Nice video Marc. I did enjoy seeing the details of the construction process. Since becoming a homeowner and a woodworker (something that happened literally at the same time) I have become fascinated with anything having to do with the process of building and finishing and all the details in between. I thought of an off the wall question while watching this video and that is do you write yourself any kind of script for any of your monologues and/or narrating or do you just have a general idea of what you want to say and wing it?
To help, I’ve pulled together 40 small business ideas for anyone who wants to run their own business. Use these as a jumping off point to spark your own unique ideas.And if all else fails, live the words of Airbnb Co-founder Brian Chesky: “If we tried to think of a good idea, we wouldn’t have been able to think of a good idea. You just have to find the solution for a problem in your own life.”
You’ve probably considered what goods and services you’ll be offering, but have you researched the cost of sourcing your raw materials? How about the cost of turning those raw materials into your finished product? Do you understand how much you’ll need to charge for your products/services in order to cover the expenses of renting a space, paying employees, leasing equipment, and paying for permits and regulations? Moreover, have you considered if the answers to these questions will provide the kind of operating margin you’ll need to pay yourself a salary?
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?
These new companies no longer charge crazy upfront fees, moving instead to what’s known as a “SaaS” monthly subscription model, often with a free trial period. Therefore, the risk of trying a new product is greatly reduced, as you are required to pay little or nothing upfront. Even Microsoft announced in 2015 that they would be moving their flagship product, Microsoft Office, to this pricing model.
Once you’ve got that, you’ll want to familiarize yourself with your tax obligations as a employer, including providing required employee benefits such as social security and workers’ compensation. As an employer you are also responsible for withholding federal and state taxes from your employees’ paychecks. What’s more, you are obliged to ensure all withheld tax is forwarded to the government within a defined time frame (usually a matter of days after the paycheck was issued). Failure to do so can result in a fine.
Many small businesses in New York and New Jersey were forced to close following Superstorm Sandy because they lacked the insurance that would have gotten them back on their feet. That part is well known. What’s less well known is that this lack of proper insurance, coupled with the lack proper legal incorporation, resulted in many entrepreneurs seeing their personal assets come under threat.
Hey Marc. Just wanted to send a huge congrats your way for this milestone. It’s been pretty awesome to follow you on this journey since I discovered you on iTunes some 5 or 6 years ago. Mad props for what you’ve done to grow and enhance the online woodworking community as well as woodworking as a whole. I think with todays generation (as well as future generations) growing up behind a computer, the work that you and the rest of the podcasting world do will go a long way towards bringing new people into the craft. I hope that in the future you are able to start a series of videos showing how you introduce Mateao to the craft. Keep up the awesome work!
“Just past the Decompression Zone is where you place fixtures known as Speed Bumps. These merchandise displays work much the same way as speed bumps in parking lots work—they slow customers down. They also grab their attention and introduce them to the cool product for sale in your store. Be sure to rotate the product on your Speed Bumps at least once a week.”
Congrats on a very nice shop. Great video to capture the moments. I too have moved around from place to place (in the Army) and I have to make my shop work with what they give me for a house. I’ve done work out of a tool shed and I make it work becuase I just love working with wood. Once I retire and settle in one spot I hope to get something similar to yours. I’ve picked up a lot of ideas watching this build.
These basics are going to set you back about $180, leaving you with $320 left to work with. We are going to be leaving behind two hand powered tools from the $250 shop and upgrading to powered alternatives. This should lead to more consistent results, more enjoyable builds, and increased efficiency. These are all goods things that only the biggest fans of The Woodwright's Shop would argue with.
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.
The idea behind this segment is to find products that solve common problems we face as homeowners. And the cool thing for me is that I get to learn a lot about the professional side of home improvement. Well, I’m looking for do it yourself items. For example, do you know why carpenters pencils are shaped differently than ordinary round pencils? So they won’t roll off of an inclined surface like a roof. And the larger size allows you to draw fat lines as well as fine ones while you’re marking lumber.
In general, a table saw requires at least eight feet in front and behind to accommodate standard sheet goods and four feet side to side. A work table should provide four feet clearance on all sides, and pathways between tables, benches and storage units should be three feet wide. Proper clearance will allow you to move about with ease while you work.
If you’re starting a small business for the first time, your new best friends in life should be your bookkeeper and your accountant. The former should be engaged for a few hours every week (especially at the start of your business) to compile your books and ensure your records are maintained to the required standard, while the latter will help review your tax situation and prepare financial statements. Both can also be used as invaluable sources of actionable intelligence about ways to reduce costs, increase margins, and generally streamline your finances.You’ll be able to spend all that time you save doing what you love and thinking strategically about your business.
Both of those broader lenses are still useful ways to look at app costs, but costs can additionally be broken down by app type and the features associated with them. Also, two years in technology is a very long time. So, we will start by looking at what's changed. We'll then move on to looking at app costs based on the different kinds of apps in the market.
I will challenge myself to use this space creatively to tell the story of each year. Ultimate Small Shop Guide When I started thinking of all the possibilities, it really inspired me to start getting organized and collecting some great memories. And don’t limit yourself to just photographs, your scrapbook pages can really be accentuated by other types of memories. Here are some ideas to get you started. Looking for some great Halloween crafts for your Halloween party, haunted house, or just for trick-or-treaters? A fun craft is something that can keep you occupied for hours on end especially if you enjoy it. Here are some ideas that will hopefully set you on your way in preparation for your next Halloween…If you live in a house that has a wood-burning fireplace, then chances are that you have access to tree stumps or large blocks of wood. These are great for making stands for your Jack O’Lanterns. You could use a chisel to slightly hollow out the middle of the stump so that the lantern can sit stably or simply use some Blu-Tack or Velcro. Get some small or mini pumpkins and hollow them out to use as candle holders. If open flames are out of the question, you can put glow sticks instead of candles for a different effect. You can carve, draw or paint faces on the pumpkins too. Instead of pumpkins, you could use apples as well. Ensure that you choose apples that sit well and flat or cut off the bottom to make a flat surface. Remove the stem and cut around it deep enough for the candle. It is best to use taper candles for a better fit. Get a large pumpkin and hollow it out to use as a salad bowl or to serve fresh vegetables. Cut off the top, hollow and clean it out and let it dry in the sun. You could carve a jagged edge design on the top. Do the same with some smaller or mini pumpkins to use for dips or salad dressings. Make a scarecrow in your front yard. You need two pieces of wood, one put into the ground and the other nailed across for the arms. Use old jeans and a shirt and stuff them with newspaper. Add some straw for effect. You can use a plastic pumpkin for the head and draw a face on it. This makes a great Halloween craft for the whole family. Tie glow sticks to helium balloons and let them float around the house. Ensure that some string extends below so that people can easily reach them if they get stuck somewhere or simply to play with them. Use publicly available Halloween fonts on your computer to make banners or invitations for your party. It’s a fast, easy Halloween craft you can use instantly to enhance your party theme. Ultimate Small Shop Book Print them onto inkjet iron-on transfer paper and put them onto your favorite t-shirt or Halloween outfit. A visit to your local hardware store for some basic items and you could make your own tombstones transforming your garden into an instant graveyard. Paint them grey to resemble stone. Do not worry about the details as it will be dark, but do put on some exciting or scary wordings. By the way, your local hardware store is loaded with Halloween craft ideas.
For this reason, on-demand applications can get very time intensive. Consider building on an on-demand platform on both iOS and Android. A typical app on a single platform would require one experience to be designed. In the case of an on-demand app on two platforms, four would be required. That's one experience for each user in the system (i.e., two per platform) plus each platform (i.e., four in total). On-demand apps also often require a number of administrative interfaces. The only way to reduce the cost of an on-demand platform is to streamline the typical feature set included. For example, you could remove in-app payments or administrative interfaces while doing market validation.
In my shop I use a large number of Jorgenson F-clamps. I use many of the small clamps, the most useful being the 12" version. Large F-clamps are essential for cinching down parts on bending forms. I also like aluminum bar clamps because they are much lighter than steel clamps, and therefore less likely to damage a carcase should you bang into the wood during a glue-up.
It's a well-known fact in the retail community that in North America, 90% of consumers turn right unconsciously upon entering a store. The first wall they see is often referred to as a "power wall," which acts as a high-impact first impression vehicle for your merchandise. So, be sure to give it extra special attention in terms of what you choose to display and how you display it.
Woodworking isn’t just an overnight hobby, for most it’s a fun pursuit that lasts a lifetime. As your skills develop, the workshop becomes a place not just to build but to repair along the way. In a world where people are strongly influenced by consumerism, there’s a tendency to revert to a throwaway culture. But if you can fix before throwing away, then your tools start to make a return on their investment and have a bigger impact.
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.
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.
Plywood comes in several different types, the most common being pine and lauan. We used ¼” lauan plywood for the walls in our van. Lauan is cheap, it bends easily, and in our opinion its grain pattern looks nicer than pine. Hardwood plywood like birch costs more than pine or lauan, it weighs more, and it’s more difficult to bend. This type of plywood is a great option for furniture, but we think lauan is a better choice for your walls and ceiling.
Gone are the days when you could apply for a building permit based on a sketch on the back of a cigarette package. In provinces like Ontario, design work must be undertaken by an insured designer registered under the provincial building code or by the owner of the property. You can do the drawings as the owner if you can demonstrate effectively through your drawings that your structure will comply with the technical requirements of the building code in a clear and concise way. You will be required to submit detailed drawings, including the following:
So you stayed up all night, thought long and hard, and decided you want to name your designer sunglass hut The Sunny Rabbit. We don’t blame you, it’s a pretty cool name. Most would tell you that the next and most logical next step is to register your business as a DBA or at the state level. But, we’re here to tell you that’s wrong! Here’s why. We just talked about how the right business name can make or break your brand identity and in today’s digitally connected world, securing your brand identity across the web is equally as important.
Now we’re using a lot of recycled materials in this project including some kitchen cabinets that were removed some a kitchen renovation project a few years ago and you know this is something that a lot of homeowners do if you’re real careful about removing the cabinets from a kitchen renovation or a bathroom renovation you can use them in a lot of ways around the house and certainly works good for a workshop like this.
I added an accessory mitre gauge to the saw for accurate cut-off work. The Incra Miter1000 showed up under the Christmas tree after the Lee Valley flyer photo with part number mysteriously ended up on the fridge door with a circle around it last December. A great addition, the Incra is light, accurate, and provides adjustable stops for cutting multiple parts to precise length. I will also make a plywood cut-off sled for the saw for squaring larger panels.
It’s no accident that some of the best marketers in the tech startup industry are known as “growth hackers.” Think about your target demographic (e.g. students, local mothers, teenagers) and find any way you can to get the word out to them. Email mommy bloggers, hand out free samples at the local college, or write your website on all the napkins you hand out with your food. There is no substitute for action.
You’ll want to consider your insurance needs both in terms of the potential frequency of claims against you and the size of the potential liability. You’re also going to want to think carefully about your assets and what you can and cannot afford to lose. A good rule of thumb is to always buy insurance if you can’t absorb the loss of a particular asset without dramatic effect.
I have to agree with these folks....I have a two car garage/workshop that needs to double for ski waxing, bicycle storage and house repairs. I have a Hybrid Table saw, 6" jointer, 13" planer, a shopsmith that serves as drill press, lathe and band saw, dust collector, two work benches...and everything has been designed to roll away, under, above something else...I can set up and tear down in about ten minutes, because at the end of the day, I always have to park two cars in the garage. Always great to look at the great dream workshops, but thought that they should do an article on guys like us, that have to fit several hobbies into one spot. I seem to spend a lot of time planning, and re planning the garage space to try and fit the next tool. I dream about the day I will get a place that I can dedicate to my tools, but until then, I just buy things with wheels.
I’m for using what you have got as well but if what you’ve got just really isn’t up to the job it doesn’t hurt to consider switching to something else. Not sure what year your Prius is but if it is fairly new I imagine you could sell it for much more than what an older reliable 4 cylinder Tacoma would cost you. My 2wd Tacoma manual trans gets 30mpg pretty easily and I’m never tempted to get a hotel. The price difference in the two vehicles alone may well make up for the extra cost in fuel and potentially tempting lodging plus even in a 2wd pickup you will have a much easier time going off the beaten path then you will in a low hanging passenger car.
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.
Whether you end up looking at self-checkout counters, fancy lighting systems, special refrigerated cases, or any of a countless number of options, never forget that these are only tools to help accomplish your main goal. Your store needs to create an environment where customers want to be, where they feel comfortable and appreciated, and where that experience will prompt them to purchase (and hopefully encourage their friends to do the same). Equipment and technology decisions should always be made with your customers in mind.
I will also typically secure those sorts of items under my locked platform if I am gone for a few days in the backcountry, because in reality I could probably care less if someone broke in and stole my box of food, versus someone who stole my clothes or expensive down jackets, which would be much more problematic (and costly) to replace on the road.
Hey, I hope we’ve been able to share with you some ideas that you can use if you’re thinking about building a workshop or any type of hobby room or just about any room in your house that you can get this kind of enjoyment out of. We have a lot more details on this shop as well as other things you need to consider if you’re building a shop on our website at todayshomeowner.com. hey thanks for being with us.
If you are looking to sell your business, it is important to engage a lawyer who is a business specialist to ensure you gain the best possible valuation. A small business is valued by assessing the potential ongoing income from the business over the coming few years. Normally this means that a business will be valued at three to five times net revenues, which can present a potential issue for particularly tax-savvy small business owners. Remember that every time you write off an expense against your business, you are lowering the net margin of the business. So, that dollar you saved by writing off the expense could cost you three to five dollars on the valuation of your business.
Cutting thick, rough, warped hardwood can be cumbersome and dangerous. To provide some control over this process, I built a chop-saw station with wings that extend to support long boards. Again, anytime you make something that consumes shop space, make a shelf underneath to gain storage. The chop saw sits in a recess so that the deck of the saw is at the same height as the workstation deck.
Congratulations on your new shop and all your success. I’ve watched all of your videos and someday if I have the money I would love to join your guild. I started a small workshop in my grandparents basement and someday I hope to start a small bussiness. Your website and videos have been the most informative and the most inspirational to me as a beginning woodworker. Thank you for sharing all your tips and hard work with people like me. I look forward to watching your videos for years to come.
It’s also a good idea to cover up any exposed insulation or open stud bays so that you have a flat surface to mount stuff on the walls of your workshop. Here we’re attaching plywood panels to the metal framing but in most garages or sheds you can just nail them directly to the studs. We’re also getting a jump on organizing by putting in a hose reel next to the location we’ve chosen for our air compressor.