BizSugar.com › Finance › Business Building Basics: Avoiding the Hobby Classification

Starting a business is expensive and it can take a while before you start turning a profit. Yesterday we discussed the pros and cons of turning your hobby into a business, and today we’re looking at what to do next. Read on for a look at the differences between a hobby and a business, and for the best ways to guarantee classification as a business (if that’s what you choose to do).