Starting a business involves planning, making key financial decisions and completing a series of legal activities. These easy steps can help you plan, prepare and manage your business. Click on the links below to learn more.

Step 1

Click HERE to Write a Business Plan

Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.

Step 2

Click HERE to Choose a Business Location

Get advice on how to select a customer-friendly location and comply with zoning laws.

Step 3

Click HERE to Finance Your Business

Financial assistance to help get you started.

Step 4

To Determine the Legal Structure of Your Business Click HERE

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.

Step 5

Click HERE to Register a Business Name

(“Doing Business As”) Register your business name with the State of MN.

Step 6

Get a Tax Identification Number Click HERE

Learn which tax identification number you’ll need to obtain from the IRS and your state revenue agency.

Step 7

Register for State and Local Taxes HERE

Register with the State of MN to obtain a tax identification number, workers’ compensation, unemployment and disability insurance.

Step 8

Obtain Business Licenses and Permits Click HERE

Get a list of federal, state and local licenses and permits required for your business.

Forms & Filings

When starting a new business, the Minnesota and Federal Government require that you complete a number of forms and filings for the purposes of business existence recognition, employer identification, sales and use tax collection, and business income tax collection. Depending upon the specific type of business being formed, not all forms/filings may apply to you or additional forms and filings may be required.