• RESEARCH
Research the market thoroughly by going online to see what other people are selling and what they are charging for it. To get an idea of how people run their businesses, you can go to local craft fairs and trade shows. If people pay for them, that's a good indicator that there might be a market for them.
• GET THE RIGHT TOOLS
Woodworking can be done by all with the proper tools and training, acquiring the proper tools allows you to work efficiently. Using a wide variety of materials you can create works of art, elegant or practical furniture and gifts or crafts. Initially you will have to make a considerable investment to purchase the equipment and materials you’ll need but in the long run it will pay for itself.
A Basic Tool Chest will consist of the following:
1. CHISEL
2. CLAMPS
3. COMBINATION SQUARE
4. DRILL BITS
5. ELECTRIC DRILL
6. HAMMER
7. HACKSAW
8. PLIERS
9. SCREWDRIVERS
10. TAPE MEASURE
• HAVE A NICHE
As a beginner, it will do you a lot of good if you would limit yourself to what you know best. If you are good in building small items, then become an expert in that, and only that. You shouldn't be making a kitchen cabinet one month, and then desk the next, and then building a deck the next month. Find your niche, and stick with it.
• KEEP RECORDS
It is vital for you to keep excellent records. You can keep a file on every piece you ever make. It doesn't necessarily have to be something fancy but just information about each piece, like a material list with prices, and a small sketch of it.
• ORGANIZED WORKSPACE
You should try to organize your workspace, whether it is a shop, garage or cleared space in the basement. It should be clean and tidy as possible and safety should be the number one priority. A clean shop is a safe shop and you need to be professional if you really want to make money woodworking.
Here’s a quick run down of the major points.... do your research, get the right tools, become an expert in whatever niche you choose, keep good records, and organize your workspace. Don’t forget to enjoy what you do and make some money.
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