Starting a New Business: Essential Legal Checklist

Ken Engel

Embarking on the journey to start a new business is both exciting and challenging. As you dive into entrepreneurship, it’s crucial to lay a solid legal foundation to ensure your company’s long-term success. At Engel Professional Association, serving clients in Minnesota (Minneapolis, St. Paul) and Wisconsin (Hudson, Madison, Milwaukee, River Falls), our business law attorneys help entrepreneurs navigate the formation process with clarity and confidence.

While starting a business can feel daunting, following a clear legal checklist can simplify your path and prevent costly mistakes.

1. Select a Legal Name

Choosing the right business name is the first major step. Your name must comply with state and federal regulations, be unique, and align with your brand identity. Conducting a trademark search helps avoid conflicts, while checking availability with your state’s business registry ensures compliance. A carefully chosen name not only strengthens your brand but also protects you from future legal disputes.

2. Decide on Ownership Structure

Your business structure determines your liability, taxes, and management flexibility. Common options include:

Sole Proprietorship – Simple to form but offers no liability protection.
Partnership – Shared control but shared risk.
LLC (Limited Liability Company) – Offers liability protection and tax flexibility, popular for small and growing businesses.
Corporation – Best for larger companies or those seeking outside investment.

An experienced business attorney in Minneapolis, Madison, or Milwaukee can help you evaluate which structure best fits your goals and long-term plans.

3. Appoint a Registered Agent

Every business must designate a registered agent to receive legal and compliance documents. This can be:

Yourself
A trusted individual
A professional registered agent service

Having a reliable registered agent ensures you never miss critical notices and helps maintain your business’s good standing with the state.

4. File Formation Documents

To officially establish your business, you must file formation documents—such as Articles of Organization or Incorporation—with the Secretary of State (or equivalent office). These documents define your structure and make your business legally recognized. Filing requirements vary by state, so it’s important to follow the correct process in Minnesota or Wisconsin.

Build a Strong Legal Foundation with Engel Professional Association

Starting a business involves many legal steps, but the right guidance makes the process manageable. At Engel Professional Association, our business law attorneys in Minneapolis, St. Paul, Hudson, Madison, Milwaukee, and River Falls help entrepreneurs form businesses the right way—protecting your interests from day one.

If you’re ready to launch your venture, contact our team today for trusted business formation guidance across Minnesota and Wisconsin.