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I want to open a small business in my home. What type of business entity should I be?


By Scott Springer

Mon, Aug 27th, 2012
Posted in Preston Ask the Expert

The answer to your question is “it depends.” There are essentially three business structures that might work for you: sole proprietorship, LLC, and corporation. There are benefits and disadvantages to each. A sole proprietorship is easy to maintain and requires no state filing, but it provides you no liability protection. A corportation and LLC provide liability protection but require you to file with the Secretary of State and follow some formalities.

There are a lot of factors that play into which of these business structures is right for you, such as the current number of employees and your long and short-term plans for the company. Tax issues also affect your choice of business entity, as can insurance availability

You should talk to a CPA, an insurance agent, AND an attorney to help you decide what type of business structure is going to work best for you. Once you have had all of these conversations, your choice of entity may be much clearer.

A Landscape Design will save you $$$

By Peggi J. Redalen

Fri, Jul 27th, 2012
Posted in Rushford Ask the Expert

Planning, ingenuity and patience will help keep green in your wallet as well as your yard. Avoid costly mistakes: Really think about how you're going to use your outdoor space for the long run. Know when it is time for a change: Old, overgrown plan ..... 
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I am about to begin distributing my product through retail outlets and have developed a serires of “Point of Purchase” (POP) promotional signs. Are there any tips that will help me be more successful?

By Dan Bader

Fri, Jul 27th, 2012
Posted in Preston Ask the Expert

First, let’s look at some of the traps that often encountered; 1. People are hesitant to pick up the last 1-2 pieces of product on a shelf. 2. People are hesitant to take items from a messy shelf. 3. No one will search the store for your product ..... 
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How often should I change my fuel filter?

By Steve Majerus

Fri, Jul 27th, 2012
Posted in Rushford Ask the Expert

For high mileage vehicles, replacing the fuel filter annually for preventative maintenance is a good idea for two reasons. By the time a vehicle is six or seven years old, there can be a fair amount of rust and debris in the fuel tank. Rust can be fo ..... 
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When do I get my computer repaired?

By Corey Mattson

Fri, Jul 27th, 2012
Posted in Lanesboro Ask the Expert

Computers are part of our everyday lives. We email, Facebook, blog, surf the Web, and so much more with our computers. When they don’t work right, there can be many causes. Presently, spyware/malware/viruses are a likely cause. While there are many ..... 
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I have some family farmland and my family wants me to do a pre-nup. Aren’t I just planning for divorce?

By Jennifer Gumbel

Fri, Jul 27th, 2012
Posted in Preston Ask the Expert

No. There are a variety of reasons to enter into a pre-nup, also referred to as an ante-nuptial agreement. A hopefully more likely scenario is that you will be happily married until one of you passes away. Without proper planning, property could pass ..... 
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ADD ON OPTIONS

By Scott Brunsvold

Mon, Jun 11th, 2012
Posted in All Ask the Expert

Brunsvold Enterprises • 507-765-3642 Have you ever been shopping for a vehicle and have found what you thought was the perfect one except it might be missing one or two options? Well, this might not be a deal breaker. There are certain options t ..... 
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Q: What happens if I should die when I’m away from home, and my family wants my funeral and burial back in my hometown?

By Gary Hoff

Mon, Jun 11th, 2012
Posted in All Ask the Expert

Hoff Funeral & Cremation Service • www.hofffuneral.com A: I do get asked this question often, and it does occur on occasion. If a person dies while they are on vacation or away visi ..... 
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Now that the cotton wood trees are done shedding their seeds, it is a good time to wash out you’re A/C condenser.

By Brian Breer

Mon, Jun 11th, 2012
Posted in All Ask the Expert

Breer's Heating & A/C • 507-864-4139 or 507-450-6102 This is a radiator looking part of your unit on the outside Air Conditioner. Turn the power off to A/C and gently spray off all the debris with a water hose. This will help get rid of more hea ..... 
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