Your side hustle may be at risk — here are steps you can take to protect it

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A side hustle can be a good way to make some extra cash, stretch your entrepreneurial wings and perhaps eventually become a full-time business owner.

It can be anything from blogging to being an Uber driver or a handyman. A side hustle is usually in addition to another “main” job.

Yet just as important as running your side business is making sure it — and you — are protected in case something goes wrong, experts advise.

For some, that could mean insurance outside of their personal coverage. It also means having the right structure for your business.

“There is a lot of opportunity in terms of earning an income, but there are other issues — such as a record keeping, tax reporting, expenses and business risks — that a lot of times get overlooked,” said certified financial planner


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