Features expanded sections on business entity choice, changes in employment law and unemployment regulation, financing and taxation
ST. PAUL (Jan. 28, 2015) — The 2015 edition of ‘A Guide to Starting a Business in Minnesota’ is now available without charge from the Small Business Assistance Office at the Minnesota Department of Employment and Economic Development (DEED) in St. Paul. The popular guide, now in its 33rd edition, provides a concise summary of the major issues faced by anyone starting a business in Minnesota.
“To best prepare business owners for the constantly evolving entrepreneurial environment, we continually update and expand the Guide’s content,” said DEED Commissioner Katie Clark Sieben. “The 33rd edition is a comprehensive and timely approach to planning, forming and running a business. Business owners and entrepreneurs will find expanded sections on business entity choice, changes in employment law and unemployment regulation, financing and taxation in the new edition.”
The Guide includes information on the newly revised Limited Liability Company Act, which changes Minnesota’s current corporation-based model to a partnership model found in about 38 other states. The new model provides flexibility in areas like the standards of conduct required of Limited Liability Company members, managers and governors.
This edition contains three major sections:
• Narrative text;
• Expanded Resource Directory, including addresses and telephone numbers of organizations referenced in the text; and
• Directory of Licenses and Permits, which lists business licenses and permits required by the state of Minnesota, the state agency that issues or administers the license or permit, and a phone number for obtaining more information.
Free copies of ‘A Guide to Starting a Business in Minnesota’ can be obtained in hard copy or on CD-ROM from the DEED Small Business Assistance Office, First National Bank Building, 332 Minnesota Street, Suite E200, St. Paul, MN 55101-1351. Phone 651-259-7476 or 1-800-310-8323. The guide can be found online at: http://tinyurl.com/n8zk6qy.
DEED is the state’s principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and our services, visit us at http://mn.gov/deed/. Follow us on Twitter at twitter.com/mndeed.