What about legal liability? Is it better to open a company to reduce it? What happens if you launch an app/website under your fullname? Is it a bad idea?
Many questions but thanks in advance for your help. I am a bit confused about these topics.....
Cheers, Domenico
ToS: Feel free to grab from any of my businesses and find/replace as necessary, or use WordPress.org's one, which they've "OSSed". You can have a lawyer write you one, if you want to spend a few thousand dollars, but it is unlikely it will meaningfully affect your outcomes.
Legal liability: Your main way to avoid liability is not pissing anyhow off so much that they want to sue you. You can incorporate an LLC cheaply, and should do so when you hire, take investment, want to sell to the Fortune 500, or are instructed to by your lawyer or accountant.
n.b. You can also buy insurance for this. It may be called professional liability or errors and omissions insurance. My business' policy runs about $3k a year. (The quote you get will likely be sensitive to what you are doing and how large your business is.) I only got it after 8ish years into the business, after I was in charge of hospital data and attempting to get largish deals done with megacorps, who required it as a checkbox in their purchasing process.
Launching an app/website under your full name is not a bad idea. You're going to be discoverable regardless, it will just cost modestly more money, but not nearly so much money as attempting to sue you, so if someone is that peeved you're going to get sued regardless.
This was really helpful. I did not know about these professional liability insurances...:)