W06 Reflection: Legal Structures and Licenses and Taxes

We've made it to week 6, we're almost half way through the course! I am feeling a little overwhelmed with this class, especially when it comes to building a website. I know I can do it, but nervous at the same time. Maybe it's easier than I think, we'll see. 

This week we discussed the different legal structures of a business. After reading about the choices, I believe that a Sole-Proprietorship would be the best for what I hope to accomplish. In the state of California, there is really nothing to do other than start selling. I do need to research a business license with my local city. Paying taxes for any revenue recieved can be lumped into my personal tax return. I am not going to be hiring any employees, so that liability will decrease. There are a few people in my class who will be using an LLC. I believe they have a more robust business model, as in drop-shipping or directly selling merchandise.