I am in the process of setting up a consulting business in New York (Nassau County) to be exact but a majority of my work will be conducted for NYC customers and in NYC.
I haven't yet obtained an EIN number and I haven't set it up yet but as soon as my semester ends on may 7th I will be sure to set it up. I am confused as to which type of business should I form? I am going to be more or less the only employee because this company will be a side business for me but I'd still like to set it up once and right because there is potential to expand.
Which business type should I form? I am also concerned with not being personally liable for a mistake that I may make, hopefully this will NEVER be an issue but you never know who may sue you these days.
Any help you could provide me with would be much appreciated. I did notice other posts of interest and I will be sure to use the search feature but I was hoping for a few quick tidbits that someone could provide.