I was looking for some important startup advice for something I am trying to start. I am creating a financial planning/informational website with a buddy. The only way we are going to make any money is by ads. It definitely won't earn a profit for over a year with all of the expenses coming from website building, hosting, domain name, etc.
Should I consider it a business? If so, do I need to get an LLC? We have bought a domain name and started creating the website.
Also, would it be legal to copy over stories and articles onto my website from others as long as we site the author/owner? I see that Yahoo Finance for example uses everyones stories and articles from major news outlets such as CNN and the AP on their site.
I know these are rookie questions but thanks for any help!