Dec. 10, 2020

Ep 60: Hobby VS Business - decide now which you're building

Ep 60: Hobby VS Business - decide now which you're building
She's Just Getting Started
Ep 60: Hobby VS Business - decide now which you're building

Finally today we're going to clear the air about the difference between a hobby & a business - and how to make sure your business is a business and doesn't accidentally become a hobby! Wanting to start your own podcast?: CLICK HERE 🎧

Apple Podcasts Spotify
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Season 1 Starting Out

Finally today we're going to clear the air about the difference between a hobby & a business - and how to make sure your business is a business and doesn't accidentally become a hobby!

You need to make a decision now whether you are a hobby or a business for two reasons:

1 - The IRS will make a decision for you if you don't...

and

2 - For your well-being so you can know the direction you are headed.

Today I share a story about how my friend started a candle-making venture and how it is a HOBBY and not a business. You get to hear how we know her undertaking is definitely a hobby.

You also hear the 9 criteria the IRS uses to determine whether your venture is a hobby or a business. I have the link below to their website so you can read it and research if you need to as well.

I just want to make sure you are doing the right things to get this going right.

LINKS I MENTIONED:

⭐️⭐️⭐️⭐️⭐️🎉Have a business idea & want to create your business PLAN? Then my Mini Business Plan Workshop is FOR YOU!

⭐️⭐️⭐️⭐️⭐️🥳Ready to start your new business WITHOUT wasting time, breaking the bank or losing your mind? Then the Just Getting Started Group is for you!

⭐️⭐️⭐️⭐️⭐️🥰READY to actually get good at marketing so you can grow your business WITHOUT being pushy or salesy? Then Grow-Getters Is FOR YOU!

FREE RESOURCES:

👉JOIN THE FREE FACEBOOK group HERE!

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🥳 JOIN ME ON INSTAGRAM HERE!

💥FOLLOW ME ON FACEBOOK HERE!

Wanting to start your own podcast?: CLICK HERE 🎧

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