ALLEN HAUGRUD

BUSINESS LAW:

When starting a new business or non-profit organization there are many important decisions to make. While there is no single source for all filing requirements, the following steps have been developed to assist you in starting your business.

 Step 1: There are many resources available over the internet to assist you in the initial planning stages of starting a business or non-profit organization, to come up with a business plan, financing, and related issues.

 Step 2: Choose a business structure. Select a business entity type from the following list for a brief overview of the principal types of legal business structures available in Minnesota. You may wish to consult with an attorney or accountant before making a determination as to the type of business entity to form.

         Assumed Names/Sole Proprietorships

        Minnesota Business Corporations

        Minnesota Nonprofit Corporations

        Foreign Corporations

        Limited Liability Companies

        Limited Liability Partnership

        Limited Partnerships

 The choice of business structure should be considered with your accountant, as he or she may prefer one over another.

 Step 3: After filing with the Secretary of State’s office, there are additional steps needed. This may include a license in order to operate and/or a tax ID number.

 I can help you with the initial steps in forming you business, and maintaining the necessary records so your business structure continues to be recognized.  Contact me today.  

 

Business law includes:  Incorporate; LLC; Business Formation; Partnerships; Contracts; Mergers; Employee Benefits; ERISA; 501(c)(3); 501(c)(4); Non-profit; Corporate Formalities; Registration; Foreign Corporation; Assumed Names; Corporate Minutes; UCC Filings and Compliance; Mechanics Liens; Banking Disputes; Employer ID Number; State Tax ID; Stocks; Member Control Agreement; Bylaws; Articles of Incorporation; Articles of Organization; Operating Agreement; Buy/Sell Agreement.

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