BizSugar.com › Finance › Business Building Basics: Turning Your Hobby Into a Business

Many dream of turning their passion into a profitable small business, but how do you know when the time is right to take the plunge (or if it’s the right choice at all)? There are significant benefits to running a business, but there are also strong arguments for keeping your hobby just the way it is. Consider the following factors, and take a hard look at whether you’re ready and willing to turn your hobby into a business.