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Ask HN: LLC or Sole Proprietorship
I am wondering if anyone has advice on forming an LLC or operating my "side hustle" as a sole proprietorship. I will be launching a website in 2026, and I don't know if I will make $20 a year or $2,000, but I don't expect it to be much more than covering operating costs. The pricing model is free with an upgrade to premium for extra features. No ads.
What I've been reading online talks a lot about liability, insurance, and other issues that I do not foresee being relevant to running a website, but it sounds like an LLC mitigates those issues. It will cost me a few hundred dollars and quite a bit of time to set up an LLC... I could always start as a sole proprietor and then make the switch if I deem it necessary, so that's the option I'm leaning most towards.
I know plenty of folks on here have hobbies and small businesses or websites they try to monetize, so maybe you have an idea I haven't considered?