From the research I''ve done, I feel as though I may be missing something. I may also do eCommerce but only through affiliate marketers. Thank you for your time and advice in advance!
It would be pretty exhaustive to outline each and every step you need to take. However, some do come to mind.
1. Organize the Company that will own and operate the site, either as an Limited Liability Company or a corporation. Make sure you file the notice with the Sercretary of State of Georgia.
2. Get a good accountant to advise you on the tax issues.
3. Male sure you register your trade name.
4. Check into business liability insurance.
5. Create a privacy policy relating to dissemination, sale, or use of information received from members of the networking group.
6. Create a policy relating to minimum ages for users etc.
These aren't all, but they will give you a good start.
Michael A. Caldwell
404-979-3150
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