If you're going to turn your hobby into a legitimate business, you need to accomplish a number of tasks to get yourself up and running. Just like any other business, there are special filings to submit, accounts to be opened and laws that need to be checked.
Do you know what is a fad, and how to profit from one?
Do you know you want to start a business, but you’re not sure what type of business you want to start? Or maybe you’ve got a vague idea you want to start a business in a certain industry—such as fashion, restaurant or automotive—but you are struggling to come up with a specific concept. That means it’s time to brainstorm a business idea.