>1. Should I offer medical insurance for myself?

Your LLC will probably initially be treated as a sole proprietorship which
means that you will probably try to treat any health insurance as a
self-employed health insurance deduction. Given this, the LLC doesn't need to
"offer" health insurance.

>2. Can I use my home address for company registration?

This question is probably really a zoning question: Can you operate a small
business like you're setting up from your home.

> 3. ...I will move [next month]. Can I alter [address then]?

You need to check with whomever issues your business license. Probably the
answer is "yes" but your new location would also need to be appropriately
zoned. BTW, I once moved my CPA offices from one building in a suburban
business park to another building in the same business park--only to find
that the new building wasn't zoned for professional services. I couldn't
legally operate my CPA firm from that new location. The city zoning office
gave me a variance, so things ende up okay, but you have to be careful.
Yikes.

>4. ... can I still be hired by other companies as an individual?

I think your question here is whether you can be both an employee of one
organization and an independent contractor for another organization. The
answer to that question is "yes."

Good luck with your venture!

Yes, I am pretty sure that you can be hired by other companies.

To answer some of your questions, in most states you can use your home
address as your business address, but be sure to check on what your state
allows. If you set up an LLC, you will have to file an annual report form.
When you file your annual report, you can change the address to your new one.
You can also amend the original LLC but there is a cost to do so.
Alternatively, you may want to rent a mail box at a mailing center (not the
Post Office) if your state accepts such addresses.

To answer your question about working for others, you would be an independent
contractor for them. You will need to secure an EIN (tax ID number) from the
IRS because most corporations will not accept Social Security numbers. The
process to obtain an EIN is quick and easy as well as free. The business will
have you submit a W-9, which contains your name, address, and tax ID number.
At the end of the year, they will then issue a 1099 to you detailing the
amount you were paid. You use this to file your income taxes. Be aware that
as an independent contractor, no taxes will be withheld from what you are
paid, so you may need to make quarterly estimated tax payments.

For health insurance, you may want to check with your local chamber of
commerce. Some of them have group health plans specifically designed for
small businesses. You would be part of the entire chamber "group," which
would lower your costs.

Hi, In addition to checking out our information about LLCs, try getting in touch with a local Small Business Development Center, which is one of SBA's resource partners. They're located across the country andprovide free business counseling and answers. Visit SBA Direct to find your local SBA resource partners by entering your zip code.

Yenping,

I am not an expert on all of you questions, but I can answer the insurance
question.

One of the benefits of incorporating as an LLC is that the managers of the
LLC can qualify as a group for insurance purposes. Group health plans are
usually more cost effective. Additionally, insurance companies cannot decline
your for coverage if you are part of a group.

In order to be considered a group there must be a minimum of two people. Many
insurance companies will accept you and a spouse as managers of an LLC as a
group. The particulars from there depend on where you live. I am licensed to
give you direction in Arizona, Utah, Nevada and California. If you are in
another state then you will need to contact an insurance broker in your area.

I cannot stress this enough, it is important to set up your LLC correctly if
you want to qualify for a group health plan, so make sure you speak with a
broker in your area before you structure your business.