Your Business Isn’t a Hobby 

(Even If You’re Having Fun) 

Sure, you love what you do—but if you’re not treating it like a real business, the IRS might not either. Plus, it’s hard to scale something you treat like a side project.

What separates a business from a hobby?

• You operate to make a profit

• You keep good records

• You advertise or promote it

• You invest time and resources into growth

Financial mindset shifts:

• Pay yourself (yes, even if it’s modest)

• Separate business and personal accounts

• Set financial goals and budgets

IRS tip: Hobby vs. Business Test

✅ Funny Tip: If your accountant says “this looks like a hobby,” that’s your cue to either step it up—or stop buying office supplies on Etsy.