HI everyone, I run a very sucessfull sports website - we are now selling our own shirts, and might start up our own magazine and line. However, I am stuck on something. Should I incorporate the website? Go LLC? - If so, how do I go about doing that?
How you define successful? 1Mil visitor/day? Yes you need to have the license before you sell anything to your user
So, if you dont have 1 mil hits a day, theres no point in getting incorporated? Is it worth getting incorporated, or getting a business name for a website that I own... How do you get a license to sell something, like a t-shirt?
A t-shirt with your own logo on it? I don't know about the laws over there, but you don't need a licencse. I can't see why you would need one.
You are not required to but yes, it is probably a good idea to incorporate at this stage. It will give you tax breaks and also shield you from personal liability if things go wrong. You need to find a lawyer to do it, it costs around $600.