I feel that I am like a lot of fellow Warriors that thought I'd just create a product (or numerous products) and sell them to put lots of money in my bank account.
I also know that having a business is better for tax purposes and also using advertising (PPC, website domain purchases, etc) and other resources as business expenses.
Where do I start?
LLC, S Corporation, C Corporation, Sole Proprietoship is all Greek to me. I have never worked with a lawyer before. Do I even need one if I am just getting started?
Would you recommend making some money in IM before creating a business?
Is it best to make up to $1000 first by yourself then spend that money to create a business? Would you recommend creating your business then start spending business money to start?
All the products advertise that you can make lots of money with little work, but they don't tell you how to protect your expenses, etc.
Thank you for all the help.
PS... I currently live in one state, but I am moving to another state in August. Does it really matter in what state you create your business and where you live?