need your advice

**tiger1** · 08-30-2009 12:37 PM

HI,
Young Entrepreneur community

my question is i am starting couple dating websites and 1ecommerce site which business entity should i choose sole propriter or LLC. another question do i have to register 3 diffrent LLC for 3 diffrent website or one LLC for all website your answer will be greatly appreciated.

**tiger1** · 08-30-2009 12:46 PM

hi,is there anyone who answer my question please. thanks

**TL3M** · 12-14-2009 10:41 PM

If you've the funds available I would always recommend registering an LLC for each entity.

**Kevin S. Peterson** · 12-20-2009 10:03 PM

I'll agree with the last poster. Run multiple LLCs to protect each business, and yourself, from the others. Sole proprietorships leave you open to personal liability from the business.

**Dan Nichols** · 12-23-2009 01:52 PM

You asked if you "have to" do LLC for each website. The truth is you don't have to do anything at all. What should you do is more accurate. LLC's are an inexpensive way to protect yourself if done right. What most people fail to do though is have insurance which is an accepted business practice. What exactly that is for with your site in your circumstance, I don't know. Probably E&O (look it up), and possibly some other form of insurance for the website and it's customers (hacking, data theft etc.).

What i am trying to say is that if you don't do your basics to protect yourself, the LLC is a real thin "veil" of protection. Also, how the LLC is set up is important too. We'll have a webinar in February on choosing entities etc. with a couple of attorneys and tax accountants.

Sign up below (my signature) to keep abreast of the webinar happenings.

Hope this helps.