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Requesting your input LJ - Starting a furniture business

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Blog entry by CDuarte posted 07-26-2018 06:21 PM 1851 reads 0 times favorited 11 comments Add to Favorites Watch

Good afternoon all,

I hope everyone is doing well. LJ today I am posting requesting your opinions. I left my company the beginning of July and I have always enjoyed furniture building.

LJ what are your thoughts on starting a business in this field?

Any input is greatly appreciated.

Thank you,



11 comments so far

View gargey's profile

gargey

1013 posts in 1193 days


#1 posted 07-26-2018 07:54 PM

gatabe a troll

View Smitty_Cabinetshop's profile

Smitty_Cabinetshop

16141 posts in 3036 days


#2 posted 07-26-2018 09:12 PM

I think it’s a swell idea.

-- Don't anthropomorphize your handplanes. They hate it when you do that. -- OldTools Archive --

View CDuarte's profile

CDuarte

10 posts in 1804 days


#3 posted 07-27-2018 02:13 AM

Good evening Gargey,

What does your comment mean?

View Jeffery Mullen's profile

Jeffery Mullen

355 posts in 3236 days


#4 posted 07-28-2018 04:59 AM

I am in a small business lumber Jock type of guy, I make small wood crafts such as wood shaped coasters,cell phone stands , wood spoons, wood salad forks, and much more on the smaller scale.
I like to make 20 of each items and store them in a big plastic storage tub and put them away for craft shows when I do them. the biggest thing is to see how much it cost you for the wood and hardware to get this wood furniture projects you are selling. I have 4 orders for tv tray fold down tables and my goodness I needed $ 35.00 just for the boards and hardware for just one pine wood fold down table. Lucky me I had 2×4’s laying around that was in good shape to rip and make legs and a cabinet shop near by that throws their waste in bins for public to grab which I grabbed nice oak sheets of plywood the size I needed for the tops of my TV trays. I will make a profit of 35.00 each table and the customer only wanted to pay $35.00 a table so that works out for both of us as a good deal. same with your furniture , look on Craig list for free wood and hard ware so you can get paid more for your products. people get rid of so much good wood it is in sane and want to just give it to you if you go get it.
Also make sure you have a dry place to store your hand made furniture when done with each peace.
have a dry place to store your lumber. Easy er to get a LLC license than a federal license.
I have my big machines out side and covered up with boat tarp , like my shop smith with all the parts to it. I also keep my table saw out side and band saw out side covered up when not in use. I have a small 18 ’ x 12 ’ car port that I built walls around, So my work space is small with smaller wood tools in there.
2 years ago I made a stick chair and never did sell them but it sure is a nice piece of wood furniture for the back yard,
If you are a face book fan or your wife is , shopify is a good web sight to build on your products.
classified free adds on face book is another way to get your products noticed.
I hope some of this helps you of what I do.

-- Jeffery Mullen

View CDuarte's profile

CDuarte

10 posts in 1804 days


#5 posted 07-28-2018 04:00 PM

Good morning Jeffery,

Thank you for the feedback and insight, I have been looking at places where I have an enclosed work area. I think I found a perfect place. The person who had the place before must have been a wood worker or metal worker because the the garage has been converted into a great work area.

Thank you again, I appreciate the feed back.

View Sawdust2012's profile

Sawdust2012

174 posts in 2130 days


#6 posted 07-28-2018 04:59 PM

People tell me all the time, “You should sell those!” Invariably, they are people with absolutely no experience or knowledge of business. I decided against it because: I am painfully slow which works in inverse proportion to income when you are in production. If I made my avocation my vocation, I don’t know what I would do to relax! * People who buy custom made pieces of furniture are picky, and a colossal pain in the rear.

Just my 2c.

View ChuckV's profile

ChuckV

3223 posts in 3945 days


#7 posted 07-28-2018 06:04 PM

You are likely to get more useful advice if you provide some details. For instance, where are you located, what items are you planing to make, how do you plan to market the items?

-- “Big man, pig man, ha ha, charade you are.” ― R. Waters

View splintergroup's profile

splintergroup

2728 posts in 1640 days


#8 posted 07-29-2018 02:51 PM

Somewhat jaded, but the old adage still applies:

Want to make a small fortune in the markets? start with a big fortune….

View CDuarte's profile

CDuarte

10 posts in 1804 days


#9 posted 07-31-2018 03:15 PM

Good morning all,

All valid points, and things to consider. I am located in the DC metro area and I have taken the time to do a little research on what to types of things to make.

I have a friend that suggested to include the “refinishing” side of the house, which in this market, she has found to be a good one.

I do appreciate everyone’s opinions and commentary.

View SLCcarpets's profile

SLCcarpets

4 posts in 338 days


#10 posted 08-24-2018 02:08 AM

I think you should go for it! Best decision I made when I started my own business!

-- https://www.saltlakecarpets.com/

View CDuarte's profile

CDuarte

10 posts in 1804 days


#11 posted 08-24-2018 06:20 PM

Good morning SLC,

Thank you for the reply, I think I will have to do it, the worst that can happen is succeed.

Have a great day,

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