“You are never too old to set a new goal or to dream a new dream.” – C.S. Lewis
If you have a hobby or passion that you have been thinking about turning into more, we’re talking to you! Sure, starting out on your own to build a business can be both overwhelming and scary. In fact, these feelings hinder many from ever taking the risk or trying to make that transition! But, for those who plan well and work hard at it, business ownership can be very gratifying and rewarding. What is the business application for your hobby?
It’s no surprise that good planning is tied to success. Good business owners spend a lot of time in the dreaming and planning phase way before they take steps to materialize their business. There are many big picture items to consider – and not just for when you start out. You should also think about what your business might look like as it grows. You need to have the structure and support for both levels in place to manage success and potential expansion.
Will you need investors to get your business off the ground? Will you have employees in the beginning or do you expect to hire at some point in the future? What should your accounting structure and practice look like? These are all points you ought to evaluate and we are available as a resource to you.
Use our accounting background and years of small business experience to transition your hobby into a business that works for you! These are just a few points to get you thinking and the start of a much bigger conversation. We would welcome the opportunity to learn more about your hobby and brainstorm with you what the proper business application might look like. From there, we can partner with you to conceive a structure and framework that will support your passion and interests, as well as make good business sense!
