Organizing Your Business
Choosing how your business will be structured is one of the first and most fundamental decisions that you will make. There are many options, each with advantages and disadvantages to weigh. Here are some basics to consider.
Choosing the Right Business Structure
Important factors to consider before you choose the legal form your business will take.
Corporation
Corporations have distinct advantages over sole proprietorships and general partnerships.
Forming a Corporation
Forming a corporation in Minnesota is dictated by state law and the process is pretty straightforward.
S and C Corporations
What’s the difference between an “S” corporation and a “C” corporation? Simple. It’s the way the businesses are taxed.
Special Types of Organizations
Spotlight on Professional Entities, Nonprofits, Cooperatives and Franchises
Filing Documents with the Secretary of State
Once you've chosen a name and a structure for your business, there may be official documents to file.