First time user; should I set up an LLC as an umbrella for multiple accounts? Advice?
I'd like to have all my business components set up correctly so that taxation or receiving commission checks are a centralized, straightforward, simple processes.
As stated, I'm just starting out in affiliate marketing and I'm working on promoting everything from children's toys to medical equipment as an affiliate marketer. I'm already interested in pursuing about half a dozen specialty niches now...however, I don't want to set up multiple or different companies that are attached to only one specialty niche - that would get out of control pretty fast.
What I think is the best way is to establish a single new corporate entity such as an LLC company that "houses" multiple streams and promotions for the various products, programs and campaigns within it.
What would the recommendation be to basically start a new Affiliate Marketing LLC company, where this new company manages campaigns for all the niches that you're interested in working on?
For example, let's say you set up a new LLC called "WarriorAffiliateGroup, LLC". So that would mean that your "2017 Spiderman toys", your "10-Step Financial Freedom" book series your "LifeFlex Retirement Scooter" and your "New Hope Senior Shower Chairs" affiliate programs are all contained, clustered, managed & operated under the single "WarriorAffiliateGroup, LLC" umbrella. Can you do that?
Is this the best way to set up one single, centralized affiliate marketing company for managing your entire personal affiliate marketing network? If that's true, then Amazon or ClickBank or Commission Junction would ultimately send your affiliate commissions checks simply to "WarriorAffiliateGroup, LLC", and not €œJim Bob Smith€ correct?
I'm just trying to get a feel for how to set things up properly so all my programs have a consistent implementation regardless of what thing I'm marketing.
Any advice you have on how to go about this would be greatly appreciated.
Sincerely,
Walter Johnson
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