Content 1. Making Money With Your Woodworking Hobby 2. Woodworking Hand Tools You Definitely Need For Your Workshop 3. Woodworking Power Tools You Should Consider Purchasing 4. Great Woodworking Projects to Build in Your Garage 5. How To Make Money Selling Your Custom Woodworking
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1. Making Money With Your Woodworking Hobby You already have the woodworking shop and you've built woodworking projects for around the house for a while now. Over time you have made the investment in the woodworking machinery required for a well equipped woodworking shop. Why not put all that time and investment to work for you. Turn your woodworking hobby into a profitable part-time or full-time business that can contribute to your households bottom line! There are a lot of things to take into consideration once you have decided to make the move from hobbyist to professional. Managing cost becomes very important now that you are in this to make money. One of the major costs in the woodworking business is for material and hardware. It is very important to keep detailed records on all materials and hardware that are used in the process of producing a woodworking project. Without these detailed records you will never be able to figure out how to price your product, and if you can't price the product properly you will never know if you are making a profit. Labor costs is something else you will have to take into consideration. As a hobbyist you could spend hours and hours of carefree time out in the shop working on your woodworking ideas. >>>For More Information Please Click Here!<<< Once you have decided to move from a hobbyist to a professional though it is imperative that you account for your time. You know the old saying time is money well when you're in business it is entirely true. You have to set a value for your time and incorporate it into the cost of the woodworking project, if you don't do this you can't come up with an exact price for your work. Another important cost that needs to be added into the price of your woodworking project are costs associated with overhead. Your overhead costs are things like
insurance and advertising expense,electricity and fuel costs. You should also include in overhead cost all shop supplies that are too minor to track separately. Once you have your overhead costs figured out you can then decide how much of a percentage should be added to each woodworking project to cover those costs. After figuring out all the above expenses you are at the point where you can add your profit margin. There are a few things that go into this, if you're woodworking project is unique and no one else has them you can add a larger percentage for-profit, if not you will have to keep your price in line with the competition. Quality is a major factor in setting the price, high quality woodworking products command higher prices, even if there is competition. Your profit margin should also include something for taking the entrepreneurial risk. Remember if going in the business was easy, everyone would do it. There is a wealth of information out there on how to develop a woodworking business from start to finish. Take the time and do your research and before you know it you will be making money from your own woodworking business.
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2. Woodworking Hand Tools You Definitely Need For Your Workshop When starting a working business there are a number of you will need to help you succeed. The first thing you want to have on hand is a proven woodworking business plan to guide you. This plan should help you to determine the cost of running your business so you will eventually make a profit. Part of the cost of running your woodworking business will be purchasing woodworking hand tools. Hopefully the plans you choose to guide you will provide you with this information. Purchasing the correct woodworking hand tools might seem somewhat straight forward at first glance but often a number of these items are left off the supply list. These tools are relatively inexpensive to purchase so they shouldn't put a very big dent in the budget. >>>For More Information Please Click Here!<<< 1. Claw Hammer - this tool is one you will using all the time. The claw hammer will be used for fastening pieces of wood together and for removing nails from pieces of wood that could end up being a safety hazard for somebody not wearing safety boots. Purchase a good quality hammer that is well balanced,as it might be a while before you can justify purchasing a nail gun. 2. C-clamp or G-clamp - this device will be very handy for a number woodworking jobs. It is used to hold a piece of wood in place while you work on it. One application will be with your handheld circular saw. In this case you clamp the piece of wood you are cutting to a workbench or table. With the wood securely clamped down you can accurately make a straight cut in it with your circular saw. This clamp
is also useful for holding to pieces of wood together when glue has been applied to them. 3. Screwdrivers - these tools are used to fastened pieces of wood together with screws. The types of screwdrivers commonly used in woodworking usually have one of three ends, common (slot), phillips (star) or robertson (square). These screwdrivers can be purhcased in your local building supply center as a complete set. The set you purchase will normally contain all the sizes you need for most woodworking projects. 4. Handheld Circular Saw - This tool will save you a lot of work in the sawing department. Although it is not as accurate as a table saw it will do almost as well using the proper techniques. It will also cost a lot less money to purchase. >>>For More Information Please Click Here!<<< 5. Measuring Tape - this tool is often forgotten to be included on list of tolls needed to be purchased. However sooner or later it will be needed. Not having a tape measure around when it is needed can be quit frustrating. Purchase a tape measure that is well made and retractable. Make sure it is long enough to measure the dimensions of all of the woodworking projects you plan on building. There are many other woodworking hand tools that you will have to purchase. These tools will give you a good start and help you get to the point where your budget will allow to buy more specialized woodworking equipment.
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3. Woodworking Power Tools You Should Consider Purchasing Starting a home based woodworking business can be an enjoyable one. It can also be profitable if you choose a proven woodworking plan to guide you. This plan should provide you with all the information you need to successfully start your business. This plan should include information on purchasing the correct woodworking power tools. You will likely be starting your woodworking business on a limited budget so getting the most value for you dollar will be important. Selecting the best tools to start your business will require a little research. You want to be sure you choose the ones that will be most useful. The tools you select should help you build your various woodworking projects in a timely and cost-effective manner. >>>For More Information Please Click Here!<<< Some of the woodworking power tools you should consider buying are the power drill, handheld circular saw and random orbital sander. There are many manufacturers to choose from and will usually have a choice between the cordless or corded version The corded version will be cheaper but will not offer the mobility the cordless version will. The power drill is very useful woodworking tool to have around. It will allow you to easily make holes in a number different materials such as natural woods, man-made boards, metals, masonry, brick and stone. Although the corded model will be cheaper, the cordless model will give you more mobility. Batteries are usually one of two types, NiCad or Lithium-Ion.
Purchasing a hand held circular saw will be a lot cheaper than buying a table saw. Although it is not as accurate, the handheld circular saw can be almost as accurate. Using it with a C-clamp and some sort would guide will allow you cut straight lines almost as easily as with a table saw. >>>For More Information Please Click Here!<<< The random orbital sander or sheet sander as part of your woodworking tool kit will save you a lot work in the sanding department. Although the orbital sander will be more expensive to purchase than the sheet sander, it tends to leave fewer marks on the surface of the wood. This because it uses sanding disks and doesn't sand in patterns. If you choose to go with the sheet sander you can reduce the risk of marking the surface of the wood by using proper sanding techniques. Start sanding with coarse sandpaper and then finish with a finer grade. These woodworking tools will help you finish your woodworking projects in an efficient manner, but they must be used properly and safely. Always read the owners manual and follow all safety guidelines. If you are new to using these tools, have somebody who is qualified show you how to operate them correctly and safely. Injuring yourself with these tools can be very serious and it only needs to happen once.
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4. Great Woodworking Projects to Build in Your Garage Woodworking is a great art and hobby that you can quickly turn into business. However, you need to know that different woodwork projects will have different requirements. For instance, the type of tools required, the work space needed, and the amount of money budgeted are all important factors in starting a woodworking business. If you're starting out with a limited budget, then using your garage for your work space is a great way to save on rental space for the business. Hence it would be prudent to think about projects that are easily built from the garage. With this in mind, it is very important that you find the right projects to build that will be profitable for you. Here are just a few of the great projects that easily lend themselves to creative design and customization that can earn you a good income. >>>For More Information Please Click Here!<<< Clocks Clocks are great projects for a woodworking business because they can contribute greatly to the overall home decor or be a great conversation piece. For example, floor clocks with drawers or other compartments can give a home that elegant look and feel. There are also various assortments of wall clocks that can easily be designed and built at very little expense. Clocks that portray a person's hobby or passion such as clocks that are part of a wooden fish for the fisherman, wooden balls for the sports enthusiast, or wooden bar sign for the "man cave" can be used as great gifts or decorative items. Other wall mounted clocks such as coo-coo clocks or other musical clocks are also very decorative.
Boxes and Holders On a more personal level, jewelry boxes, keepsake boxes, business card holders are always in need and you don't necessarily need plans for these types of small projects. These are simple yet highly sought after items. You can create your own custom plans. Other small projects such as wine gift boxes or pen set holders make fine gifts as well. Cases and Racks Other projects that are easily built from the garage are designer bookcases, display cases for trophies, awards, dolls, and so on. Spice racks, magazine racks, tool racks, gun racks, other types of racks are additional items that you can build and make good money on. These may be items that are not easily found, especially something that fits one's needs perfectly. Hence you need to do your research. For instance, ask people you know that uses a lot spices what type of spice rack would be most useful to them if this not your area of expertise. Also, shop around and find out what your competitors are offering and then modify project plans to produce products that are more unique and better looking. >>>For More Information Please Click Here!<<< Additional Projects Items such as chests, large mirrors with drawers, and specialty chairs are also things that can be one-of-a-kind projects. Remember, the more you distinguish yourself from the competition the more your products will be worth to customers. Just make sure that what you build is what people want and need, and they will pay good money for it. Starting a woodworking business can be very profitable. It
gives you the opportunity to create your own style of products and develop a brand for yourself.
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5. How To Make Money Selling Your Custom Woodworking If you are looking for that fun way that can see you earn extra money then woodworking will prove to be adequate. With woodworking you can make a variety of wood materials that can be anything from wood toys all the way to furniture. To help you get the best of woodworking, coming up with custom products is in your best interest. There are many woodworking plans on the internet; you should make use of them. Of course you will come across plans that will need you to pay some money to get access, yet some other plans are free for download. If you are just starting out on your woodworking business, you can make good practice with the free plans. Nonetheless, if you are looking for great plans that will help you make fully customized woodworks then you can part with a small fee that will introduce you to good customizable plans. >>>For More Information Please Click Here!<<< There is so much that you can get to do with woodworking and yet if you really want to make an impact, concentrating on a few areas is in your best interest. If you are into toys, then making customized toys will help you cut your niche. So you have your custom woodworking, how can you sell them? In order to get the right market for your woodwork, advertising is really important. There are many ways that you can advertise your products. You can decide to use the more traditional approach and put up adverts on the newspapers, the classifieds section or go the modern way and set up your own website and post adverts on it. You
can also decide to use a combination of a variety of ways to advertise your products. >>>For More Information Please Click Here!<<< As you focus on the marketing, make sure that you copyright your products. There is a price that comes with copywriting of products, yet it is not too much at the end. Once you have copyrighted your woodwork, you are protected by the law and someone cannot reproduce the exact same product without your knowing, if they do, you can easily file for legal action. Attend the various art and craft exhibitions and if possible also get your own pieces to the exhibition. This is one great place that you can get to mingle with great woodworkers and you can learn from each other. You can also get firsthand information from your customers on what to improve on and what is good. Want to start woodworking business easily from home? Visit
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