Welcome to the board bluekid, I'm really not the best person to be asking in respect to the foundation of your business, (I'm in AUS and all the laws are different) however I would definitely recommend a solid foundation as best practice in any business particularly one such as the adult industry.

You need to be prepared for the hard slog but the best way to learn is to hang around and ask questions - we'll all be only too happy to help.

Cheers,

Allan