It’s been almost a month in the new house and my art desk is still hidden away behind boxes… so I think it’s time to finally admit I’ve thrown in the towel.
After looking over revenue from the past 12 months and then looking forward, I’ve decided to turn my micro business back into a hobby. I’m nowhere near profitability for this year to date and I lost money last year– I don’t think I can argue that I’ve got enough of a profit motive to be considered a business anymore.
I’ve made a couple of attempts to get the fire going again, but with the new house (and all it’s assorted projects) I don’t think I’m going to have the time to really get things started. So I’ll still be creating art and running the Etsy store, but I’ll be doing it without an official profit motive.
Ironically this might mean I actually get more art done, which means more things to sell… but it’s a heavy might.
Will I start up the business again someday? I’m honestly not sure– but I’d like to. Maybe I just need to wait until I retire properly and have more time to turn my hobby of running a business back into a business of running a hobby.