There are a variety of structures to choose from when starting a small business. However, the most common business structures include sole proprietorship, partnership, corporation, and S corporation. The structure you choose determines which income tax return form you have to file, which, you guessed it, dictates your legal and financial responsibilities as a small business owner. Because of this, you’ll want to make sure you understand the options that are available to you and weigh the pros and cons before incorporating your business.
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.  

As always, great article! While my dirtbag adventure will likely only be about 6-7 months, I am starting to wonder about logistics. You mention that most people use the automobile they have. I drive a Prius. Not ideal for sleeping in, but I’m a pretty content ground dweller. I know that long-term I may start to question this. Here’s the proposition I’m considering: by saving on gas (45-50 mpg), I can occasionally cough up the money for lodging when I feel the need for added comfort. I can definitely do the number crunching, but I’m wondering if you’ve encountered people doing this or did similar analyses of your own at any point. I’d love to hear any insights you may have on this.
When it does come time to choose a long-term space and negotiate a deal, it’s important to remember that there is more to discuss than just the monthly rental rate. Subjects you’ll want to raise include the proposed length of your lease and options for renewal, responsibility for ongoing maintenance and repairs, payment of utilities, and obligations around property insurance. Parking rights are also essential for many, especially businesses located in a small shopping center.
Love the local history of your city or state? Consider becoming a tour guide. Sure, you’ll need to conduct tons of research to be able to do the job well, but that’s half the fun. Set yourself apart by offering tours that speak to a specific niche of your community’s history. Some tour guides offer historical walking tours of their town’s most haunted spots while others curate guided foodie tours for guests to get a true taste of the city.
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.
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A table saw is one of the most important tools in the workshop for its ability to make long straight cuts. It will also cross cut with ease and if you don’t want to cut clean through a board you can adjust the height of the blade to make a dado or rabbet. A handy feature with the BTS10ST table saw is the vertical stand which also saves on storage space.
Ok, the leap from $1,000 to $2,500 is a big one.  I certainly didn't make it at one time.  It took me years.  But I know folks that decided they wanted to get into woodworking and dropped at least $2,500 getting themselves outfitted.  When you do make the jump, the thought process becomes much less about making sure you can get the job done and becomes more about having quality tools to get the job done.
Using six pipe cleaners, you can make your own skeleton. Bend one pipe cleaner into two for the backbone. Twist another around the bottom of the backbone to make into the legs. Do the same for the arms. Join two pipe cleaners and twist them around the backbone leaving some space forming a ribcage. Ultimate Small Shop Woodworking Twist the last pipe cleaner for a head and glue on some eyes. Hang with a rubber band for a bouncing effect. Your kids will love making Halloween crafts with pipe cleaners. But be careful when cutting and keep them out of their mouth. Going trick or treating? Why not make a special jug to collect candies? Cut off the top two inches of a gallon milk jug. Soak to remove any labels. Paint orange. Once dry, paint or stick on eyes nose and mouth resembling a Jack O’Lantern. Use fluorescent paint for a nice effect. The jug can be kept for future reuse. Using glue and food coloring, you can make a see-through painting. Paint a Halloween image onto a piece of plastic wrap. Before the mixture dries, put another piece of plastic wrap on. Cut it out and hang it in front of a light source for a see-through effect. You could also frame the plastic pictures using wood or cardboard if you want them to be longer lasting. Make some hand printed spiders. Ralph Chapman Ultimate Small Shop Apply black paint to your palm and 4 fingers leaving out the thumb. Place palm onto a piece of paper. Turn the paper 180 degrees and print again making sure the palm overlaps. Add some wiggly eyes using either paint or sticks. This is suitable for even 2 or 3-year-olds. Make your own blood. It is less expensive than buying ready-made blood from the Halloween shops. It’s not difficult; all you need is Karo syrup and food coloring. While you’re at it, why not make some slime using glue, water, and borax powder. This is an advanced Halloween craft, so take your time and be careful. Using apples, you can make dried, shrunken heads. Peel the apples and coat with a mixture of lemon juice and salt to prevent browning. Carve out a face of eyes, nose, and mouth. Do not worry about the finer details as they will probably be lost when the apple dries. You can use whole cloves for the eyes and rice grains for the teeth. Let the apples sit out in a warm place for about 2 weeks. If you don’t have 2 weeks, you can speed up the drying by putting them into an oven on the lowest temperature for about 45 minutes and then dry out naturally for the next 2 days or so. Ultimate Small Garage Clock Shop Once dried, they shrink and deform into weird and scary looking faces. Says Angie Maroevich, “You don’t have to spend a fortune on commercial Halloween supplies to have a great party.
There you have it! Now you have no excuses, you must start planning right away. Please remember this can take a lot of time and a lot of work, so be sure not to stare at your task list in its entirety too often. I don’t want you to get overwhelmed knowing all the things you must get accomplished. Just focus on the goal that is the most important and attack it, task by task. Need help organizing these goals? Check out my Goal Planning Worksheets here:
Every woodworker (I think!) dreams of someday being able to construct their own dedicated woodworking space. To date, I have bounced around from garage to garage (about 4 times), making the best of a crappy real estate situation. And while I have been lucky to have fairly large spaces to work in, I still daydreamed about the possibility of designing a shop from the ground up, with both woodworking and video production in mind.

Well I’ve been kind of fighting that, because I wanted to keep it open to where you could have the flexibility of moving things in and out. It probably makes sense. Actually have another old set of cabinets I thought about putting here, maybe put some really good casters on it to where you could keep it here. I’m also, wanted to be able to store like drum sander, other things that can go under it and then you can take those out and put them on this.
However, another critical component to small business success is being self aware. With a variety of tools at your fingertips, tracking basic accounting can be fairly simple. Still, in order to be strategic about how you spend your money, properly leveraging these tools will still require a little bit of legwork. What used to take you eight hours might now only take one hour. But if you’re not willing or able to run through your financial tasks on a regular basis, bringing in a bookkeeper or accountant might be your best option.
Well I think I’ll have plenty of light once we get all of 24 bulbs in place. I’m really glad I saved those old fixtures. Hey another thing we’re reusing, and I’m really glad I saved, is these old cabinets that we took out of a kitchen renovation a couple of years ago. This will be perfect to serve as our base cabinets so that we can build our sturdy countertop on this side of the shop.
This is the one tool in the shop that provides the greatest opportunity to save money, if you are willing to purchase a well made, light duty machine, and take lighter cuts. In the past I have used General 14" planers that can hog off seri­ous cuts all day long. The problem is that these professional units cost over $5000, and they would crush my buddy as we haul them down the stairs (note: don’t be the guy on the bot­tom). After doing a fair amount of research, I purchased the Dewalt DW735 13" thick­ness planer. The unit came with a good manual, and was in a good state of tune. It is light enough for me to carry around the shop with­out excessive grunting, so that made it very simple to install. The planer has a sig­nificant internal fan-assisted chip ejection system. The chips are catapulted out of this planer, so have your dust collector running before you run stock through it. I now have to make more cuts at a lighter cut depth, but I saved about $4500, which makes my budget happy. The planer makes clean cuts, and has two speeds. I don’t see a reason for the two speeds for my type of work, but there is a faster feed rate should you choose to use it. Knife changing is simple and quick.

A grid floor plan, also called a straight layout, is a very efficient use of both floor and wall space. With fixtures and displays running parallel to walls, a grid floor plan maximizes every inch of available floor space, including the corners. Grid layouts are easy for customers to navigate and for store owners to categorize. Plus, they offer plenty of end cap and feature wall exposure for promotional items and seasonal products.
The on the go mode is ideal for when I’m just driving all day and need to pull over and get some rest, be it in a parking lot, a residential cul-de-suc, or wherever. I usually toss a couple of items in the cab of my truck and crawl into the “coffin” sleeping arrangement for a quick night’s rest, but I can also crawl in without placing anything in the cab.
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