What Constitutes a Business?
Some individuals may carry on a hobby that generates a significant amount of income. For example, hobbies such as card-collecting, coin-collecting, and comic book-collecting can prove lucrative for many even casual enthusiasts. However, this hobby does not become a small business unless that person regularly attends to their hobby as a means of income in a systematic manner. Additionally, there are specific steps a person can take to legally establish their own business.
If you are considering starting up your own business and need legal assistance through the process, contact the Orange County business attorneys of Daily Aljian today at 949-861-2524.