I'm new here and I'm grateful there is a community that could help me.
I have a small e-commerce website that I originally made for my sister to sell her paintings, she end up not helping me at all and not paying any interest. I feel like the website has a lot of potential and I made an offer to friend if she could feature her paintings on the website as well for a commission. She love the idea and we are in the process of adding her artwork.
My question, should I create a LLC for the website? I haven't made any income yet and only applying for a LLC would be almost $200. But I don't want to get in trouble with IRS.
I was thinking to create some kind of contract with my friend to confirm the commission and all the terms, I finding it hard to find this kind of contract sample online, do you know any source where I could get inspired for the contract?
My situation is a little tricky and would appreciate any help!
Thank you so much!
I have a small e-commerce website that I originally made for my sister to sell her paintings, she end up not helping me at all and not paying any interest. I feel like the website has a lot of potential and I made an offer to friend if she could feature her paintings on the website as well for a commission. She love the idea and we are in the process of adding her artwork.
My question, should I create a LLC for the website? I haven't made any income yet and only applying for a LLC would be almost $200. But I don't want to get in trouble with IRS.
I was thinking to create some kind of contract with my friend to confirm the commission and all the terms, I finding it hard to find this kind of contract sample online, do you know any source where I could get inspired for the contract?
My situation is a little tricky and would appreciate any help!
Thank you so much!
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