you take on more workers—whether…

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professional business woman smiling

Is It Legal to Change a Contract After Signing?

For business owners and individuals alike, contracts are often considered rigid, consequence-imposing agreements that require stringent compliance. Though this outlook is not necessarily wrong, it lacks the nuance that comes with contract law. For example,…

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notebook and pen on table

What Are the Top 3 Elements of a Breach of Contract Claim?

Contracts regulate what you do every day. From the simple task of purchasing groceries at your local market to the more complex undertaking of purchasing a new home, you engage with contracts on a daily…

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woman signing a business contract

How Do I Find a Good Contract Attorney?

A contract is a legally binding agreement, which can be in writing or oral. You’ve engaged with these types of documents in your everyday life, whether or not you’ve known it. From the simplest transaction…

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Obtaining a Handyman License in Minnesota

Remodeling a Home? What You Need to Know About Obtaining a Handyman License in Minnesota

You’re a self-sufficient person—especially around the house. Something breaks and you’re able to fix it, whether it’s the plumbing, electricity, carpentry, or masonry. Maybe you’re the first one your friends or family call when something…

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Understanding the Basics of Collaborative Law

Understanding the Basics of Collaborative Law

Choosing to file for divorce is never an easy decision. It can be stressful and emotionally exhausting. This can be due to a variety of reasons, but once the decision is made, the next step…

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Construction contract agreement

Modifying a Construction Contract Part II: Change Order Initiation

In last week’s blog post, we discussed certain instances that may require your construction project to implement a change order to the original scope of work. As noted, when a change needs to be made…

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construction contracts

How to Effectively Modify a Construction Contract’s Scope of Work: Part I

Making modifications during a construction project comes with the territory. Your clients may request additions, or you may need to make changes due to unexpected issues. Whether you or the customer initiates a change, it’s…

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Small business owner writing in notebook

Is Your Small Business’ Intellectual Property Protected?

Every small business is unique. Whether you sell web design and development, women’s sport apparel, cookbooks, or wedding photography, your brand has its own original identity. But what are you doing to protect the assets…

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Independent contractor working on laptop and sitting on sofa

Independent Contractor Tips to Help You Avoid “Rookie” Mistakes

Working in the “gig economy” has its benefits. As an independent contractor, you get to do what you love on your own terms and schedule. Of course, there are certain drawbacks to consider before starting…

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A business owner needs a small business lawyer

Top 5 Qualities to Look for in a Small Business Lawyer

In honor of this year’s annual celebration of Small Business Saturday, we at KTF Law Firm wanted to share some important qualities that every entrepreneur should look for when choosing a small business lawyer. Industry…

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Employment law for small business owners

Expanding Your Small Business? How Employment Law Affects You

Whether you’re starting a small business or expanding your current team of employees, it’s important that you understand employment law and how it may impact your employer-employee relationships. From promoting a safe, equal opportunity work…

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Enjoy Tailored Legal Representation

Four Things to Ask Your Lawyer Before Starting a Business

Here at KTF Law, we work with entrepreneurs and business owners every. From working to launch a new business to helping established companies grow, our team of Minneapolis business lawyers takes pride in helping business…

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Zoning Laws, Design Approval, Business Lending… Oh My!

Breaking ground on a commercial construction process is a long process. While there is quite a bit of pomp and circumstance around the groundbreaking, getting the first shovel to hit the dirt can take years….

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Small business attorneys, small business lawyers, minneapolis law firm

Hiring a Small Business Attorney? Ask These Questions First

For entrepreneurs starting their first business, the legal world can be an overwhelming mess. The mountains of paperwork to file, standards to meet, and books to keep can leave you wondering where to begin. Typically,…

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Minneapolis attorneys

A Quick Lesson in Legal Jargon From a Law Firm

Have you ever read through iTunes’ User Agreement and thought to yourself, what the heck does this all mean? Well you are not alone. Here at KTF Law, we’ll be the first to admit that…

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Breaches of Contract: The Four Types and What You Need to Know

Contracts are a vital part of our world today and without them it is unlikely that businesses (or society for that matter) could function like they do today. Unfortunately, these contracts are often broken and…

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