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7 Replies Last post: Jan 16, 2008 1:59 AM by nishantk

Am I eligible for unemployment when I decide to start my own business?

Jan 14, 2008 8:32 AM

Puzzeled 2 posts since
Jan 14, 2008

I have moved b/c of my wife's job. Now I am working on setting up my own business setup. May I still get unemployment? I know I can if I am looking for a job but if I kick off my own business - does that officially mean I am employed?

Thanks,
Puzzeled.

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LUCKIEST 5,717 posts since
Aug 6, 2007

1. Re: Am I eligible for unemployment when I decide to start my own business? Jan 14, 2008 9:26 AM

That is a puzzling question. Where are you now and what state did you move from?? LUCKIEST
There is a program is designed to encourage and enable unemployed
workers to create their own jobs by starting their own small businesses. Under
these programs, States can pay a self-employed allowance, instead of regular
unemployment insurance benefits.

Generally in order to receive these benefits, an individual must first be eligible to
receive regular unemployment insurance under the State law. Individuals may be eligible even if they are engaged full-time in self-employment activities

Hope this helps, LUCKIEST

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DomainDiva 1,253 posts since
Oct 10, 2007

2. Re: Am I eligible for unemployment when I decide to start my own business? Jan 14, 2008 9:58 AM

If you take benefits without the intent of looking for a permanent job there may be some problems for you in the future. I

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LUCKIEST 5,717 posts since
Aug 6, 2007

3. Re: Am I eligible for unemployment when I decide to start my own business? Jan 14, 2008 12:04 PM

in response to: DomainDiva

DD, You are SO right. There is a system of checks and balances.
Then you have to believe there will be a future.
LUCKIEST

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Puzzeled 2 posts since
Jan 14, 2008

4. Re: Am I eligible for unemployment when I decide to start my own business? Jan 15, 2008 11:35 PM

in response to: LUCKIEST

I am now in NC. Was in NY. NY would pay me unemployment if I would actively look for a job - since I was moved b/c of my wife's job. I know that for sure. Now that I have purchased a commercial property and setting up a shop for my own business I was wandering why can't I get the benefits. Isn't the entire unemployment insurance is just for cases like this - help people transition from one job to the next with less stress... It just make sence to me.

In turn I will be providing 10 work places for other NC workers once I am all setup and going, but for now I have one income and plus setting up a business - so much stress and no one cares

That is just wrong in my humble opinion - if it is right - than it is definitely wrong.

What would be a good place to start if I would to find out more on this?

Puzzled.
Thanks

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Lighthouse24 2,231 posts since
Oct 10, 2007

5. Re: Am I eligible for unemployment when I decide to start my own business? Jan 15, 2008 11:57 PM

in response to: Puzzeled

According to the New York Department of Labor website: "You are considered to be employed if you are engaged in operating or starting a business either by yourself, with a partner or in a corporate arrangement. Time spent during the day or evening or on weekends preparing to start or actually operating a business may be considered employment even though no sales are made nor any compensation received. These activities may result in the loss of unemployment insurance benefits."

By the way, I noticed that Section 7, Title 591-a is called "Self Employment Assistance Program." I'd suggest checking into that.
http://www.labor.state.ny.us/ui/ui_index.shtm

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CorpCons08 1,127 posts since
Nov 14, 2007

6. Re: Am I eligible for unemployment when I decide to start my own business? Jan 16, 2008 12:20 AM

in response to: Lighthouse24

Lighthouse is correct on this. You are not eligible for unemployment if you are engaged in a business venture or you are in the process of forming a business. That is considered active employment.

CC08

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nishantk 13 posts since
Nov 9, 2007

7. Re: Am I eligible for unemployment when I decide to start my own business? Jan 16, 2008 1:59 AM

Dear Puzzeled,

Congratulation and best of luck for your new venture. I hope you would never need to be employed again.

The legal question like this or any future questions you might encounter, you could enroll for legal-insurance and get unlimited legal consultation over phone by an attorney.

Do visit www.JusticeMadeSimple.com or write me.

Regards,
Nishant

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ForumsStarting a Business

This Question is Possibly Answered

Am I eligible for unemployment when I decide to start my own business?

Jan 14, 2008 8:32 AM

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