Entity Formation

Identifying the Right Legal Entity to Match Your Business Goals

Helping businesses succeed from the start

As the founder of the Hanson Law Office, PA, I’m dedicated to delivering practical legal advice to businesses of all sizes. With an MBA, an accounting degree and a background in advising clients in tax matters, I have the experience to help you or your company plan objectives and meet long-term goals. I’m also a businessperson who’s operated a number of successful businesses here in the Twin Cities area. Whether you wish to register your sole proprietorship in Minnesota or form a new business altogether, I explain the law and take care of the details for you.

Building your business from the ground up

At the Hanson Law Office, PA, we measure our firm’s success from our clients’ satisfaction. To this end, we collaborate with you to build a solid foundation for your business beginning with selecting the appropriate legal business entity. Minnesota law recognizes a number of legal business entities, including:

  • Assumed names/sole proprietorship’s
  • Business corporations
  • Nonprofit corporations
  • Foreign corporations
  • General partnerships
  • Limited liability companies (LLCs)
  • Limited liability partnerships (LLPs)
  • Limited partnerships
  • Professional corporations (PCs) or professional associations (PAs)

 

It’s important to be fully informed about the advantages and disadvantages of all your business entity options before forming your business entity. As a seasoned attorney and business owner, I review each client’s individual plans and long-term goals to recommend the best entity to give your venture the greatest chance of success. After you’ve selected a business entity, I take care of the details by preparing and filing the necessary forms to breathe life into your business dreams.

What is the best way to start a nonprofit organization?

When we meet to discuss your business planning strategy and goals, one of the first things I help you decide is what type of legal business entity best matches your plans and goals. If you plan to conduct business for the benefit of the public and without a profit motive, you can set up your business as a nonprofit organization. I guide you through the process and take care of the details so you can focus on the important work ahead.

After your nonprofit organization is officially formed, like any other business entity, you must secure a tax identification number and any licenses necessary for your business activity and location. Before your nonprofit commences business activities, I can help with your contract review and negotiation needs. With more than 10 years’ experience practicing business law, I can advise you on how to negotiate a fair and fortuitous business deal.

Call the Hanson Law Office, PA for a free phone consultation.

In addition to founding the Hanson Law Office, PA, I’ve started and managed several successful businesses, so I’m happy to advise you on which business entity is best for your situation.  My firm offers convenient evening and weekend appointments and free parking less than two blocks from the Stearns County Courthouse.  Call 320.200.2567 today for an appointment or contact us online.