Some tips for turning your hobby into a small business

Look for others who share your passion and connect with them to see
what they are doing.
• Attend a hobby or cra" trade show to check out the trends and
competition.
• Subscribe to magazines and newsletters that cover your hobby.
• Find out if you can rent the publication’s or web site’s e-mail list. Do a
test mailing to promote your best product.
• Start small. Don’t quit your job.
• Check with your accountant about the IRS rules on tax deductions for
hobbies versus businesses. If you don’t make any money doing what
you love, it’s not a business.