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Tips to Starting Your Own Home Woodworking Business from Luana Suglia's blog

Self-employment as a woodworker offers independence. It empowers the unique situation where you are in a position to create wood products, cabinets and furniture at a speed you are comfortable without anyone looking over your shoulder. If you're bored of the rapidly changing job market and the increasing demand for technology employees, then woodworking supplies a degree of specialized stability. The woodworking business grows very slowly and unless you are involved with the small woodworking projects that sell automatic and mechanized CNC end of the current market, the woodworking market is quite traditional.

There are many types of tools and machines employed in conventional woodworking which date back to a century or more ago, to give you a good notion of just how important any knowledge that you gain will be useful later on.

You'll also need to consider the benefits and pitfalls of being a self- employed woodworker compared to holding a day job. A day job often provides stability and a regular source of income without the need to be worried about another pay cheque. Obviously, we know this isn't always true particularly in today's rapidly changing economy and the danger of a downsizing or loss of a job is true. Until this happens, though, a day job is a reliable source of revenue.

However, the drawback of spending forty hours a week in a day job is dependent on the type of work you do and above all, would you like what you're doing? If you're as many individuals out there in the work force that gain little to no satisfaction from your job then you should follow your fantasy and inquire into the idea of becoming a part-time or fulltime woodworker.

Being in business for oneself involves more than just woodworking. There are different facets to a business you want to take into account. Other facets you to bother yourself with aside from woodworking include: bookkeeping, inventory management, equipment and tool maintenance, purchasing, advertising, advertising, and transport. These aspects of a company take valuable time away in the wood projects that make money center woodworking but are necessary for the business to survive and thrive.

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By Luana Suglia
Added Mar 14



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