I work a W-2 day job and have my own electrical business.

I have known exactly one in my 10 years in the business.

That lasted a few months, but the REC recently released a new bulletin clarifying the legislation and basically saying that bill was meant to stop all forms of "wholesaling" as a business practice. 

It can track meds, allergies, skin ulcers, business licensing, vitals.

I knew I wanted to develop an empire, scale my business, and achieve 100,000 units.

Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes  to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim. 

Even as a broker there are many sleazy Account Executives that try to win my business with terms or extra compensation.

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

Years in business?

It's always important to screen anyone you are doing business with.