May 11, 2007, Newsletter Issue #28: Other Considerations for the Woodworking Business

Tip of the Week

Before you open your own business, consider your equipment and whether or not you're equipped to open a full-time woodworking business.


Do you own all the necessary tools and equipment to undertake your particular type of woodworking? Or will you have to purchase equipment.
If you have to purchase new equipment, do you have the necessary funds?
Equipping a woodworking shop from scratch can be a sizeable investment. Depending on the size of the shop, it may be wise to consult a professional accountant or financial advisor. The hardest thing sometimes for new business owners is to determine their needs from their wants.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Wood Working Tip Site? Request a Tip Now!


Guru Spotlight
Phyllis Serbes