Turn Your Hobby Into a Business -- The Right Way


Book Description

If you decide to turn your hobby into a real business and gain the tax benefits available to a business, it is essential you do it the right way, or the IRS will punish you!Many successful businesses have their origins in the hobbies and interests of their creators. Think of Martha Stewart and Ely Callaway. Both of these highly successful entrepreneurs began their endeavors as spare-time activities in their garages or at their kitchen tables. The majority of people who convert their hobbies into businesses are ordinary people who simply want to do it the right way and avoid problems with the Internal Revenue Service. Turn Your Hobby Into a Business shows you how to do just that, by giving you everything you need to know about tax laws and what you need to do to avoid stiff penalties and frustrating hassles. It includes many case studies of actual hobbies-turned businesses. Whether you're a craftsperson or a writer, an inventor or a hobby farmer, this book lays out all the steps so that you can turn your personal pastime into a profitable business venture. The CD-ROM contains Articles of Organization forms that can be used to help you turn your hobby into a business. The forms are provided in MS Word and PDF formats for use on a Windows-based PC. The CD also contains a large number of bonus case studies.




More Than a Hobby


Book Description

The retail industry has undergone enormous changes during the last thirty years. But there is one retailer that not only has remained consistent in the fluctuating?even tenuous?market, but also has grown in the process. More Than a Hobby takes you inside the story of David Green, the man who built the phenomenal success of Hobby Lobby. Green went beyond surviving in a competitive retail market to thriving, ultimately expanding his $600 start-up company into a $1.3 billion per-year enterprise. Green’s incredible accomplishments were based not on business-school theory but on his grassroots experiences as a store manager and his creative application of cutting edge ideas, including: Allow managers to spend no more than thirty minutes per day on paperwork Instead of paying a middleman, assemble as much of the product as possible in-house Give buyers the freedom to purchase without restraint—but within the realm of common sense Keep God and family first More Than a Hobby is a practical field manual, filled with revolutionary ideas for all those who dream of success in the world of retail business.




From Passion to Income


Book Description

This guide provides easy-to-read and simple-to-follow instructions on how to go from giving away your handcrafted items to establishing a legitimate business and earning money.




Etsy-preneurship


Book Description

Turn your handmade hobby into a thriving business Most Etsy sellers are confident in their crafting and artistic capabilities. However, many need guidance on the business-related intricacies of starting and maintaining a successful Etsy business. Etsy-preneurship helps existing and potential Etsy sellers understand the business fundamentals needed to become a small business owner on Etsy, including taxes, bookkeeping, marketing, finances, administrative tasks, daily operations, legal requirements, business plans, and improving your business skills. This book will help you make the jump from enjoying your handmade/craft/art hobby to running a profitable business. Etsy-preneurship offers step-by-step advice on what it takes to bring in extra income or even one day run a full-time business on Etsy Outlines the basic business skills and knowledge you need to run a business on Etsy Explains how Etsy makes entrepreneurship attainable for everyone Each chapter even includes a downloadable business spreadsheet tool to help you put the steps into action. This book empowers Etsy sellers to turn their handmade hobby into a thriving business by employing foundational business concepts.







Start and Run a Business from Home


Book Description

Have you ever dreamed of turning your hobby into a profitable business? Now you can stop dreaming and start achieving by following the successful strategies of kitchen table entrepreneurship. This guide shares all the successful strategies that can turn any hobby into a profitable business.




Hobby Business Ventures


Book Description

Covers the 9 profit motive criteria for establishing material participation in part-time side businesses.




You Can Make Money from Your Hobby


Book Description

Building a business doing what you love.




Be A HobbyPreneur


Book Description

What if you could make Money from your Hobby? Or make your Hobby your Career?Everyone has Talents and Skills, but what is the use if you are not using it.This book is a step by step action plan to start your Hobby based business. Most of the hobbies, if pursued seriously, have the innate potential to earn anyone a living. This book teaches you everything you need to know about how to build a successful business with your Hobby. Elements of a Hobby based businessThe Monetizability Test - Check out if you can make money from your hobbyCreating a Product / ServiceThe One Page Hobby Business PlanCreating Marketing ElementsLaunching Your BusinessFree Resources50 Hobbies & their Leading Product / Services20 Point Checklist to Launch your Hobby Startup7 Day Launch PlanCritical Actions for SuccessThis guide will take you through a step by step process and help you create your Hobby based business. Be A HobbyPreneur is for every individual who are talented, ambitious, creative, and determined to build a business doing what they love.With the expanse of the internet, social media, and the ability to reach worldwide, this is now a possibility.The ease of business tools, Social Media, Payment Gateways, Networking Options, and the Sales and Marketing tools we have, makes Life easier.Be a HobbyPreneur in 7 Days.Your aim and attempt should be to start a Hobby based business, with the Lowest of investments.While there are Hobbies and Passions, which are expensive in nature, the focus here is to start a business with a minimalist approach, or instead, it is like creating a business and making Money out of thin air.The HERO of your creation should be your HOBBY-PASSION-SKILLSETS.Go for it. Start your Hobby based business.You never know, your hobby could be your next career.Read ahead, let us know how you are faring. All the best.Be a HobbyPreneur.




Make Money from Makes


Book Description

Make Money from Makes is for anyone who has a passion, skill or hobby and an interest in turning this into a business. You may be baking cakes for friends and family and dreaming of doing this full-time, or have a way with words that could be turned into commissions. Maybe you paint or draw and wonder if those who offer praise would be prepared to pay for your creations, or whether your flair for fashion could lead to financial return. Whatever your talent, it's likely you can turn this into a business with customers paying for the quality products or services you offer. Whether artisan or tailor, writer or baker, what you will discover from this book is how to: - Make sales beyond friends and family - Promote your brand and become well known - Register the company and manage the finances - Embrace technology to save time and money - Convey a professional image; online and off - Create a support network and work with partners Above all, it shows how to make money from doing what you love! The book is also packed with stories of people who have successfully started and grown their own businesses, with all of them giving their stories and top tips for success. With clear steps, useful links and expert advice, consider this book your guide as you launch your business, and embark on a most exciting adventure!