Our B&B is out on the east end of Long Island, only open a few years but doing pretty well especially listing it online locally. We use a Long Island CPA firm for our accounting rather than trying to manage it ourselves even knowing quickbooks.
Before getting a loan small businesses or future owners should look in to long island business insurance especially after the rain we got on Long Island and all the businesses which were flooded. Make sure you're covered. Seems that ever year there is some sort of natural disaster or another.