Hey, my name is Jim and I'm trying to start a construction company in NJ with one other parter. I just wanted to know if all I had to do was fill out online form to register my business and get it filed at the treasury bureau. It says it will register my company name and it will be incorporated with a LLC. Once that happens is there a yearly fee that I have to pay for the LLC or is it just the one time fee. Also, I need my company to be insured and I am confused as to how that works, I had it in my head that the LLC was the insurance? and once you got incorporated the company was insured under the limited liability corporatio? I need that cleared up. Also, If that is not the case how do I get my company insured and how much does it usually cost monthly/yearly?
Me and my partner are basically starting from the ground up and I would appreciate any help on how to go about starting a business from scratch and what the costs will approximately be? Thank you in advance.