Turning a Hobby into a Business

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Turning a Hobby into a Business

About Me

Sewing has been a hobby of mine since grade school. It wasn't until about to years ago that I thought to turn it into a small business. I was planning a renaissance themed wedding and decided to make all the gowns. I experimented with a couple of gown before making the "one". My husband suggested I sell them on E-bay.

I thought why not. After all, who doesn't love the Renaissance era? After selling a few gowns I began to realize this could be a profitable business. I did some research and found turning a hobby into a business wasn't that hard.

Here you can find information to get you started and useful links.

Basic Steps:

Come up with Idea and create a business plan
Research legal matters: Sales and use licences, trademark, register business name, etc.
Decide and register Domain Name
Select a webhost and design a web page
Marketing: register with search engines
Build a Customer base
Repeat business
Accountting and taxes

Equipment needed:

Equipment

Purpose

Comments

Computer

Useful for all business purposes. Financing, Flyers, website and etc.

Make sure to have accounting/bookeeping software, e-mail program, a web host and secure server.

Fax, Copier and Printer

Useful for any business.

You can get a all in one machine as oppose to buying seperate machines

Merchant Account

Needed to keep personal and business finances seperate

Can be obtained at any bank with proper documentation

Helpful Links:

Melissa Callahan

November 28, 2005

Renrevived@aol.com