Ownership
Owning their own business is the goal of many woodworkers. However, depending on your background, a woodworking business can take on many different forms. Perhaps you are a hobbyist that wants to make some money doing what you love to do. Or else, a long time employee with lots of experience that is ready for a greater challenge and feels ready to go out on his/her own.
First thing you have to realize is that turning your passion for woodworking into a woodworking business is that you will be dealing directly with clients and subcontractors, doing paperwork, paying lots of bills, advertising, etc . . . many things that basically have nothing to do woodworking.
Unless you have a partner willing to do many of the managerial tasks for you, these 'office' tasks will fall on you. And just because you are a great woodworker, doesn't mean you know anything about running a business.
The articles in this section will help you understand some of the complexities of running your own business and the issues that you will face on a daily basis
Outsourcing
Whether you are just starting out, or own an established woodworking business, there will come a point in time when you will have to decide if it is better to build certain parts yourself, or to subcontract them out.
People need to know what you are selling, whether it is a service, or a specific product. Find out how to get the word out to potential customers.
Profitability
Now you've got customers, and seem to be busy all the time. But for some reason you are still struggling to pay the bills. Answer: you need to be more profitable! Easier said than done however.
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Categories |
| Introduction to Woodworking |
| Woodworking Tools |
| Woodworking Business |
| Shop Math |
| Health and Safety |
| Adhesives / Glues |
| Woodworking Dictionary |