At a certain point, you may decide that it is time to move on from your business. Whether you’re winding down a business that just didn’t work out, retiring (and maybe opening that beach bar in Belize), or cashing in on the effort you’ve put into creating a lucrative enterprise, you will hopefully have established your end goal well in advance so that the time to strategically exit will be clear.
Tight control of inventory, while not a particularly glamorous part of owning a small business, is therefore one of the most important ways you can impact profitability. The good news now is that there is an array of technology available that can make this whole process much smoother, including sophisticated forecasting tools that will help you predict your required inventory levels for each day based on past sales, weather records, and many other factors.

At some point in the process of starting a small business, it’s pretty much guaranteed that you will hear the following statistics (or variations thereof): 25% of new small businesses close their doors within the first year and 60% are gone within three years. The exact numbers here may vary, but the message is all the same: be afraid, be very afraid! 

My shop ended up being 23 x 19 feet, for a total of 437 square feet. I put my wood rack in the basement, but out­side the walled in shop area. To keep the dust in the shop, a three part strategy was employed. I have a dust collection system, an air filtration system and a shop vacuum for cleaning dust out of machinery. I put up new walls, installed new electrical service, lighting, and two access doors for ease of materials move­ment. The shop includes two windows so that I can enjoy natural light, and not feel like I am squirreled away in the basement.

But if you want to do a lot of stealth camping in cities, a cargo van is your best option. There are so many of them on the road that people just don’t notice them, and they have a lot of floor space to play around with your perfect layout. But if you don’t plan on stealth camping and you value storage space and headroom, there may be better choices.
Are your table saw accessories where you need them—when you need them? Follow reader D. E. Warner’s advice: Attach pegboard panels to the stand to hold the wandering herd of push sticks, blades, throat plates, wrenches and jigs. On an open metal stand with angle-iron legs, drill holes in the legs and bolt the pegboard in place. Here’s another super storage project using pegboard.
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.
Best-selling products should be placed in Primary Zones located toward the rear of the store, ensuring that shoppers will pass by Secondary Zones featuring other merchandise, increasing their exposure and sales potential (it’s why milk is always in the back of the grocery store!). You can also feature several ‘best sellers’ in window displays for exposure.”

GoWesty, a well-known Vanagon restorer and parts maker, recommends not buying a Westy unless you have at least $25,000 to spend overhauling it and replacing aging components. Even if you find a cheap Westy hiding out in a garage somewhere, be prepared for frequent breakdowns and expensive mechanical headaches unless you spend the cash to fully rebuild it.

You can see in this step how I notched each rafter to fit more securely to the walls.  I also used a metal hurricane strap to secure each rafter to the wall.  Even though this was not required by code, I felt my tools were far to valuable to be left to chance over such an inexpensive solution.  The walls are a simple board and batten system.  The 1x3 trim covers the joints of the 4x8 OSB.  They make much more high quality sheets goods to use as siding.  However, the cheapest I found was $35 a sheet and the OSB was about $5 a sheet.  I sealed the OSB and painted it with exterior paint.  If I run into problems in the future, I can just add a second layer of more durable material or simply have siding installed.  It has held up very well over the past couple years and I see no need to spend more money on it now.
Here’s a traditional Swedish farm accessory for gunk-laden soles. The dimensions are not critical, but be sure the edges of the slats are fairly sharp?they’re what makes the boot scraper work. Cut slats to length, then cut triangular openings on the side of a pair of 2x2s. A radial arm saw works well for this, but a table saw or band saw will also make the cut. Trim the 2x2s to length, predrill, and use galvanized screws to attach the slats from underneath. If you prefer a boot cleaner that has brushes, check out this clever project.
I got extra batteries for my cordless tools, but I could never remember which battery was newly charged and which was run down. Now I can easily tell them apart because I painted a number on each battery with my kid’s white nail polish. It dries fast and is— you got it—“tough as nails.” — Tom Baker. Plus: Learn how to double the life of your car battery.
A great supplier will provide the raw ingredients of your success — often literally. What’s more, they’ll deliver them on time, every time. And they’ll always deliver exactly what you ordered, no more, and no less. A large part of the process of inventory control is ensuring that you are paying for exactly the inventory that comes through your door, and not a penny more. Even great suppliers, however, are looking for the highest price possible for their goods, so once you find them, make sure you’re ready to negotiate!
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.
Can you outfit your shop with all the necessary hand tools for just $100? Christopher Schwarz says you can, and he’ll show you how to do it in this article. Take Christopher’s shopping list to the flea market and come back with everything you need for less than you’d spend on one new hand plane. You can do all your woodworking with hand tools, and this article from Popular Woodworking will equip you with everything you need.

Calculating the size of your desired parking lot is easy. The rule of thumb is to have a parking spot for every three customers. Determining traffic is trickier and potentially more lucrative. To help, we wrote an article on how to calculate your desired foot traffic. If you want to calculate your desired vehicle traffic, you can refer to our article on how to choose a location for your restaurant.
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.
Commercial law exists for one simple reason: money and trust have a long and storied history of mixing like oil and water. Throughout the millennia-long history of commerce, aspiring businessmen and women have been lied to, cheated, scammed, cajoled, bullied, and otherwise disconnected from every single dime they had by unscrupulous suppliers, greedy investors, and dishonest business partners.  
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.
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. 
Shop layout is all about making the best use of space. Place your machines so that you have adequate “safe space” that you need to work around them. The “buffer area” beyond that is the amount of room you need to run large stock though a given machine, keeping in mind that buffer areas can overlap between machines. If you want to get more organized, buy some 1/4-inch squared paper, make scale models of each machine including the safe space around each, and place them on your model shop layout. Remember that buffer areas need to be long enough to put an 8' sheet through a table saw, or a 6' plank through your planer, for instance. I raised my planer, so that I can use the area above my router table to pass long planks through the planer – all it takes is some modelling, and a little shuffling, and you will find the layout that works for you. Each space will have chal­lenges; I had the area under the stairs that was wasted space, so I installed the dust collector there.
Assembling parts is easiest when you can work at a comfortable height. But the height of that working surface depends on the size of the project. These ABC boxes, so called because they’re made with sides of three different dimensions, make a variable-height assembly table base. By rotating the boxes or standing them on end, you’ll get three different working heights.
Enter the garage heater. These space heaters are specifically designed to warm up wide open areas and to function under much tougher circumstances than you’re likely to find in the average house. A well designed garage heater will offer at least 5,000 watts of heating power — enough to warm 750 square feet of space. A smaller heater might take off a bit of the chill, but to really warm your workshop — and keep it that way — you’ll need a heater of this size. 

I have a plastic bed lining on my truck, which also covered the back of the tailgate… I just popped the screws off, took off the plastic liner and drilled holes in the sheet of plywood to match those used by the plastic tailgate cover. Sorry if that doesn’t help you with your setup. But I’m sure you could just drill your own holes in the metal tailgate. Use the plywood cover as a guide for your screw holes…

However, instead of sharing a remodel update this week I thought I would do something a little different. This little voice in my head (sometimes called my husband) has been nagging me to add videos to my blog. I did a couple 1 minute hands-only videos a few months back, but I have been seriously afraid to get in front of the camera. The nagging voice finally won out and I bit the bullet and got in front of the camera for you today! I decided to do a video for today’s post instead of just writing out a boring list. And while editing the video I came to the realization that I am very expressive when I talk. Wow! I use my whole face when I talk. I guess that’s what people meant when they said I am dramatic. Oh well, this is me so I hope you enjoy today’s video about how to build a woodshop on a budget.
I wouldn’t give up on Craigslist or garage sales.. For around $1K or less, you can pretty easily find the four big ticket items (TS, BS, Jointer and Planer) and have the extra $2K to spend on accessories, material, DC, other goodies, etc. The key is patience and persistence, and if applied correctly, you can have a fantastic setup for very little compared to purchasing new. If you are setting up a business, you don’t usually have the time to scour for good deals, but for a personal shop, there is no pressing need other than that itch to get something done.
So, if you’re looking for a retail or restaurant location, you’ll want to figure out how many customers you expect to have, on average, and multiply that by 15 square feet. If you’re looking for an office space, you’ll want to forecast the desired size of your workforce and multiply it by 100 – 150. This will give you the size of the commercial space you need.
As the old saying goes, the only two inevitable things in life are death and taxes. Almost all small businesses in the United States are subject to some form of corporate income or gross receipts tax on a state level — that is, unless you happen to be a lucky inhabitant of the great states of Wyoming, Nevada or South Dakota. Actually, even these states will require you to pay state workers' compensation insurance and unemployment insurance taxes. Oh, and of course every small business in the country is subject to some form of federal taxation.

The tablesaw—This tool is the backbone of nearly every shop, and for good reason. It allows unmatched precision in ripping parallel edges and crosscutting at a variety of angles. Most woodworkers find it crucial for the basic milling of stock. It is also suited to many joinery tasks, easily producing tenons, box joints, and—with a reground blade—the tails for dovetail joints.


Amenities and Services – You’ll want to understand the full range of amenities offered by a commercial space. These amenities and services may include such things as communal rooms, free Wi-Fi, loading bays and docks, dining options, outdoor space, sewage and utilities, on-site security, and more. The zoning of your business will often dictate the type of amenities and services you require.
Having a plan of action is key to learning how to start and run a successful small business. Whether you are looking for funding from a bank or angel investor, or are lucky enough to completely fund your venture on your own, an articulate and well-thought-out business plan will help you define what your business stands for and what it intends to become over time. As the age-old saying goes: “A goal without a plan is just a wish.” Don’t put your business idea in the hands of fate. Plan thoroughly, give yourself some benchmarks for success and be prepared to innovate as you go.
For the large square windows near the tailgate I just used those big “magic auto shades” like these, which fit perfectly to cover up those side windows and the back window by the tailgate (I had four in the canopy) and another set up in the cab for my actual window. As for the longer side windows I just used a USPS box, haphazardly stuck up against the window. Nothing fancy.
Sadly, that’s most of my power tools and shop accessories, but it’s a growing collection. Compared to all the money I’ve wasted on small electronics and computer junk in the past, I’d say this has been, and will continue to be, a much better investment. I just wish I had come to that realization back in college, when I was probably spending $500-$1000+ a year upgrading my computer.
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.

We have a 5-gallon clear plastic Hedpak container that our sink drains straight down into. We really like this container because it’s clear, which means we can easily see how full it is. With 5 gallons of gray water capacity, we only need to empty it every 3-4 days. Dumping is easy - just remove the tank from under the sink and pour it out into an RV dump facility or other approved area.

Luckily, recent times have seen a revolution in small business technology. The advent of cloud-based technology has made it possible for a small startup company to build a product and have it used (and paid for) by retailers and restaurateurs all over the world. As a result, the number of companies targeting their innovations directly at you and your small business has exploded, leaving you with more choice and at a better prices, than ever before. For those just starting a small business, this is great! Here’s what else you should know.


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There’s a lot of space above the shelf in most closets. Even though it’s a little hard to reach, it’s a great place to store seldom-used items. Make use of this wasted space by adding a second shelf above the existing one. Buy enough closet shelving material to match the length of the existing shelf plus enough for two end supports and middle supports over each bracket. Twelve-inch-wide shelving is available in various lengths and finishes at home centers and lumberyards.
For example: Imagine walking into a slightly weathered coffee shop on Main Street, middle America. It’s charming in its own unique way. You sit down to enjoy a cup of coffee as you skim through the tabletop jukebox. Then the bill comes. “$10 for a cup of coffee? In this rundown joint!” This might be what comes to mind if the price of the service doesn’t meet the expectations you had when you first walked into the business.
It all depends on what you care about most. Putting your kitchen by the side door could simplify refilling your water and propane tanks. Putting it behind the driver’s seat creates a nice, open feel in your van. Right behind the cab makes your van more private, while all the way in the back is a different twist on most van layouts out there. Some vanlifers even have kitchens that pull out of the trunk on drawers for cooking outside.

If you want to run a business operated by yourself and more than one employee, you may run into zoning issues if your location is zoned for residential use only. It’s common for municipalities to allow and encourage home-based busi­nesses but there will likely be a maximum area that you will be permitted to add for business purposes. If you try to build a shop that will contribute noise and traffic (from employees or deliveries) to an urban neighbourhood, you run the risk of run­ning into opposition from neighbours concerned by the impact your shop will have. Your municipality will have planners with whom you should consult as you begin to define the possibili­ties that your property will allow.


Sometimes you just know it when you see it. So always be prepared to capture pictures and take notes when you see store features that you’d like to try out yourself. And don’t forget the many online resources out there. Settle down with a cup of coffee and scroll through Pinterest for a treasure trove of store design ideas. Here’s a great board to get you started. Or get inspired by the many hip retail store designs on the Retail Design Blog.

To mark your cut for the bottom angle on the speaker stand legs, lay the board assembly on the plywood template again, and use the plywood edge to scribe the non-angled end of the board assembly. Be sure to consider which wood species (light or dark) you want on the inside and outside of your finished speaker stand legs, and keep that in mind when making your angle cuts.
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