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Get Serious! Establish yourself as a business, not a hobby

Season 2 Episode 3 Published 2 years, 1 month ago
Description

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In this episode of 'Quilting on the Side', Tori & Andi share tips on transitioning from quilting as a hobby to a serious business. Important steps discussed include setting up a legal entity, establishing a business bank account, preparing for sales tax obligations, and starting an email list. They also emphasize the importance of separating personal and business personas, particularly on social media, to create a cohesive brand image. 

Takeaways

  • Transitioning from a hobby to a business requires a mindset shift and a commitment to making a profit.
  • Setting up a separate business entity and bank account is essential for legal and financial purposes.
  • Sales tax reporting can be complex, but it's important to understand and fulfill your obligations.
  • Setting dedicated time for your business and creating a separate business persona on social media can help you establish yourself as a professional.
  • Building an email list and using social media strategically are effective marketing strategies for quilting businesses.
  • It's important to separate your personal and business life to maintain professionalism and focus on your business goals.

Episode References: 

Season 1 Episode 10 of Quilting on the Side

Paper and Spark 

Learn more about Tori & Andi here.


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