How to Turn Your Hobby into a Business

You will follow a step-by-step process on how to turn your hobby into a business. You will: learn what it takes to start and run the business; how to make money doing what you enjoy; brainstorm opportunities to generate enough income to make it worth your time; complete list of items needed to start; understand legal requirements (i.e., license, permits); develop a basic business plan outline; determine how much money you need to start and sustain the business until it is profitable; calculate how much profit you need to make to maintain your cost of living; learn basic bookkeeping and how to manage the financials; understand that you are the boss and not an employee and what that comes with; and implement time management practices to be successful.