Are you considering becoming a handmaker  or helping a friend or family to make that decision? Hopefully this will answer some of your questions.  With the large variety of creativity  opportunities to choose from, it can be very overwhelming not knowing the truth or where to start as a maker.

Here are three myths about handmade businesses:

1. My business is just a hobby. 

Your business can start as a hobby and become a “real business “.

As long as your intentions are to make a profit,  you automatically have a business. A hobby is making things when you feel like it, making items without selling them. When you start investing into your craft and putting yourself out there, then you have a business and not a hobby. 

2. A handmade business is a quick and easy way to make more money.

Where is the lie? If you are getting into a handmade business just to get rich quickly,  you are setting yourself up for failure. First, you must have a passion for whatever handmade craft you want to focus on. You will get tired, overwhelmed, and feel like quitting many days. However,  if you are passionate about your craft; you will get yourself back on track because of your love for it. You can become successful,  but it will require a lot of effort, time and investment. 

3. You don’t need to register your business, it’s just a hobby.

Yes, it’s very important that you register your business. You could run into IRS problems down the line with your business. It’s also important because it allows you to keep records of your business. Additionally, you will miss out on many financial benefits offered for small businesses. Overall, registering your your business gives it a more professional look.

These are just a few myths that people have about handmade businesses. Hopefully this gave you clarity on some of those myths. What other myths would you add to this list?

By Mina Mantor