A Factsheet from Turning what you love into how you make your income can be freeing or fraught. If you love baking, painting, sewing, fixing bikes, photographing weddings I’m sure friends say you should “totally do this for a living”. If you’ve sold a few pieces on an online platform or made £200 at the local market you may be wondering: Should I make it full time? Turning a hobby into a business sounds likeContinue reading “Can I Turn My Hobby into a Business or Will That Ruin It”
Tag Archives: Finance
Is Volunteering My Time Hurting My Bottom Line
A Factsheet from Doing good is good business, until you can’t pay your bills You’re running a local workshop, mentoring start-ups, helping organise events, all for free. You care and you’re exhausted. Your paid work’s slipping, and your bank balance is flashing red. It’s hard to balance giving back and staying afloat. Tally your timeTrack your volunteering hours over a month. Include prep, travel, calls. You might be shocked at how much it adds upContinue reading “Is Volunteering My Time Hurting My Bottom Line”
How Do I Know When to Call It a Day and Do Something New
A Factsheet from Quitting isn’t failure. It’s a decision and sometimes, it’s the bravest one You’re tired. The money’s not coming in. The joy’s gone. But you keep pushing because you can’t bear the idea of giving up and your pride won’t let you pull the plug. Every business reaches a crossroads and knowing when to stop isn’t quitting. It’s leadership. Photo by Jon Tyson on Unsplash Check your finances If the numbers don’t work,Continue reading “How Do I Know When to Call It a Day and Do Something New”
Should I Charge for Advice and Consultations?
A Factsheet from “Just a quick chat…” can add up fast. Free or fee? You’re an expert. People trust you. They slide into your inbox with “Can I just pick your brain?” It feels flattering until you realise you’ve given away hours of your time and made nothing back. There’s a line between goodwill and giving away your business. Time is valueIf you’re spending 30 minutes on advice that leads to nothing, or helps someoneContinue reading “Should I Charge for Advice and Consultations?”
What If My Business Partner and I Want Different Things
A Factsheet from When your visions no longer align, what happens next? You started together, built the brand together, poured in time, trust and tears. Npw one of you wants to grow and the other wants to slow down. One wants to take on employees and the other wants to exit. You’re pulling in different directions and avoiding the elephant in the room. Many partnerships start with shared passion, but drift when personal goals orContinue reading “What If My Business Partner and I Want Different Things”