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Health & Fitness

Forming a Sole Proprietorship

If business organizations – meaning the way companies are legally formed and structured – came in a build-it-yourself kit, some would be so complex they’d make a team of engineers cry like kindergartners as they struggled to assemble the Tinker Toys the right way.

The kit for a corporation would have maybe half a zillion pieces and a fat book of inscrutable instructions.

The finished product, with all of its rods and spiraling interconnections, would look like the human genome gone wild.

But the kit for a sole proprietorship would be the model of simplicity. A spool. A couple of sticks. Done. A kindergartner could do it.

Forming a sole proprietorship in Minnesota is just about that easy. Find out how on the MN Business 101 blog: http://mnbusiness101.wordpress.com/2013/05/27/forming-a-sole-proprietorship/

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