4 Questions to Ask Before Turning a Hobby into a Business

You love baking and your friends say you make the best cupcakes in the world. “You should sell this!” they say—and your mind starts whirring. Maybe you can turn your hobby into a business. Maybe you can make loads of money doing something that you love. But this is a major decision. A hobby is fun; a business, however, is inherently risky and will take hours of your time. You’ll also be caught up in tasks that have nothing to do with cupcakes or baking: marketing, sales, logistics. Are you ready for that? Here are some questions to help you decide whether you should mix business with pleasure.  Keep Reading »