Last week, St. Paul enacted a new minimum-wage ordinance which will take effect on December 14. The ordinance creates a minimum wage of $15/hour. However, businesses don’t have pay that wage immediately. Instead, the minimum wage will increase gradually over several years until every employer pays that wage. The ordinance is enforced by the St. Paul Department of Human Rights and Equal Economic Opportunity (the “Department”).
What are the phases and which ones apply to my business? The timing depends on how many employees you have. There are four categories:
Macro businesses: over 10,000 […]
What is OSHA and does it regulate my business?
The Occupational Safety and Health Administration (OSHA) is a federal agency responsible for ensuring workplace safety. In many states, OSHA regulates businesses directly. However, some states, including Minnesota, regulate businesses themselves. In Minnesota, most workplace safety regulation is handled by the Minnesota Occupational Safety and Health Administration (MNOSHA). The federal-level OSHA retains regulatory control over a few areas and industries.
Where do I find MNOSHA standards?
Minnesota’s Department of Labor and Industry (DLI) provides an overview of MNOSHA regulations, with links to the text of […]
Mechanics’ liens protect landscapers, construction companies, and many other businesses against the risk of nonpayment. If a landowner refuses to pay for improvements made to their property, the business can often file a lien on the property. Filing a lien frequently incentivizes payment. If the landowner still doesn’t pay after the lien is filed, the business can foreclose on the lien.
However, the Minnesota lien process is very specific, and certain mistakes can prevent you from being able to record or enforce a lien. Keep reading to avoid the following mistakes:
Not realizing that you can file a […]
If your new business has multiple owners, it is important to have proper governance documents—like a partnership agreement, operating agreement, or shareholder agreement. Typically, these documents address topics like who can make day-to-day decisions on the company’s behalf, how ownership interests can be sold or transferred, and who decides what the company does with net profits. These documents can reduce the potential for costly disputes down the road and should be drafted around the owner’s specific needs and goals. Here are some topics that you’ll be discussing when you meet with your lawyer. We […]