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Small Business Center

5 Tips for Turning a Hobby into a Business

June 27, 2022

Well-recognized brands like Harley-Davidson, Spanx, and Craigslist began as passion projects. The U.S. Chamber of Commerce offers a few tips for turning a hobby into a viable small business:

  • Test your product on small audiences. From friends and family to farmers’ markets, many groups could provide feedback.
  • Research your competition. Figure out what sets your nascent business apart.
  • Write a business plan and assess your level of commitment; starting part-time may be a good approach.
  • Establish your brand.
  • Pace yourself. A hobby or keen interest doesn’t become a Fortune 500 company overnight.

See the U.S. Chamber of Commerce’s recommendations for more detail.

Small Business Center

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