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Michelle1123
Baby #5 on the way!
Member since 9/05 7919 total posts
Name:
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Starting a Home Business
Hey guys. If I wanted to start a sole proprietorship in NYS, what else do I have to do besides the DBA paperwork?
I've been looking online and I'm so confused. I would not have any employees (except myself of course)
In case it matters, this would be for a photography business. I plan on getting insurance as well, but what exactly is required?
Thanks in advance for your help! 
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Posted 1/22/10 10:12 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
KittyKatCopper
missing my handsome boy
Member since 3/09 1579 total posts
Name:
Kat - HamptonsBride (LIW)
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Re: Starting a Home Business
DH & i each have a business...mine is formed as an S-Corp his is an LLC...so i don't have any sole proprietor knowledge...but this site may have some info. Good luck!
NYS Loves Small Business Site
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| Posted 1/26/10 10:58 AM |
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Sassyz75
Turning a new page
Member since 5/05 9731 total posts
Name:
Dina
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Re: Starting a Home Business
you need an ein number and a cert of authority to collect sales tax
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| Posted 2/2/10 11:29 AM |
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Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
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Re: Starting a Home Business
I would seriously consider another business form other than a sole proprietership. When running a business, you want the liability protection offered by a corporation or LLC... If you don't know much about this, talk to a lawyer who specializes in small business formation. For a very small fee, you can get some good advice and have someone help you with the paperwork.
Good luck.
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| Posted 2/3/10 11:43 AM |
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MrsFrizzle
<3
Member since 9/09 4628 total posts
Name:
Kristin
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Re: Starting a Home Business
I've done this a couple of times, there's a bunch of paperwork but it's not too hard. FM me if you want more info.
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| Posted 2/9/10 5:24 PM |
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alli3131
Peanut is here!!!!!!
Member since 5/09 18388 total posts
Name:
Allison
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Re: Starting a Home Business
IMO I would never open a sole proprietorship. You are personally responsible for any debt that the company incurs. You may think "its just me it wont matter" but it does all the time.
I worked as a collection atty and saw so many people have to file personal bankruptcy because of a solo business they started.
File it with the state as an s-corp......I think you can do it all online and even search for names.
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| Posted 2/9/10 6:43 PM |
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MrsFrizzle
<3
Member since 9/09 4628 total posts
Name:
Kristin
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Re: Starting a Home Business
Posted by alli3131
IMO I would never open a sole proprietorship. You are personally responsible for any debt that the company incurs. You may think "its just me it wont matter" but it does all the time.
I worked as a collection atty and saw so many people have to file personal bankruptcy because of a solo business they started.
File it with the state as an s-corp......I think you can do it all online and even search for names.
I agree about filing as an s-corp, I meant to mention that in my post as well
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| Posted 2/9/10 8:22 PM |
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