Is your horse operation a business or a hobby? The easiest way to determine whether your operation is a hobby or a business is to start with a few fundamental questions:
- What is your product or service?
- Define what you are selling, what will generate income, how many products you are capable of having, and what makes your product special.
- Who are your clients?
- Determine who your possible clients are. What is their gender, their ages, hobbies, lifestyles, and levels