Hobby To Business-- Now What?

Hobby To Business-- Now What?
You have a hobby that you love, in this case knitting, and you do it so well. Everyone tells you how good your are. So, how can you make your hobby work for you? Sell your finished product? Perhaps you can teach your beloved craft to others.

If you do decide to become a knitting teacher/instructor, you will need to give some thought to what to charge per class. Will you charge per lesson or will you have a five or ten lesson class and charge per class? Will you offer free snacks or invite students to bring sandwiches and you supply coffee or tea? You will need to think about advertising to get students, local venues such as the library, church, supermarket bulletin boards are usually free. How many students will you want per class?

If you are a stay at home mom, this is an opportunity to make a bit of money. It just takes a little more ingenuity to make this work, especially if your children are quite young. You will need a space for your little ones, if your potential clients/students have children also, may need will need space for the little ones to play while mommy knits. Knitting lessons after lunch and near nap time could work best for this.

If you charge $10 to $15 per person per group of lessons, you can do quite nicely with your venture. You would need to check with your tax adviser about starting this type or any type home business to find out about home business taxes, what license, if any, is needed. Your tax advisor can also tell you the difference between a consultant and a home business owner.

So, what is your hobby? Do you think you can make a business from it?

To learn more about the subect you are intererest in, check out your local library. If you don't find what you are looking for, ask the library librarian, she or he can help you find the books you need. You may even find inspiration about your hobby in some fiction books. Author Debbie Macomber caused me think about knitting in a whole new way when some of her character's became knitting enthusiasts in her Blossom Street Series.

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