Posts Tagged ‘Hobbies’
How to Turn Your Hobby into a Small Business
From running on a treadmill to playing the trumpet to writing haikus, there are lots of activities that we all enjoy to get some much-needed relaxation from the everyday stresses of life. So, in the entrepreneurial world, this begs the question: is it possible to turn one of your favorite hobbies into a formal, money-making business venture?
Read More Don’t Let Investors Conclude Your Startup is a Hobby
Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return.
Read More 3 Reasons Why You Should Support Your Employees’ Hobbies
Some leaders prefer to take a hands-off approach when it comes to their employees’ personal lives, but, in fact, getting to know your employees outside of work and taking an active role in supporting their hobbies can benefit your company in several unexpected ways.
Read More Business vs. Hobby
Many taxpayers engage in activities they enjoy and do it for a business purpose. Whether the IRS considers it as a business or hobby has important income tax implications.
Read More