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No matter how easy the business is but from experience I can tell you that you will not find yourself "i sit back quietly and hire people to run the business " :)
For me I would have both soft and hard copy but I think it also depends n where you live as it might vary from country to country.
Having back up is of utmost importance.
There are people out there who rewrite/copy stuff, is that allowed?
In other words they just spin the original post and put it on their sites and blogs