Business Law
Administrative dissolution is an action that the Minnesota Secretary of State takes when a Minnesota business does not take certain actions required by law. When a business is administratively dissolved, it ceases to exist in Minnesota. The most common scenario for an...
Business Law
4 of the most common entity types for new businesses are sole proprietorships, partnerships, limited liability companies (LLCs), and S-Corporations (S-Corps). While all these entities work well in certain situations, knowing the benefits and drawbacks of each is...
