You’d better believe a woodworking business isn’t profitable. If you’re in business for yourself, it is never profitable – not for this business type, anyway. If you take money you earn in the form of sales or profit, you are going to have to cut back the profits you have. It was never meant to be profitable or profitable for an established business.
You can’t be successful in the woodworking business unless you are making your own products.
There are thousands of ways you can work with wood that will allow you to make a profit.
There are countless ways you can use wood that you can cut, shape or stain. There are thousands of ways you can mix things yourself using basic tools. Woodworking is not like most other craft. There are dozens of different ways and you get to choose whatever you want: you can try out different processes, you can make your own tools to use for all your projects.
The amount of wood you need for an average home isn’t really that different then for most other jobs. It’s just you can’t afford to buy the “right” sized pieces or the right size of wood. I’ll get more into this in a moment, but the price of wood is still not the deciding factor in this business. It’s just how much wood is available to you. All this isn’t to say you should stop buying materials with this business. It is still a great industry to get into. It is just not as lucrative as it used to be. I’d rather buy from someone with great experience and knowledge of all these different wood processes than someone who just has that “right” sized piece. If you have a lot of leftover wood to cut it up and shape it, go for it and see how you do. But be prepared for the costs.
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