5-Ways to Prepare to Monetize your Blog:
Decide on your Business Structure–
–Sole Proprietorship: A Sole Prop is the easiest and cheapest ways to structure your business. In many states, there is nothing that you will need to do. However, if you would like to operate under a different name other than your own, you will want to file Fictitious Name paperwork (commonly referred to as DBA). For example, if you would like your business to be known as “Sally’s Blogging” instead of “Sally Smith”. The main drawback to a Sole Prop is that you are essentially one and the same with the business. This means that you have unlimited liability versus the limited liability that others business structures provide.
Open Up a Business Account
Start a Record-Keeping System
Figure Out Your Tax Obligations
Write a Business Plan
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