PREFACE | 4 |
TABLE OF CONTENTS | 5 |
5 STEPS TO START YOUR BUSINESS IN MINNESOTA | 8 |
OPERATIONAL ACTIONS TO START A SMALL BUSINESS | 9 |
CHOOSING THE FORM OF BUSINESS ORGANIZATION | 10 |
TAX AND NON-TAX CONSIDERATIONS | 10 |
NAMING THE BUSINESS ENTITY | 42 |
FORMING A SOLE PROPRIETORSHIP | 48 |
FORMING A PARTNERSHIP | 49 |
FORMING A MINNESOTA BUSINESS CORPORATION | 53 |
FORMING A MINNESOTA LIMITED LIABILITY COMPANY | 60 |
SPECIAL TYPES OF BUSINESS ORGANIZATIONS | 65 |
FILING DOCUMENTS WITH THE OFFICE OF THE MINNESOTA SECRETARY OF STATE | 71 |
OFFICE OF THE MINNESOTA SECRETARY OF STATE FEE SCHEDULE FOR BUSINESS ENTITY FILINGS | 73 |
REGULATORY CONSIDERATIONS | 78 |
SECURITIES REGISTRATION | 78 |
FRANCHISE REGISTRATION | 86 |
EVALUATING A BUSINESS OPPORTUNITY | 88 |
BUSINESS LICENSES AND PERMITS | 91 |
ENVIRONMENTAL PROTECTION PROGRAMS | 93 |
BUSINESS COMPLIANCE CHECKLIST | 99 |
INTELLECTUAL PROPERTY PROTECTION | 101 |
BUSINESS PLAN | 102 |
ACCOUNTING FOR THE NEW BUSINESS | 106 |
BASIC ACCOUNTING PRINCIPLES | 106 |
INCOME FORECASTING TECHNIQUES | 107 |
BUSINESS GRANTS | 112 |
BUSINESS LOANS | 113 |
PUBLIC SOURCES OF FINANCING – FEDERAL PROGRAMS | 115 |
PUBLIC SOURCES OF FINANCING / TAX CREDITS – STATE PROGRAMS | 119 |
PUBLIC SOURCES OF FINANCING – LOCAL PROGRAMS | 133 |
PRIVATE SOURCES OF FUNDS | 133 |
INSURANCE | 135 |
ISSUES FOR EMPLOYERS | 138 |
WHO IS AN EMPLOYEE? | 138 |
EMPLOYMENT AGREEMENTS | 144 |
LABOR STANDARDS | 146 |
REST BREAKS AND LEAVE TIME | 167 |
EMPLOYEE TESTING AND BACKGROUND CHECKS | 174 |
EMPLOYMENT OF MINORS | 177 |
PROTECTION OF EMPLOYEES WHO REPORT VIOLATIONS OF LAW | 181 |
HUMAN RIGHTS | 183 |
IMMIGRATION LAW COMPLIANCE | 190 |
OCCUPATIONAL SAFETY AND HEALTH | 192 |
WORKERS’ COMPENSATION INSURANCE | 199 |
EMPLOYEE BENEFITS | 205 |
PLANT CLOSINGS | 207 |
POSTER REQUIREMENTS | 208 |
CHECKLIST FOR HIRING AN EMPLOYEE | 211 |
BUSINESS TAXES | 223 |
TAX IDENTIFICATION NUMBERS | 225 |
BUSINESS INCOME TAX RETURNS | 229 |
SALES AND USE TAX | 237 |
FICA TAX | 243 |
INCOME TAX WITHHOLDING | 243 |
SUCCESSOR LIABILITY FOR CERTAIN TAXES WHEN A BUSINESS OR ITS ASSETS ARE TRANSFERRED | 251 |
REVOCATION OR PREVENTION OF LICENSE ISSUANCE OR RENEWAL | 252 |
UNEMPLOYMENT INSURANCE TAXES | 252 |
FEDERAL TAX REQUIREMENTS | 260 |
STATE OF MINNESOTA TAX REQUIREMENTS | 261 |
SOURCES OF INFORMATION AND ASSISTANCE | 263 |
STATE PROGRAMS | 263 |
SMALL BUSINESS ASSISTANCE OFFICE | 263 |
SMALL BUSINESS DEVELOPMENT CENTERS (SBDCs) | 264 |
MINNESOTA TRADE OFFICE | 265 |
MINNESOTA BUSINESS FIRST STOP | 267 |
LAUNCH MINNESOTA | 267 |
VOCATIONAL REHABILITATION SERVICE | 267 |
EMPLOYMENT AND TRAINING PROGRAMS | 268 |
MINNESOTA JOB SKILLS PARTNERSHIP | 269 |
DISLOCATED WORKER PROGRAM | 270 |
MINNESOTA FEDERAL BONDING SERVICE | 270 |
UNIVERSITY OF MINNESOTA EXTENSION | 270 |
GOVERNMENT PROCUREMENT ASSISTANCE | 271 |
FEDERAL PROCUREMENT | 271 |
STATE PROCUREMENT | 275 |
LOCAL PROCUREMENT | 278 |
ACCOUNTING AND TAX ASSISTANCE | 278 |
PUBLIC ACCOUNTANTS | 278 |
ENROLLED AGENTS | 280 |
TAXPAYER EDUCATION WORKSHOPS | 280 |
LIBRARIES | 281 |
ADDITIONAL SOURCES OF ASSISTANCE | 284 |
SPECIALIZED LEGAL RESEARCH AND ASSISTANCE | 284 |
MANAGEMENT ASSISTANCE FOR MINORITY BUSINESSES | 285 |
INCUBATORS | 285 |
INVENTORS RESOURCES | 285 |
MINNESOTA STATE | 285 |
REGIONAL DEVELOPMENT COMMISSIONS | 286 |
EXPORT / IMPORT ASSISTANCE | 286 |
SCORE | 287 |
WOMEN OWNED BUSINESS ASSISTANCE | 287 |
BUSINESS CERTIFICATION | 288 |
BUSINESS SUCCESSION AND EXIT PLANNING | 288 |
RESOURCE DIRECTORY | 290 |
COOPERATIVES | 292 |
ENVIRONMENTAL | 292 |
FINANCING, FEDERAL SOURCES | 292 |
FINANCING / TAX CREDITS, STATE SOURCES | 294 |
FINANCING, LOCAL SOURCES | 296 |
FINANCING, PRIVATE SOURCES | 298 |
GOVERNMENT, FEDERAL | 299 |
GOVERNMENT, STATE | 303 |
GOVERNMENT, REGIONAL | 311 |
INSURANCE | 312 |
INVENTORS | 312 |
JOB SERVICE and JOB TRAINING | 312 |
LEGAL ASSISTANCE | 315 |
LIBRARIES | 316 |
LOCAL ASSISTANCE FOR SMALL BUSINESSES | 319 |
MANAGEMENT ASSISTANCE / MENTORS | 321 |
MANAGEMENT / BUSINESS DEVEOPMENT ASSISTANCE FOR MINORITY OWNED BUSINESSES | 323 |
PROCUREMENT / PURCHASING / CERTIFICATION / OTHER ASSISTANCE | 325 |
TAX AND ACCOUNTING ASSISTANCE | 327 |
ADDITIONAL RESOURCES | 327 |
ADA INFORMATION | 327 |
COUNTY LICENSING AGENTS | 327 |
CITY LICENSING CONTACTS | 328 |
CO-WORKING / CREATIVE / INCUBATOR SPACES | 328 |
NONPROFIT INFORMATION | 330 |
OTHER | 330 |
DIRECTORY OF LICENSES AND PERMITS | 332 |
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