oshkoshbijosh
Junior Member
I live in New York city and operate a business that earns me exactly zero dollars. It is a free service, to help people cook. The majority of it happens on the internet.
I am in the process of making everything official in hopes of eventually turning a profit. I have limited funds, and was going to make it an llc.
In New York the cost is around $650, plus more in potential publishing costs. In Georgia however, I can do it for $100. A significant difference for a business with no profit.
Since most of the business is online, is there a reason I shouldn't file for the LLC down in Georgia, and operate remotely as opposed to eating the cost of the NY llc?
what are the pros and cons of my options?
I am in the process of making everything official in hopes of eventually turning a profit. I have limited funds, and was going to make it an llc.
In New York the cost is around $650, plus more in potential publishing costs. In Georgia however, I can do it for $100. A significant difference for a business with no profit.
Since most of the business is online, is there a reason I shouldn't file for the LLC down in Georgia, and operate remotely as opposed to eating the cost of the NY llc?
what are the pros and cons of my options?