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Hire Yourself! Jefferson County

Hire Yourself! Jefferson County

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Published by pritchie10
Senator Patty Ritchie's resource guide for small business owners--and those who want to succeed in business
Senator Patty Ritchie's resource guide for small business owners--and those who want to succeed in business

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Published by: pritchie10 on Oct 22, 2013
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Senator Patty Ritchie reports to Jefferson County
Advice for Small Business Ownersand Entrepreneurs Looking to OpenYour Own Business
Do you know where to find the help your business needs?
Start-up advice
Where to Find help
Small business loans
Jefferson County Office:
317 Washington St.Watertown, NY 13601(315) 782-3418
Senator Patty Ritchie
48th Senate District
New York State Small Business Development Center
The Small Business Development Centers provide expertbusiness advice to both new startups and establishedbusinesses. Whether you need to write a business plan,
need help with accounting, marketing, financial planning,
cost analysis, training, construction management, loaninformation assistance or teleconferences, the SBDC canhelp and it’s free!
Jefferson Community College SBDCWatertown, NY 13601-1897(315) 782-9262sbdc@sunyjefferson.edu
New York Business Development Corporation
NYBDC works in partnership with banks to provide loansto businesses which may not meet the requirements for
traditional financing. In many cases, NYBDC includes multipleparticipations, SBA guarantees, flexible amortization and long-
term payouts.
215 Washington StreetSuite 102Watertown, NY 13601(315) 785-7907
New York State Tax GuideFor NewBusinesses
The State Tax Department
provides a 36-page
publication on tax issuesthat affect new businessowners, including types
of organizations and tax
responsibilities, Federal
Employer IdentificationNumbers, filing requirements for employers,sales
and uses tax, miscellaneous taxes and sales taxconsequences of purchasing a business. Also included isinformation on record keeping, accounting, bookkeepingand more. (Ask for “Pub. 20.”)
(800) 225-5829www.tax.state.ny.us
Health Insurance
You can obtain health insurance for you and youremployees by joining your local Chamber of Commerce
and taking advantage of the benefits of group purchasing
or contacting your local insurance agent:
Greater Watertown North CountryChamber of Commerce1241 Coffeen St.Watertown, NY 13601(315) 788-4400
Another option is enrolling in
Healthy NY.
The programwas designed to help provide health insurance coveragefor small business employees and individuals. Program
benefits include essential in-patient and outpatient
services, physician and surgical services, maternitycare and preventative health services, diagnostic and
emergency services and a limited prescription benefit.
Eligibility requirements are as follows:
The business must have 50 or fewer employees whohave not had group health insurance coverage during the
12-month period before applying.
At least 30 percent of the employees must have annualwages at or below $36,000; and at least 50 percent of the
The most common forms of businesses are
sole proprietor, partnership, limited liability company and corporation
. If
you plan to conduct business under a name other than your own, you must register that name. Here is a chart of the mostcommon business entities.
Business Form
Filing Forms
Sole ProprietorshipPartnershipLimited LiabilityCompany (LLC)Corporation
This is the simplest form of businessstructure owned by one individual. Allbusiness responsibilities and decisionsare those of the single owner. Theowner has unlimited liability for thebusiness.This is the relationship between twoor more individuals or companies that
conduct business together. In the
absence of a partnership agreement,the New York State Partnership Lawsets forth the rights and duties of thepartners.A Limited Liability Company is an
unincorporated business organization
of one or more persons having limitedliability for the contractual obligationsand other liabilities of the businessother than a partnership or trust.This entity is separate and distinctfrom the individual(s) who own andmanage the business. A corporationcan sell, buy and inherit property inits own name and is legally endowedwith rights, powers and duties toconduct lawful activities. Corporations
operate for profit and can raise capital
by selling shares of interest in thecorporation. A corporation’s debts andobligations are distinctly its own.
Certificate of Conducting Business as aSole Proprietor. Please file a completedand notarized form with the county clerk
in each county in which the business islocated. You should have three copies: theoriginal for the county clerk, one for thebank, and one for the business.
Certificate of Conducting Business asPartners. Please file a completed andnotarized form with the county clerk in each
county where the business is located. Youshould have three copies: the original forthe county clerk, one for the bank, and onefor the business.The New York Department of State requires
the filing of Articles of Organization. An LLC
must publish a notice in two newspapers inthe county where the business is locatedeach week for six successive weeksspecifying the details of the limited liability
company within 120 days after filing.
Source: Governor’s Office of Regulatory Reform
A Certificate of Incorporation
An hour north of SyracuseForeign Trade ZoneEmpire Zone Benefits
City Center Industrial Park
Located in the heart of downtown Watertown70 acres fully developedBlocks from Interstate 81 direct access to
Syracuse and Canada
Electric, natural gas, water and sewer in-placeCompetitively pricedLocated in the Empire Zone great financialand tax benefits
Jefferson County Job Development Corporation
Jefferson County’s “One Stop Shop” for business develop-ment assistance. From capital financing to low-cost facility
options to economic development incentives, the JCJDAprovides the services your company needs to grow. The
organization operates three economic development or-ganizations for the benefit of new and expanding busi-
Jefferson County Job Development Corporation800 Starbuck Avenue, Suite 800Watertown, NY 13601(800) 553-4111Jefferson County Agricultural Development Corp.
The agency provides assistance to agriculture businesses,agricultural tourism related businesses as well as provideinformation on area farmers markets, agricultural services,loan funds and joint marketing opportunities.
Jefferson County Agricultural Development Corp.Agricultural CoordinatorP.O. Box 838, 21170 NYS Rte 232Watertown, NY 13601(315) 782-1806www.comefarmwithus.com
Other Loan Funds
In addition to the available countywide and regional pro-
grams, many municipaliities have their own programs.
Watertown Economic Growth Fund
Watertown Local Development CorporationRevolving Loan
Watertown Local Development CorporationMicroenterprise Loan Fund
Watertown Local Development CorporationThe Buck Building82 Public SquareWatertown, NY 13601(315) 786-3494www.watertownldc.comLocal Development Corporation of Carthage
Towns of Wilna, Champion; Villages of Carthage, WestCarthage
(315) 646-3548Sackets Harbor Local Development Corporation(315) 493-1060Joint Marketing and Advertising Opportunities
Jefferson County has an extensive and growing tourismindustry. Tourism related businesses should consider theopportunities available to share marketing and advertising
by joining local chambers of commerce and tourism pro-
motional programs.
Greater Watertown North Country Chamberof Commerce1241 Coffeen St.Watertown, NY 13601(315) 788-440
employees, includingone employee earning$36,000 or less, mustparticipate, and
Employers mustcontribute at least half ofthe premium costs.For more information,including a Healthy NY Consumer Guide, please visitthe Healthy NY website at www.ins.state.ny.us, or call
866-healthyny (866-432-5849).
Property Casualty Insurance
An essential part of running a small business isensuring that you have enough insurance coverage
to minimize financial risks. Businesses need property
and casualty insurance to protect their assets, replaceproperty damage, provide for lost income, cover liabilityfor negligent acts and provide coverage for workerscompensation. Just one uninsured loss in any of thesecategories could devastate a business so it is critical thatbusinesses have adequate insurance coverage to coverthe needs of their particular business type.To obtain more information concerning businessinsurance, including small business insurance guides, visit
the New York State Insurance Department on the Internet
at www.ins.state.ny.usMany small entrepreneurs need help starting up anew business or expanding an existing business. Your
business may be eligible for a low interest loan. In mostcases you’ll be required to put up a share of the financing,but you may be eligible for low interest financing whether
your project is $5,000 or $5 million.
Local Loan Funds in Jefferson County
The Jefferson County IDA provides a wide variety ofpublic financing programs:
JCIDA Revolving Loan Fund
JCIDA Microenterprise Revolving Loan Fund
Industrial Revenue Bonds for projects
North Country Alliance Regional Revolving Loan Fund
Development Authority of the North Country CommunityDevelopment Loan Fund
JCIDA Microenterprise Loan Fund
Jefferson County Chamber of Commerce
U.S. Dept. of Housing and Urban Development SmallCities Community Development Block Grant: Real estate,machinery and
equipment, may be financed where a low-to moderate-income impact is demonstrated.
NYS Job Development Authority: Real estate,
machinery and equipment may be financed under the
state’s established guidelines; no retail or hotel.
NYS Empire State Development - Environmental
Services Unit: Real estate, machinery and equipment,and research and development may be funded for wastereduction and recycling projects.
Statewide Zone Capital Corporation
Jefferson County Industrial Development Corporation800 Starbuck Avenue, Suite 800Watertown, NY 13601(315) 782-5865
Jefferson County also offers assistance with locatingbusiness sites:
Jefferson County Corporate Park
Located adjacent to Interstate 81Competitively pricedLots “Tenant Ready”More than a dozen businesses on siteDirect access to Canada 30 miles
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