Making money doing something you love is the dream for most, and is something that many bloggers have been lucky enough to achieve. Companies are well aware of how influential bloggers can be, and generally pay well to have ads and links included on their sites. If you're considering setting up your blogs as a business, here's how to go about it.
Register as Business and Pay The Correct Taxes
When you want to set up your blog as a business, the first step is to register as a sole trader. It's a simple form you can fill in online with all of your details and doesn't take long to do. When you set up as a business you can register in your own name, or in the name of your blog. If you're going with your blog's name, make sure this is something you really like as it can be tricky making changes later down the line. You will also need to register to pay the correct taxes. It's fine if you already have a job that you pay tax on as an employee, as this will all be worked out separately.
Monetize Your Site
To become a business, you need to be making money. You probably won't be earning big bucks in the beginning, but anything you can earn from what is essentially a hobby is always going to be a nice bit of pocket money. As your blog grows and expands you can expect to start earning more. You will need to make your blog as attractive as possible to sponsors. A good domain authority score and a large base of loyal followers is a good start. Set up Google Adsense which will earn you a small amount of money every time someone clicks on your site or on one of your ads. You could use an SEO agency to help you boost your page rank for certain keywords, this will mean more organic traffic, higher engagement levels and more clicks. There are other ways for bloggers to earn income too, affiliate marketing for example gives you a percentage of every sale made through your site, simply install links or ads on your page and you will generate money through them over time.
The thing that will attract readers, (and therefore paid opportunities) to your site is excellent content. Interesting, engaging articles and great photos will help your blog to continue to grow, so don't get complacent if you start earning money. Keep putting out the best work you possibly can. If possible, set a blogging schedule and stick with it, that way readers know when to expect your posts and it keeps you in a good routine too.
It might take a lot of work to get off the ground, but you can turn something that was once your hobby into a great source of income. Work on improving your blog and trying out different monetizing strategies. Before you know it you could be up and running as your own business.
Miss Penny Lane is about creativity, inspiration, life & all things lovely.
Everything you see on mspennylane.com is made by myself, unless otherwise stated.
All opinions are my own. I buy most of the product myself and I can assure you that everything you see on my blog is genuine. When writing reviews I weigh up the pros and cons and add my opinion.
There is some affiliate linking to gain a small amount of commission.
I am happy to receive emails for all business inquiries. However, I will work with only those that reflect the interest of this blog.