Here's an 'example' that I'm familiar with that illustrates the difference between 'business' and 'hobby':
A friend of mine had a well paying job that he'd been doing for many years. He was also...
Type: Posts; User: Buddy Sanders
Here's an 'example' that I'm familiar with that illustrates the difference between 'business' and 'hobby':
A friend of mine had a well paying job that he'd been doing for many years. He was also...
Dave,
Actually, the biggest difference between a 'business' and a 'hobby' are related to what you can DEDUCT, not what you PAY.
They'll allow you to 'break even' with a hobby, but not use...
Guys,
If you decide to tie flies to make money from them, why in the world would you buy your materials from a retailer, even at a 'discount'???
Get a resale license (not expensive and...
Cdpaul,
There really is no 'ideal' time.
Obviously, to maximise profits, you want to tie each fly as quickly as possible without any sacrifice in quality.
The real key to true production...