5 Steps to Start your Business in Minnesota
Five steps to start a small business
When starting a new business there are many important decisions to make. Here are some resources and five steps to help you get started in Minnesota.
Organize your business. Here are the types of business structures available in Minnesota.
Confirm your business name and follow these step-by-step instructions for registering your business.
Obtain a state tax ID number from Minnesota Department of Revenue and federal tax ID number (EIN) from the IRS.
- Does your business require licenses and permits?
- Insurance should be secured to mitigate risks.
- Protect Your Intellectual Property: patent, trademark, copyright and trade secret.
Financing basics and state financing programs to help your startup or small business.
Research Grants, Tax Credits, and Loans
Ongoing Technical Assistance for Small Businesses
- CALL the Small Business Assistance Office at 651-556-8425 or 800-310-8323 with specific questions or to be connected to the right resource.
- CONNECT with your regional entrepreneurial ecosystem.
- MEET with Small Business Development Center (SBDC) consultants across the state who provide guidance and expertise to small businesses or Business Development Representatives who help companies expand in Minnesota.
- REACH out to support organizations serving startups and small businesses.
- REFERENCE the statewide startup and small business calendar.
- LEARN about Launch MN resources to help your startup journey.
A quick overview of DEED programs for starting or expanding a business.
A complete listing of DEED's Economic and Community Development Programs.