How to Start a Woodworking Business in 7 Steps

Woodworking is a multibillion-dollar industry. You can take your fair share of profit from the industry by starting a woodworking business. The amount of income you earn will be largely dependent on your skill level, and how you position your business in the marketplace.

Starting a woodworking business is an avenue to working on your terms, setting your working hours, and being your boss. It also provides a pathway to making healthy connections with people within your community, and other business persons.

It’s worth stating that running a woodworking business can be quite challenging. One of the major challenges lies in the vast number of tools you’ll need. These could be regular tools like hammers, sanders, screw guns, and advanced tools like laser cutting machines.

In this guide, you will discover the 7 easy steps to starting and growing a woodworking business.

Acquiring Woodworking Skills and Knowledge

Formal college education is not a prerequisite to becoming a successful woodworker. However, you need to have strong woodworking skills. Woodworking skills involve carpentry and other related skills that help you produce high-quality products people will pay for.

Here are easy ways of acquiring woodworking skills and knowledge.

• Take courses: You should consider paid (or free) online (or offline) courses. Professional organizations like the Woodworkers Guild of America and Home Builders Institute are good places to get started.
• Find a mentor: Woodworking is usually a hands-on adventure. Finding a mentor in the industry is a sure way to build your woodworking skills over time.
• Practice: Working on multiple projects is the only way to develop your skills. You can head to Pinterest (or other free platforms) to check out the next project to work on.

Ideas for Your Woodworking Business

To get your woodworking business off the ground, you need to focus on the right woodworking business idea. All woodworking business ideas can be grouped into major categories like:

Cabinetry business: It involves building good storage spaces for homes.

Custom furniture business: It involves the building of sleek furniture for customers.

Carpentry business: It involves building windows, doors, and house frames according to the customer’s style (or local code).

Craft business: It involves building artistic jewelry, trinkets, and other similar items with wood as the primary material.

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A Woodworking incubator: This involves the provision of wood (and tools) for woodworkers (and other creators) who desire to start a business in the industry. If there are no woodworking incubators in your area, start one!

Your choice of a woodworking business will be largely dependent on the market demand for your products (or services) within your area.