While the recession brought with it a well-documented squeeze on small business lending from banks, there are a number of alternative funding sources available to those who are starting or expanding their small business. Loans and/or equity investments can be sourced from multiple sources, including credit unions, savings and loans, and private financial companies. Family members, friends, and colleagues are also potential avenues to explore.
Build this handy stool in one hour and park it in your closet. You can also use it as a step to reach the high shelf. All you need is a 4 x 4-ft. sheet of 3/4-in. plywood, wood glue and a handful of 8d finish nails. Cut the plywood pieces according to the illustration. Spread wood glue on the joints, then nail them together with 8d finish nails. First nail through the sides into the back. Then nail through the top into the sides and back. Finally, mark the location of the two shelves and nail through the sides into the shelves. Don’t have floor space to spare? Build these super simple wall-mounted shoe organizers instead!
The primary investment of any garage workshop are the tools. Protect your investment with a high quality tool chest that is neatly organized and (if needed) lockable. Look for smooth rolling ball-bearing drawers, and if you’re buying used, beware of rust and dirt that could corrode your tools. We recommend installing drawer mats to keep your tools from sliding around. They also give your tools a softer cushion to rest in.

1. My vehicle is a Ford F-150, which is not great for off-road travel but is by far the best I’ve ever had for mobile living. The 6.5-foot bed is perfect for my 6+ foot height, and I can probably haul everything I own other than my home furniture in the back of it. How long is the bed of your Toyota? I’ve always assumed a small pickup would tight length-wise for comfortable sleeping.


Since your business name is often the first thing potential customers will see or hear, think of it as one of your key tools for leaving a lasting impression. The right name, like a firm handshake, can play a role in your brand’s perception. So make sure it’s strong, catchy, and unique, but most importantly sends the right message about your business.
Does it motivate you? This is a tricky one because sometimes we have to do the work that we don't want to do to become successful. On the other hand, if it doesn't motivate you, you just literally wasted your time writing it down because you wont complete it. Consider your skill set and desire to want to work on that goal to help you eliminate goals (because you can't do everything). 

Compensation is a critical key to retaining and motivating the right employees. However, since small businesses often start out with tight budgets, compensation is an area they often struggle with, commonly leading to bad hiring decisions that affect overall business performance. The good news is that employers willing to step outside the hourly-wage box have a variety of options.


Starting your own small business can be an incredibly rewarding experience both personally and financially. However, like anything worthwhile, it takes a great deal of time and effort to be successful at it. Your results will depend on how much you are willing to apply yourself. The lessons in How to Start a Small Business 101 are designed to give you a leg up on the competition so you can hit the ground running. Now all you’ve got to do is bookmark this page, free up some time, grab a cup of coffee, and start making your way through each section.
If I had it to do over again, I would stick to an entry level miter saw and table saw until I had both the funds and need to upgrade to more capable saws.  Because of this, I'd stick to the two saws we looked at in the $500 build: ​The Craftsman Table Saw for ~$150 and Hitachi 10 inch Miter Saw for ~110.  These two additions bring our running total to just over $500.   

Keep your air hose and fittings in one place and out of the way. Screw a coffee can onto a scrap piece of plywood. Attach a 2-1/2 in. riser block to the edge of the plywood and hang the entire contraption from a wall or work-bench. Drape your air hose over the coffee can, and store your fittings inside. It also works great for hanging extension cords. — Walter Barndt. Build an air compressor cart.
In every aspect when starting your small business you should be mindful of making careful, prudent decisions about the allocation of your potentially limited funds — tracking precisely the cost of goods sold (CoGS) against sales to ensure profitability. Every dollar spent is tracked and accounted for, either as an essential cost of doing business (rent, employees, etc.) or as a cost of inventory that will result directly in profit.

Perhaps the most satisfying move I made was to automate the dust collection system. I used the iVACPro system to link all machines to the dust collector. When I turn on any machine in the shop, the dust collector fires up and whisks the dust into the bin. The system also has a programmable delay to allow the dust to make it to the bin before the dust collector shuts down. I set my system for a five-second delay. The system works flawlessly for my band saw, planer, and router table at 115 volts, and also my table saw and jointer at 240 volts. 
If you don’t have the time (or interest!) in building your own conversion but you still want to give van life a test drive, we’ve got an idea for you! We’d recommend getting a rental vehicle from Escape Campervans. They have 10 different locations across North America and come fully loaded with all the gear you need for an epic road trip. Plus, their rates are fair and affordable.

Once you’ve considered your commercial property options and their associated leases, it’s time to choose one or more commercial spaces and negotiate the leases. When formally entering into a commercial lease negotiation process, you’ll want to start by requesting the terms in writing. This request can come from you or your broker and is supplied by the landlord’s broker.
Our practical workshop is coming along nicely. We’ve created a big open space and added plenty of electrical power and lots of light. We’ve also added some great storage capacity using recycled kitchen cabinets and some old shelves. Now, with our tool compartment and work surfaces in place we’re getting very, very close, but I wanted to get a little input on the final details from some other folks who spent a lot of time making sawdust, so I asked my co-host Allen Lyle and our website editor Ben Erickson to look around and give us some of their ideas.
Radiation is heat transferred through air or a vacuum- think the heat radiating off of a fire. In a van, the biggest source of radiant heat is your windows. Sunlight (radiant heat) shines in through the windows and heats up the inside of your van. Using a reflective window covering will help deflect radiant heat and keep your van cool. Reflective surfaces also help keep radiant heat inside the van during the winter.
Debt financing involves borrowing capital that must then be paid back over a set period of time, most commonly with interest. Typically the core benefit of this arrangement is that you, the business owner, maintains complete control over your business. Your only ongoing obligation is to repay the loan with interest. The downside? Fail to keep up those repayments and the loan — often secured against your assets, savings or property — can put you in very dangerous financial waters.
Let's talk about a few strategies for building out your shop below retail price.  There are the obvious ones like yard sales, craigslist, estate sales, and thrift stores, however, these can be hit or miss.  First of all, not everyone lives in an area where these avenues exist.  Second, when your brand new to woodworking, it can be hard to evaluate a tool that your buying second hand.  Because of this, I'm not going to focus on these channels in this post, but I will say, if your willing to do some hunting for second hand tools, you can easily save 50% to 75% on some perfectly fine equipment.
How to Optimize a Small Layout – Not everyone has the room to have a huge shop selling everything. Ralph guides you through making the most out of a small shop layout. This includes optimal machine placement, where to set up shop, the tools needed, and lots of other consideration. The guide walks you through every aspect of setting up your shop – going into details without having it be overwhelming. It’s ideal for beginners that are looking to set up shop.
Some people lean towards starting a small business because they seek freedom, others to fulfill their passions. Some entrepreneurs, however, are driven by a desire to build a legacy, one that that they can hand down to generations to come. Whatever your reasons are for reaching for the stars and aiming for the moon, before you start, remember, there is a dark side.

Once again I would like to Thank You for letting so many of us see what is going on in your world. It is very educational and entertaining to see what has happened in the past few months of your dream shop build. As I was watching the video I periodically looked out my window to see the snow falling steadily and building up along the windowsill. Every now and then I imagined I was in your sunny backyard admiring your Shop. I am looking forward to seeing what you will create in your New Space. Keep up the Good work and Congratulations on your Dream Shop.

I am working hard (or hardly working) on our master bathroom vanity! I spent the whole day in the garage on Monday, but it was such a mess from all the other projects I have been working on, so I spent the day cleaning and organizing instead of building. Now I have a place to build the vanity and this coming week there is nothing going on so I will also have time. I can almost smell the progress!
Up until about ten years ago, if you were in the process of starting a small business and wanted to use all of the technologies listed at the start of this section, you would have needed to take out a second mortgage to cover the bill. Investing in retail technology has historically involved expensive hardware (including an in-house server), large upfront software costs, and hefty ongoing bills for customer support or repairs when things went wrong. Innovators were targeting large-scale enterprises like Coca-Cola, not local mom and pops, so the packages and price points were designed to match.
A battery isolator allows your vehicle’s alternator to charge your auxiliary batteries while you drive, and keeps everything separated so you don’t drain your starting battery. Since we installed our Keyline Chargers Dual Battery Smart Isolator, our batteries are almost always fully charged. It’s also very simple to install - the toughest part is running the cable inside your van from the engine compartment.
Hi Ryan: Nice job on the truck. I also have ’94 Toya 4×4 coffin sleep setup. Looking to change (access cab wanted) and may use some of your ideas. One thing I didn’t see you mention is ventilation. I am from the Mid-Atlantic region(DC/Maryland, you’re old stomping grounds) and ventilation at the New is important. My side windows have screens and I use an old mesh fly with a flexible pole for the rear tailgate area. It works really well. Kinda jerry rigged but is easy to put up and take down as well as pass through for nighttime truck exits. Not needed out west as much since bugs and humidity are lower but can’t live w/out it in these parts.
I have different toolboxes for different jobs around the house. Occasionally I’d grab a tool out of one box and then put it away in another. Eventually all my flat-head screwdrivers would end up in one toolbox. To solve the problem, I now mark the handles of the tools and the corresponding toolbox with a band of colored electrical tape. Now all the tools are in the box where they belong. — Kim Litkenhaus Marino
Thanks! Yep, the canopy clamps and the grooves in the bed liner are the only things holding the side shelves and sleeping platform in place. You just pop off the clamps with a ratchet and the whole things lifts out / slides out easily. That’s what I did to treat the wood after construction, takes maybe 15 minutes to pop out. Very modular. It’s been in there for more than two years now, same wood, and everything is still looking good and working fine. I like it!
A dust mask or respirator will protect you while you're working, but won't do anything to protect you or your family from suspended particles still in the air. For this reason, an air filter is an absolute must if you work with woods indoors (I know of guys who sneezed out sawdust after working too long without an air cleaner). It's possible to make your own air cleaner out of box fans and furnace filters, but retail air cleaners will usually be much more compact. If you go that route, we recommend Wen 3410 3-Speed Remote-Controlled Air Filtration System for smaller shops.
I’m currently in the process of building my own small shop and I almost didn’t watch this video because I was afraid I might become too jealous. I wasn’t. It made me realize that a good shop is worth waiting for and that I don’t need to be discouraged when things aren’t moving as quickly as I hoped. Thank you for the inspiration and congratulations on your new shop, you deserve it.
But now is the time to take a step back and go on some test runs in your van. Take it out for a weekend here or there (or better yet, a week or more). Try living in it as you expect to on the road. We guarantee there will be things that worked well in your head but not so much in reality. And you’ll come up with random little hacks and innovations that will make your life on the road easier and more enjoyable.
Budget Toilet: Luggable Loo. With the Luggable Loo from Reliance Products, you can turn any 5-gallon bucket into a portable toilet for your van. Make sure to line your bucket with a trash bag or toilet waste bag - then once you’ve done your “doodie” just tie up the bag and dump it in the trash. Reliance also sells deodorant chemicals that will make it easier to live with your new roommate

Many retailers are also opting for digital signage. While digital signage and display solutions are more of an investment upfront, they allow you to quickly and easily show customers sales, new products, upcoming events, customer reviews, and more. Mira Digital Signage is a popular digital signage option for small businesses that is easy to use and offers affordable monthly payments. Click here for a free demo.
A track saw, such as those by Festool and DeWalt, makes things even easier and offers greater accuracy, but these saws are also quite a bit costlier. With a circular saw, you have to keep the shoe pressed against a guide while pushing the saw forward. Track saws, on the other hand, pop onto their tracks and need only to be pushed forward. Track saws often feature splinter guards to help reduce tearout as well for smoother and straighter edges.
I hope to build my own stand-alone dream shop sometime in 2015 – in the Texas Hill Country. I’ve not yet found the right lot, so much is yet unknown….but am thinking roughly 30′ x 40′ overall, with 10 or 12 foot ceiling. At one end, there will be a 10′ x 30′ space walled off into three spaces: a small finishing room, an office/design space, and a half bath.
Make sure to utilize the tax-specific resources provided by the SBA and the IRS to fully research your federal and state tax obligations. These include, but are not always limited to: corporate income tax, employer tax and excise taxes. For most small businesses, the right first step is applying for an Employee Identification Number, which you can do using this IRS EIN online application. Depending on your state, you might also need to register for a sales tax license.

Many retailers are also opting for digital signage. While digital signage and display solutions are more of an investment upfront, they allow you to quickly and easily show customers sales, new products, upcoming events, customer reviews, and more. Mira Digital Signage is a popular digital signage option for small businesses that is easy to use and offers affordable monthly payments. Click here for a free demo.


They’re also very energy-efficient, so they won’t be a heavy load on your batteries. The best 12V fridges use highly-efficient compressors that have very low power draw (0.7 - 3.0 Amps per hour, depending on the model and the ambient temperature). They’re also well-insulated and feature top-open lids, which prevent the cold air at the bottom of the fridge from escaping when the lid is open.
Ryan, I have the same (almost) 90’s Toyota Pickup and love it! this is so helpful, and I will definitely be using this method. my main concern is that 1/2′ plywood sagging. do you notice it sags quite a bit or does it mostly hold up? my thought was to build the vertical bins a little wider, so that the plywood bed platform wouldn’t be under so much stress. the second issue im running into is wrapping my head around trying to organize and compartmentalize things appropriately. what do you typically put where so it is easy to reach and use?

Now, we’ve already applied some resurfacer to fill up some of the deeper holes and after that dries overnight we’ll use a floor leveling compound tomorrow morning to really smooth everything out. Leveling compound is more fluid than the resurfacer so it flows into all of the low spots to even out the surface. Now, this won’t look like a finished floor when Tim’s done but it should do the job for our shop. Now, while he wraps up this Emily has a Best New Product that might be a great addition to your workshop.
The enormous range and affordability of options has provided the chance for small business owners to apply technology to their accounting, marketing, and day-to-day operations. You can spend less money, save valuable time, and gather data about almost every aspect of your business. What’s more, you can enhance the way your customers experience your store in a meaningful and cost-effective way.
According to a recent digital marketing survey conducted by Clutch, 74%of small businesses surveyed had a company website. Of the businesses that said they do not have a website, 9% said they planned to build a website in the future, while 10% said that that they are unlikely to build one. One thing is clear, small business owners are starting to join the digital revolution and are reaping the rewards in terms of increased customer loyalty, growing word-of-mouth, and most importantly, increased sales.
In every aspect when starting your small business you should be mindful of making careful, prudent decisions about the allocation of your potentially limited funds — tracking precisely the cost of goods sold (CoGS) against sales to ensure profitability. Every dollar spent is tracked and accounted for, either as an essential cost of doing business (rent, employees, etc.) or as a cost of inventory that will result directly in profit.
Hey Anthony, I guess the big question is what part of the country you’ll be sleeping in and what sort of weather you can expect… I would imagine when conditions are fine that a warm sleeping bag would be more than enough (I used to do that before I had a canopy). You’ll just have to worry about rain (snow?) and other inclement weather, but otherwise I don’t know why not. A cheap bivy sack from an army surplus store might be a good addition as well.

We have Eclipse Sunshades installed on our van. While they’re pricier than the cheap sunshades you’ll find at Walmart, they’re every effective. And since they permanently install on your windshield they’re much more compact - a big plus for living in a van. All we have to do is pull the shades across and velcro them together in the middle and we’re protected from both the sun’s rays and prying eyes.
Some people lean towards starting a small business because they seek freedom, others to fulfill their passions. Some entrepreneurs, however, are driven by a desire to build a legacy, one that that they can hand down to generations to come. Whatever your reasons are for reaching for the stars and aiming for the moon, before you start, remember, there is a dark side.
For years my wife and I had agreed that we would one day leave Oklahoma for someplace we really loved. That day finally arrived last year when we found a home in Vancouver, Washington that met our dreams. Only thing missing was someplace for a woodshop. Well, there was a place, under a deck, but not a room. So, as part of the move we had a local contractor build a room that would one day be the wood shop. Fortunately there was already a door from the house into this area, and about half of the “walls” were there, in the form of concrete retaining walls.
First things first, the machinery is going to do the bulk of your work. Hand tool purists may argue differently but how many machines do you have in your home to make things easier? The same should be true for your workshop. Yes, there may be moments when you take a deep breath at the initial investment but if you’re looking at woodworking as a prolonged pastime then the tools will last you for years to come. Plus you’re not buying everything at once. Start small and build up your collection.
Ideas on how to Improve your Workspace – We can all do with some ideas on optimizing workspace. The guide has a lot of information about how to improve your workshop to be more efficient and improve workflow. This includes the costs of improving your shop, as well as hacks you can do yourself to improve efficiency and storage space for less. You’d be amazed at what you can do with even a small room. You just need someone to point you in the right direction.
Small business owners can maintain steady, manageable growth by keeping a firm eye on costs and always aggressively looking for ways to increase sales and grow their brand. It can be difficult to empower staff and managers around you, especially if you’ve spent a long time steering the ship alone, but it is an essential part of successful expansion. Stay open to suggestions from your managers while making your current business best practices clear to them.
But now is the time to take a step back and go on some test runs in your van. Take it out for a weekend here or there (or better yet, a week or more). Try living in it as you expect to on the road. We guarantee there will be things that worked well in your head but not so much in reality. And you’ll come up with random little hacks and innovations that will make your life on the road easier and more enjoyable.
I grew up in New Jersey and now live in the Pocono Mountains of Pennsylvania. Good thing, too, because we certainly need that extra property space to store the leader of the Auto­bots.Back in 2013, I founded an Internet company called AmericasFootprints.com, which gives people an opportunity to preserve their most precious memories (in private) for the current and future generations of their family. That’s because I believe everyone has a story and I also believe everyone deserves a chance for their story to live on.
This sturdy 30-in. x 6-ft.-long DIY workbench is the ultimate in simplicity. It’s made from only fifteen 8-ft.-long 2x4s and one sheet of 1/2-in. plywood. Learn how to build a workbench by following the cutting diagrams to cut the parts: Figure B to cut the plywood tops, then Figure C to cut all the framing. Use the lengths provided in the Cutting List (see Additional Information below). You can either screw the framing together with 3-in. screws or hand- or power-nail it together with 3-in. nails. Screw the plywood down with 1-5/8-in. screws.
Store design experts agree that this area should be open, inviting, and free of overpowering displays and signage clutter, as shown in the image above. Many customer behavior studies, including those conducted by Envirosell’s Paco Underhill, support this opinion. They show that customers tend to ignore displays, signage, and even manned sales counters placed close to store entrances.
The primary investment of any garage workshop are the tools. Protect your investment with a high quality tool chest that is neatly organized and (if needed) lockable. Look for smooth rolling ball-bearing drawers, and if you’re buying used, beware of rust and dirt that could corrode your tools. We recommend installing drawer mats to keep your tools from sliding around. They also give your tools a softer cushion to rest in.
First, as most eager but hesitant potential hobbyists realize, you have to be much more thoughtful about tool selection. A 14-inch band saw? In your dreams. In a small space, you're going to have to rely on bench-top or handheld tools. (It is possible to forgo power tools entirely in favor of hand tools, but that's a discussion better left for another time.)

In the case of this guide we’re going to use an area that’s a little larger and show you the tools you’ll need to set up a small workshop in just a 10×8′ shed. The list of tools is generally considered enough to cover the most common tasks. Everyone will have their own opinion on this and naturally it depends on the work you’re carrying out. But the tools on the list should be enough to strike a productive balance between having enough to get the job done and not being caught short so you’re having to borrow a friend’s. Invariably people grow their collection of tools as the jobs dictate. You don’t necessarily have to buy everything at once, just build up your list as you need to.

Use this model whether you’re looking to turn your team of one into a two-person shop or you’re hoping to build out your marketing department to a team of 10 or more.  By focusing on the skill sets your business needs to be successful — rather than on the resume of an individual candidate — you’ll ensure vital functions are covered while expanding in a sustainable way.
×