Another alternative is to set up a Limited Liability Company (an LLC). An LLC is simpler and usually less expensive to set up than a corporation, and provides m

Another alternative is to set up a Limited Liability Company (an LLC). An LLC is simpler and usually less expensive to set up than a corporation, and provides most of the same kinds of liability protection. However, if you expect that your side project may grow into a really large business, or if you ever plan to seek outside investment, a corporation would probably be a better choice.