It's entirely possible to take the carpentry tools you already own in the garage and found your carpentry business from there.
Starting a carpentry business can cost anywhere from nothing to several thousand dollars depending on the scale and scope of your ambition as a new business owner.
It's entirely possible to take the carpentry tools you already own in the garage and found your carpentry business from there. Talk to friends and acquaintances who need carpentry work done.
Word of Mouth Can Boost Your carpentry business
The basic idea to a small scale carpentry business is that, well, people are social.
If you do an excellent carpentry job building a new bedroom for a neighbor, that neighbor might show the new bedroom to two friends, and they might hire you for carpentry work, and each of those two friends might have two friends, and etcetera.
When a small business, carpentry or otherwise, is first spreading its wings, there's a good chance that the owners will want to hold onto their day jobs for a bit.
Even if you flood the press with advertisements and set up a gorgeous new carpentry shop on main street, your carpentry business will still take a little time to develop a reputation.
Working Alone and Hiring on Help For Your Business
For smaller carpentry projects, it may be easy to tackle every carpentry job on your own, though eventually, you're probably going to face a carpentry job where you absolutely need a carpentry helper or two.
Luckily, there are plenty of people who need work and are willing to work long hours of hard carpentry labor for a reasonable wage. Many are young and untrained, but eager to learn. It may be wise to keep spare carpentry tools around for helpers to employ on the job site.
A Modest Beginning
As with many business plans, it's a good idea to put in the time developing a reputation and honing your skills by keeping your carpentry business on the small scale before upgrading your carpentry business into something more lucrative.
In the construction and carpentry business especially, recommendations between friends are worth more than all of the advertising money can buy.
But when you are ready to upgrade, you may need to invest a pretty penny. Luckily, if you've been serious about your carpentry business, you've been putting a little away here and there from the odd carpentry jobs to save up for this day.
Even if you don't have exactly as much money as you estimate that you're going to need to get your new and improved carpentry business off the ground, investors and lenders are often willing to meet you halfway and will take your own investment as a gesture of your dedication to the project.
There are many areas of carpentry and construction, but below you will find...
Company Vehicle(s)
Depending on how many employees you have, you might do fine with just a pickup truck or a van in your possession. Your carpentry vehicle should be something just big enough to haul materials and tools, as well as a helper or two.
When you start taking on bigger projects and hiring on more people, you may need to invest in a virtual fleet of vans and trucks, but let's be honest, you don't get to that point without being successful enough to afford such facilities.
- Carpentry Tools and Materials
Most major carpentry materials will be funded through an account set up by your client, but it's still a good idea to keep plenty of odds and ends on the job site. If you wind up needing a single metal screw all of a sudden, it's better to have it at the ready than to have to make a trip to the hardware store for it.
- A Carpentry Shop
There's a good chance your garage will be all your carpentry business will ever need for making custom parts and such, and most of the work will be done right on the job site, however, the odd carpentry job here and there will probably require a little homework, so you'll want somewhere to do this carpentry work when the occasion arises.
And don't forget…
The main thing with starting a carpentry job is, as it always has been, carpentry skills.
Carpentry Business Resources:
Minimum Start Up Cost |
$5,000-10,000 |
Minimum Start up Equipment |
Transportation, mobile phone, computer with broadband connection, woodworking tools, lubricants and solvents, finishing equipment, adhesives and finishes, clean up equipment |
Optional or Advanced Equipment |
Commercial grade transportation, metal-working tools, trade show booth |
Associations |
Carpenter Contractors Association |
Courses |
Community college or vocational classes are available, but not necessary. Small businesses courses are also helpful. |
Reference Sites |
Business Ideas - Carpentry
Finding new customers for a carpentry biz
Work At Home : Home Business Opportunities for a Carpenter |
Important Point To Keep In Mind
See Also: How to Start A Business : Business Idea of The Day
Business Ideas Page : 1 - 2 - 3
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