Legal Question in Business Law in Minnesota

If it is going to be a "real' business, then absolutely, you should establish an LLC, you should probably register your TM, Logo etc. for protection in the IP arena, and perhaps most importantly, have contracts that protect you in the event that inevitable disputes arise.

This is an area which (c), and TM disputes are extremely common, and solid pre-litigation legal representation is a sign of a well advised business owner.

You may always operate a business as a sole proprietorship, however, that is rarely a wise choice. An LLC has pass through taxation which means any income is taxable at your individual rate. You also gain a limited liability shield for debts incurred by the business (assuming your business is able, at some point, \to obtain credit in its own name without a personal guarantee).

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