Minnesota Business Startup Guides
Open a Business in Robbinsdale, Minnesota
Need help starting a business in Robbinsdale, Minnesota? We've got the information you need to open a business in Robbinsdale.
Choosing a Company Name
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
There's one other important factor when naming a business. Since you are opening a business in Robbinsdale, it's very important that you make sure your company name has not already been claimed by another Minnesota business.
Company Formation in Robbinsdale, Minnesota
It's essential that you choose the right legal structure for your new entity. The principal advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.
When forming a company, you will pick from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Minnesota, you don't necessarily have to incorporate in Minnesota. In fact, you can incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Dissolving a Corporation. You should also consider getting professional assistance from your business lawyer. On a final note, since you will be starting a business in Robbinsdale, Minnesota, our web page covering Incorporating in Minnesota may be a useful resource if you decide to incorporate in Minnesota.
Getting Money to Start a Business
Raising money to fund your new Robbinsdale business will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on raising capital, such as 504 Loans.
For Robbinsdale entrepreneurs who want to raise money for a new venture, check out our List of Minnesota Angel Investors and our List of Minnesota Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Robbinsdale customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
We have some excellent resources on this site for entrepreneurs who are working on marketing plans. Marketing Research is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Learning More About Entrepreneurship
The best business owners know that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Robbinsdale, Minnesota, you should check out some of the learning programs at local Minnesota educational institutions. You should also check if there are any Robbinsdale networking organizations.
Next Steps
You have a dream -- starting a business in Robbinsdale. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Robbinsdale and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Robbinsdale entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Robbinsdale, Minnesota
Here are more links that we believe will help you be successful in starting a business in Robbinsdale.
- Resources for Robbinsdale, Minnesota Entrepreneurs - Browse a variety of resources we've collected to assist Robbinsdale entrepreneurs.
- Minnesota Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Minnesota.
- Minnesota Small Business Development Center - The Minnesota Small Business Development Centers provide no-cost, professional business consulting to Minnesota small businesses covering a variety of business needs.
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