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Reply by JAAune

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Posted on What would you start with to be as profitable as possible

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JAAune

1888 posts in 3201 days


#1 posted 04-23-2017 04:36 AM

Fine furniture can be very profitable but expect to spend 10 years building a reputation. Also, $20,000 doesn’t go far when building out a custom woodworking shop. The downside to custom is that you need to own a lot of tools to handle a wide variety of work.

Coming up with a narrower product line makes it possible to earn more money with a smaller space and less tools. Forget about specific tools for now and start coming up with product ideas. Make prototypes with your existing tools and test the market until you find some that sell for a decent price. Only then should you start investing in tools to ramp up production because then you’ll know exactly what’s needed.

-- See my work at http://altaredesign.com


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