Business in New York

[Dan P.]

Does anyone here own or operate a small (very small!) business in New York state?

I've only just begun research into it, so really my question is a bit premature, but Im curious about any pitfalls that may not be that obvious.
I'm also very curious about health insurance and whether running a, for instance, LLC will get you any kind of corporate insurance deals?

I currently reside in the UK, where I operate as a "sole trader", and obviously don't have to worry about health insurance here.

General U.S. appropriate knowledge appreciated, NY specific especially so.

Thanks in advance,
Dan

 

[alterwisser]

I have a friend/colleague who runs a LLC in NJ... she might be able to help you. State laws differ though, of course. Taxes in NY higher as well...

 

[gic]

I only know Ca and NV rules. LLC or S corporation is the way to go as you need to the "corporate veil" for protection. With Obamacare getting insurance is no longer an issue. In Ca you need to 2 employees to get a small business health policy, don't know the rules in NY I recommend you go to this site and start browsing and eventually get one of their books:


http://www.nolo.com/legal-encyclopedia/start-own-business-new-york-seven-steps-need-take.html
'

 

[Dan P.]

Thanks, guys.
A bit of earnest googling would have helped me; the same rules apply in NY as you report in CA, gic.