A Comprehensive reference and treatise, Advising Minnesota Corporations and Other Business Organizations examines thoroughly, with detailed commentary and analysis, the issues confronting a business, from initial promotion and start-up, through governance, financial distress, confrontation and litigation, to dissolution. It answers the most critical questions that arise at a board meeting, discussing internal corporation decisions, and offers advice on external legal issues including advertising, labor and employment, international trade, copyright and intellectual property, bankruptcy, and domestic relations. Written by two leading authorities and boasting over 30 contributing authors who practice variously at large full-service law firms, "in house," and in smaller specialized firms; Advising Minnesota Corporations and Other Business Organizations is a required resource and reference work for every Minnesota lawyer. Business lawyers and general counsel will find this work indispensable, and lawyers in every area of practice will use this treatise to address common problems arising in the context of the business lives of their clients. Value Package

"Official membership directory" in each volume.

A comprehensive reference, Advising Minnesota Corporations & Other Business Organizations examines exhaustively virtually all issues confronting a business, from initial promotion & start-up, through governance, financial distress, confrontation & litigation, to dissolution. This treatise answers the most critical questions that arise at a board meeting. Not only does it discuss internal corporation decisions, but it also offers advice on external legal issues involving such matters as advertising, labor & employment, international trade, copyright & intellectual property, bankruptcy, & even domestic relations. The author addresses the problems of a business entity as they arise in the life of the business. Business lawyers & general counsel will find the work indispensable, & lawyers in every area of practice will use this treatise to address common problems arising in the context of the business lives of their clients.

Forming a company involves several key steps, which can vary depending on the jurisdiction and type of business entity you want to establish. Here’s a general outline of the process: Choose a Business Structure: Decide on the legal structure that best suits your business needs: Sole Proprietorship: Simplest form, owned and operated by one person. Partnership: Business owned by two or more people. Limited Liability Company (LLC): Combines aspects of partnerships and corporations, offering liability protection. Corporation: A separate legal entity owned by shareholders. Choose a Company Name: Select a unique and meaningful name for your company that complies with legal requirements. Check availability and ensure it’s not trademarked. Register the Business: Sole Proprietorship/Partnership: Register the business name with local government authorities and obtain necessary licenses or permits. LLC/Corporation: File articles of organization (for LLC) or articles of incorporation (for corporation) with the appropriate state agency. Draft a Foundational Document: LLC: Create an operating agreement outlining ownership and operating procedures. Corporation: Draft bylaws that define the internal management structure and procedures. Obtain Licenses and Permits: Depending on your business type and location, you may need specific licenses or permits to operate legally. Research and obtain these from relevant authorities. Tax ID Number (EIN): Obtain an Employer Identification Number (EIN) from the IRS, even if you don’t have employees. This is necessary for tax purposes. Open a Business Bank Account: Separate your personal and business finances by opening a business bank account. This helps with accounting and legal liability. Comply with Regulations: Ensure compliance with local, state, and federal regulations regarding employment, taxes, health and safety standards, etc. Understand Reporting Requirements: Know your obligations for filing taxes and any required financial reports with government agencies. Consider Intellectual Property Protection: If applicable, consider trademarking your company name or logo to protect your brand. Insurance: Evaluate and obtain necessary business insurance coverage to protect against liabilities. Maintain Records: Keep accurate and up-to-date records of financial transactions, meetings (for corporations), and other important business activities. Consider Professional Advice: Depending on your needs and complexity, consult with a lawyer, accountant, or business advisor to ensure compliance and optimal business structure. Each step in forming a company requires attention to detail and compliance with legal and regulatory requirements specific to your location and business type.

If you’re a business owner, incorporation can help you protect your personal assets and cut down your tax bill. But all the paperwork and legalese can make incorporation seem like more trouble than it’s worth. Incorporating Your Business For Dummies offers all the savvy tips you need to get incorporated — starting today! Whether your business is big or small, incorporating isn’t as simple as it could be. This handy reference makes incorporation make sense, and guides you through the process step by step. From handling the mountain of paperwork to getting back to business once you’re finished, Incorporating Your Business For Dummies offers a wealth of helpful advice on these and many more topics: Knowing whether or not incorporation can help you Choosing the type of entity that will work best for your business Dealing with shareholders and shareholder agreements Transferring money and assets in or out of the corporation Documenting corporate actions and maintaining compliance Finding the right attorney, accountant, tax advisor, and other professionals Written by the experts at The Company Corporation, who handle more than 100,000 incorporations every year, this helpful book offers the kind of advice you can only get from professionals — but in a user-friendly, lingo-free format. Whether you just want a little help with the paperwork, or don’t even know what a corporation is, you’ll find everything you need to know: What limited liability means Corporate statutes, bylaws, and articles Choosing directors and assigning duties The benefits of S corporation status Deciding where to incorporate Registering corporate names and domain names Balancing equity versus debt Understanding shareholder rights Getting your financial information in order Hiring a professional to help with corporate compliance If you want step-by-step help on setting up your corporation, dealing with the paperwork, and getting off on the right foot, Incorporating Your Business For Dummies is the only resource you need. Packed with the kind of tips and advice you’ll find nowhere else, it’s the uncomplicated way to get incorporated.