I am starting 3 websites that will bring in money. I am unsure of what would protect my personal assets and I am unable to find consistent details in my research. I live in California.
The sites would make money with affiliate marketing, advertising, and app purchases. Also, one of the websites happen to be an ecommerce site.
I would be the only owner but will outsource projects to people through oDesk.com and Fivver.com.
Thank you in advance for your answers!I also have another startup that will bring a food product to market. It is currently a sole prop. but I will switch to an LLC when the product is finished with formulation. I have a partner on the startup that I trust with my life-another option is to do business under that DBA. Would that be wiser for tax purposes?