What’s Involved In Turning Your Blog Into A Business?

If you have been blogging regularly for some time now, and you would like to try and turn it into a profitable business, there are many things you will need to do to make that happen. Although it may well not be an overnight success, the truth is that it is not too difficult to get your blog set up as a business and start making you some money. Blogging as a business is possible but you will need to do plenty of research and be prepared for a steep learning curve.  

blogging as a business - woman typing on a laptop

Image Credit

Let’s look at some of the essential things that you will need to take care of right from the start if you are serious about blogging as a business. As long as you are focused on these key areas, you’ll be giving yourself the best shot at having a successful blogging business, even with a minimum of prior experience.

Marketing

If you don’t put any effort into spreading the word about your blog, then it is much less likely that it will actually gain the readership you need to make money from it.

This is worth bearing in mind, especially as it is something which is so easily done these days with the power of the internet at your fingertips. But what is actually involved in marketing a blog?

The truth is that the most important part of it happens online. First of all, you want to try and raise some interest in online forums such as Facebook groups. Then you should try to build up a following for your email newsletter, as that is one of the most powerful ways to spread the word consistently.

Don’t be afraid to tell your family, friends, work colleagues and anyone else you meet along the way all about your blog.  You never know who may be just dying to read what you have to say.

Marketing your business is crucial if you are serious about moving on from your hobby blog and you may benefit from courses and books about building your confidence as a budding entrepreneur if you feel you lack the necessary skills to go out there and network.  Successful bloggers do not spend all their time behind a keyboard.

Bookkeeping

As soon as you start to earn any money with your blog, you must tell the HMRC. If your blog is going to be your job you need to register for self-employment and submit a tax return each year – even if you don’t earn over the current tax threshold which is £11,500. 

As with any other business, this means you are going to have to learn how to keep the books – that is maintain accurate financial records of your income and expenditure. If you don’t you could find yourself in debt, or at the very least jeopardising the cash flow of your business and running the risk of making a loss.

Bookkeeping is a difficult skill to master so it is a good idea to take an online course in it if you want to really get good at it. Besides, you will find that with practice you are able to improve your bookkeeping skills over time too. Taking care of the financial side is always going to be important, so make sure you bear this in mind.

blogging as a business - cup of coffee, books and a notebook

Image Credit

Consistency

You need to ensure that you are updating your blog regularly if you are going to make money from it, so if you have so far only been doing it as a hobby you might be surprised at the sudden workload. However, it is only with consistency that you will get anything done, so it is absolutely something that you need to focus on early on. Get this right, and you are setting up your business well.

Follow:
linda

Ex marketing professional turned family lifestyle blogger. I live in Cardiff with hubby Mat, Caitlin (10) and Ieuan (8).

Find me on: Web | Twitter | Facebook

6 Comments

  1. 14 June, 2018 / 7:12 pm

    Thank you for this post. Doing all those things but feel like I’m constantly battling to be noticed! Can be very demoralising at times.

    • linda
      Author
      14 June, 2018 / 7:37 pm

      It can be a slog and I think it’s important to realise that it can take years, not months like some of the blogging courses promise. Slow and steady wins the race as they say.

  2. Kim Styles
    15 June, 2018 / 3:03 pm

    it is much more complicated than I realised. do you use an online accounting software for your book keeping ?

  3. mia vine
    17 June, 2018 / 3:14 pm

    great item, very helpful

  4. Casey Garvey
    22 June, 2018 / 3:34 pm

    I am blogging for fun at this point. Can you recommend the best places to start a blog? I also agree consistancy is key!

    • linda
      Author
      22 June, 2018 / 3:59 pm

      Hi Casey – I started on Blogger (Google’s platform) which allows you to create a free blog. It’s a great way to learn the ropes. Then I went over to WordPress last year. I’d advise against using a social media platform to start a blog as there are so many changes taking place you could easily lose everything you’ve written.

Leave a Reply

Your email address will not be published. Required fields are marked *