Originally Posted by DuckieHo
You need to register and operate as a limited liability company (LLC). Keep your accounts separate and pay yourself from the account. Do NOT mix the account with personal or you might weaken the LLC.
I don't know much about what it takes to make your company a corporation but my father runs his own small business as a corporation. He has 1 employee besides himself. I have heard him talk repeatedly about how he runs his business as a corporation because it will be very hard for any legal problems to touch his personal life. He claims that somebody could sue his company into the ground but they wouldn't be able to touch his personal savings.
Again I don't know a lot about it, just heard my father say that. Might be something to look into.