When starting a new business in Minnesota, there are many things you have to do. It is essential that you ensure your business is legally ready for operation. This means making sure you have all the permits and licenses required. According to the Department of Employment and Economic Development, not every business requires business licenses and permits, but if your business does and you operate without them, you could face stiff penalties.
Licenses can be issued by local and state governments. One such license that almost all businesses need is a general business license that permits you to operate a business in your location. You may also need a license if you are in a specific trade or conducting a specific type of business, such as a bar or construction company.
As for permits, they may be required to conduct certain activities. You may also need a permit to open your business in a certain location. You may also need environmental permits. These are often tied to waste disposal. If you have hazardous waste as part of your operations, then you may need such a permit.
Federal licenses and permits are sometimes required for specific business with activities regulated at the federal level. For example, if you sell alcohol, that is regulated through the federal government and requires you to meet specific requirements and get specific permits and licenses.
Getting the permits and licenses you need is essential to ensuring you can conduct business. If you are found to not have the legal papers you need, your business is likely to be shut down. You may have to pay fines. In some cases, you could face criminal charges and jail time. It is much easier to ensure you have all the documentation you need before you open the doors for business. This information is for education and is not legal advice.