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Alabama Small Business Development Center Network

From Hobby to Business [7/7/2022 11.00-12.00]

Got a hobby that’s a profitable side hustle? Do you have a talent that you want to make a business?  It may be time to officially turn it into a company.

In this webinar we will review:

  • Overview of business resources available to you 
  • How to differentiate a hobby from a business according to the IRS
  • Overview of steps for formalizing your business
  • Considerations for the type of entity
  • Legal and insurance considerations
  • Tips for Business Planning
  • Basics of Funding

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