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Legal Guidance For Residents Of Rice County, Minnesota

Why does location matter when investing in commercial property?

On Behalf of Jacobsen Law Firm, P.A. | Jul 22, 2024 | Real estate

Many real estate investors are likely aware of the mantra “location, location, location.” This slogan rings true when it comes to commercial real estate because location and zoning regulations go hand in hand. While investing in commercial property is generally...

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3 solutions when a commercial tenant wants to break a lease

On Behalf of Jacobsen Law Firm, P.A. | Jul 1, 2024 | Real estate

Commercial leases are usually long-term agreements between a business and a landlord. They agreed to specific terms regarding maintenance and monthly rent that may last for anywhere from two to five years, sometimes more. There is a bit of optimism involved in the...

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3 risks when turning blue-collar skills into a small business

On Behalf of Jacobsen Law Firm, P.A. | Jun 3, 2024 | Business - Employment

Discussions of entrepreneurship often center those who have experience running businesses, like executives and managers. However, there's another group of individuals who may also potentially benefit from starting their own businesses. Blue-collar professionals who...

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The FTC has announced a rule banning noncompete agreements

On Behalf of Jacobsen Law Firm, P.A. | May 1, 2024 | Business - Employment

The Federal Trade Commission (FTC) helps to regulate economic activity across the country. Policy guidelines established by the FTC can have a major impact on day-to-day business operations. Sometimes, the FTC makes aggressive policy changes to correct for certain...

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New business owners may fall victim to this copyright myth

On Behalf of Jacobsen Law Firm, P.A. | Apr 3, 2024 | Business - Employment

Protecting intellectual property is very important for businesses. Whether an organization is a small sole proprietorship where the owner publishes their own works of fiction or a plumbing company that paid a local musician to write a jingle, those intellectual...

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Mergers and acquisitions may now be subjected to more federal scrutiny

On Behalf of Jacobsen Law Firm, P.A. | Mar 5, 2024 | Business - Employment

Large business transactions can potentially be very profitable for companies and the parties invested in those organizations. A merger or acquisition could give one business access to the work of very skilled professionals or key intellectual property, like patents,...

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How do nondisclosure agreements protect businesses?

On Behalf of Jacobsen Law Firm, P.A. | Feb 2, 2024 | Business - Employment

Nondisclosure agreements (NDAs), also known as confidentiality agreements, play a vital role in the business world by safeguarding sensitive information. These legally binding contracts create a confidential relationship between parties in order to protect...

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3 instances when buying out your business partner might be smart

On Behalf of Jacobsen Law Firm, P.A. | Jan 2, 2024 | Business - Employment

When it comes to business partnerships, it’s crucial to acknowledge that there may come a time when an initial collaboration may need to be reevaluated. Business environments are constantly evolving, and sometimes, so should business partnerships. If you are in a...

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3 signs it may be time to change a business’s legal structure

On Behalf of Jacobsen Law Firm, P.A. | Dec 2, 2023 | Business - Employment

During the business formation process, the average entrepreneur spends a lot of time thinking about what structure would be best for their company. Some people want to start corporations, while others would prefer to keep the arrangements as simple as possible....

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What are mergers and acquisitions in business?

On Behalf of Jacobsen Law Firm, P.A. | Oct 30, 2023 | Business - Employment

Companies evolve, markets shift and strategies adapt to these changing factors. Businesses may respond to such change or proactively seek growth through mergers and acquisitions. Mergers and acquisitions are common business activities, yet they're often misunderstood....

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