Description

Provides information and resources to individuals who are interested in starting a business. Services include: - Consultations with the Small Business Assistance Office to help individuals understand or have questions about starting a business. Monthly meetings are held on the second Tuesday of the month for small business owners. - Information about considerations when starting a business, organizing the business, structure, forming partnerships, differences of business entities, business licenses, permits, business tax liabilities, and filing documents with the Secretary of State - MN Reservist and Veteran Business Loan Program: Provides business loans to companies that are affected when certain employees are called to active duty and individual veterans who have returned from active duty and want to start their own business. Types of loans include business loans and startup business loans. Terms include one-time, interest-free loans of $ 5,000 to $20,000, with 54 months of no repayment for the first 18 months and equal monthly payments over the remaining 36 months. More information can be found online at https://mn.gov/deed/business/financing-business/deed-programs/reservists/. - Small Business Development Center offices are located throughout the state to provide professional expertise and guidance to help clients manage their businesses - Tips on a business plan overview, basic accounting principles, business finance basics, types of business insurance, hiring employees, protecting intellectual property, and business management basics

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