Looking into Minnesota's laws on sole proprietorships it appears as though the only option is to list under an assumed name. I was wondering if any of you guys are under this assumed name status. The state under this status does not protect your businesses name. Also under assumed name does this make you a legitimate business at that time or must you list under some other name or status? Once under an assumed name can you receive checks under this name,open a bank account under this name as well as file taxes under the name? Sorry for the dumb question as it should be simple but cant seem to grip it.