Finally today we're going to clear the air about the difference between a hobby & a business - and how to make sure your business is a business and doesn't accidentally become a hobby!

You need to make a decision now whether you are a hobby or a business for two reasons:

1 - The IRS will make a decision for you if you don't...

and

2 - For your well-being so you can know the direction you are headed.

Today I share a story about how my friend started a candle-making venture and how it is a HOBBY and not a business. You get to hear how we know her undertaking is definitely a hobby.

You also hear the 9 criteria the IRS uses to determine whether your venture is a hobby or a business. I have the link below to their website so you can read it and research if you need to as well.

I just want to make sure you are doing the right things to get this going right. 

LINKS I MENTIONED:

• https://www.irs.gov/faqs/small-business-self-employed-other-business/income-expenses/income-expenses
• Episode 59: Energy

⭐️⭐️⭐️⭐️⭐️🎉Have a business idea & want to create your business PLAN? Then my Mini Business Plan Workshop is FOR YOU!

 ⭐️⭐️⭐️⭐️⭐️🥳Ready to start your new business WITHOUT wasting time, breaking the bank or losing your mind? Then the Just Getting Started Group is for you!

⭐️⭐️⭐️⭐️⭐️🥰READY to actually get good at marketing so you can grow your business WITHOUT being pushy or salesy? Then Grow-Getters Is FOR YOU!

FREE RESOURCES:

 👉JOIN THE FREE FACEBOOK group HERE!

 💥FREE TOOLS 👉 PRINT YOUR FREE GUIDES: 16-step Starters Checklist and my Business Idea Guide (IKIGAI) to help you find your true business purpose!

🥳 JOIN ME ON INSTAGRAM HERE!

 💥FOLLOW ME ON FACEBOOK HERE!