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What Business Entity?
I plan on getting into internet marketing.
I am going to have 15+ small niche content sites. 4+ Bigger Sites.
How would you setup your business? Sole Prioritorship? LLC? etc?
Is each website their own business name?
Could you run all websites under one company?
How does this work?
I would recommend LLC, tax advantages, and easier to take on partners. Inc is also a good option.
All the sites can be run under one company.
How much would an LLC cost me?
If someone is to purchase from one of my ecommerce stores. Do I put my LLC company name at the bottom. To let the visitors know that www.YOURSITE.com Owned by 'YOUR LLC TITLE'
I would stay away form Sole Prioritorship. You take complete risk for anything that happens with your company. With how sue happy peopel are these days you need to be careful.
So I can get an LLC that will be for all of my Internet Websites.
are they all the same area of business?
plan on having a web hosting company
5-15 small niche content sites
2-3 ecommerce sites
3-5 big content sites
2 adult sites
One of the ecommerce sites, I will be having a partner for it. How would I go about setting this up w/ my friend.
My dad and I will both be own the company. I am doing the work , my dad is funding it all though. We plan to pay him back when we make revenue, and then argree on a split of work and profit after that.
my expertise would be internet marketing... I would be marketing all the websites
I currently hire people to do my programming/design work.
You can have a network of businesses under one company, or a network.
So I can have all my websites under my LLC company name.
So that would include SALES from all my websites and EXPENSES for all my websites, is this right? Meaning 10-100 sites have 1 income total.
Is there any programs or tools that anyone recommends to keep track of sales from different websites, since all the sales will be connected to one account.
You can use quickbooks, and use 'jobs'. Simply accounting also has 'projects'.
Everyone missed telling him to visit the CA Secretary of State website. This website should answer most of your questions about which business model to choose.