Minnesota Business Formation and Corporate Organization

Bloomington, Minnesota Business Lawyer Jeffrey K. Priest

You have a great idea. You have developed a business plan and obtained your funding. Your next step when starting your own business is to determine what kind of business entity you should operate and set it up. The Priest Law Firm, Ltd., provides comprehensive business formation and corporate organization services for new and aspiring business owners, as well as for existing businesses who wish to reorganize. We also provide legal services for clients who are buying or selling businesses, including negotiation, drafting and review of asset and stock purchase agreements.

Attorney Jeffrey K. Priest provides legal guidance to companies and entrepreneurs during the critical processes of entity choice, formation or incorporation, and organizational structure. Our law firm offers a business start-up package crafted to provide both basic documentation and advice in new business fundamentals. Call the Priest Law Firm Ltd. today at 952-808-1988 to schedule your consultation. Or, contact us by e-mail and someone from our firm will be in touch with you shortly.

Business Formation and Incorporation Services to Help Your Business Prosper

We provide a complete line of business start-up services designed to help new businesses succeed. In addition to his law degree, Mr. Priest has a degree in business administration and a great deal of experience organizing new companies. As the owner of his own business, he understands how to evaluate the options for new business owners based on their management styles, tolerance for risk, and tax position. He also has the practical experience to understand what is required to keep a business operating profitably.

The Priest Law Firm, Ltd., handles choice of entity, business organization and incorporation for all types of companies, including: 

  • S-corporations
  • C-corporations
  • Professional Corporations (PCs)
  • Professional Associations (PAs)
  • Limited Liability Companies (LLCs)
  • Limited Liability Partnerships (LLPs)
  • Limited partnerships, such as LPAs
  • General partnerships

Our Business Start-Up Package

As a new or aspiring business owner, you may be unaware of the various steps and documents that are required to organize your new company into a partnership, LLC or corporation. Our business start-up package includes:

  • Articles of incorporation or articles of organization
  • Initial appointment of the board of directors
  • Initial stock certificates
  • Form SS-4 application for federal employer identification number
  • Application for Minnesota sales tax identification number
  • Assistance in obtaining a Minnesota sales tax number
  • Assistance in obtaining a Minnesota unemployment compensation identification number
  • Assistance in obtaining workers' compensation insurance for principals and employees and liability insurance
  • Registration with Secretary of State

As part of our business start-up package, we also provide advice on organizational structure, setup and operations, and the formalities of business law, including:

  • Maintaining required records and your corporate signature
  • Understanding and maintaining the distinction between officers, directors and managers
  • Understanding officers', directors' and employees' duties to the company and its owners
  • Setting up your letterhead, billheads, invoices, business cards, building directories, telephone listings and Internet listings 
  • How to set up and maintain operational fundamentals, such as employment contracts, salaries, profit-sharing plans, pensions, deferred compensation plans, trust agreements, loans, buy-sell agreements, company brokerage and investment accounts, checking accounts, payroll taxes, amortization of expenses, leases of business premises and equipment, and purchase agreements
  • Procedures for operating under a d/b/a or trade name
  • Procedure for transacting business in other states
  • Start-up and ongoing operational accounting issues

Are you interested in learning more about the business legal services offered at the Priest Law Firm, Ltd.? Contact us today to arrange your consultation.

Experience when it matters most.

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Priest Law Firm, Ltd.

7900 International Drive, Suite 200
Bloomington, MN 55425
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Phone: 952-808-1988

Minnesota family law attorney Jeff Priest represents clients throughout the Twin Cities and the nine-county metro area in communities such as Bloomington, Minneapolis, St. Paul, Richfield, Eden Prairie, Minnetonka, Edina, Eagan, Rosemount, Apple Valley, Inver Grove Heights, Woodbury, Burnsville, Lakeville, Savage, Shakopee, Farmington and Ft. Snelling.
Hennepin County | Ramsey County | Dakota County | Scott County | Carver County | Anoka County | Washington County | Goodhue County | Wright County

DISCLAIMER – the information on this Web site is offered for informative purposes only and is not intended to offer legal services at any particular price. Priest Law Firm, Ltd. only offers family law legal services at an hourly rate plus costs as agreed upon in a fee retainer agreement in writing signed by the firm and the client.