Risk: Moderate

Baking workshops can be a moderately risky side hustle for beginners starting from scratch, especially if they can't afford to lose money. While the main cost would be ingredients and equipment, setup costs range from $200 to $500 for baking tools, marketing materials, and rental space. Beginners might lose money if workshops don't attract enough participants or if the market is saturated in their area. It's possible to lose money, time, and energy if workshops fail to break even within 2 weeks. Online feedback suggests that some beginners have struggled to recoup their initial investment when starting out.