Before you bid in an online auction, check the site’s rules of operation. At some sites, a winning bid is a binding contract, which can be a problem if you can’t inspect the tool before you purchase it. Don’t forget shipping costs. In some cases they can exceed the cost of the tool. Also, make sure the tool you’re buying will run on the power you have in your shop. Many former industrial tools run on 240v single-phase power. If your shop doesn’t have 240v service, you’ll need to factor in the cost of upgrading before deciding to buy. You don’t want to saddle yourself with a tool you can’t use, no matter how good the price.
Other important power tools—A good jigsaw will help get you through many tasks, particularly cutting curves, that would otherwise require a bandsaw. Look for one with blade guides that keep blade deflection to a minimum. A handheld drill is also essential. A quality corded drill is much less expensive than a cordless one, and will never leave you without a charge. Also look for a quality random-orbit sander with a provision for dust collection.
Evan Tarver is a staff writer at Fit Small Business, specializing in Small Business Finance. He is also a fiction author and screenwriter. His past experience includes investment banking, managerial finance, and technology. When he isn't busy scheming his next business idea, you'll find Evan holed up in a coffee shop in his hometown of San Francisco working on the next great American fiction story.
The space behind a door is a storage spot that’s often overlooked. Build a set of shallow shelves and mount it to the wall behind your laundry room door. The materials are inexpensive. Measure the distance between the door hinge and the wall and subtract an inch. This is the maximum depth of the shelves. We used 1x4s for the sides, top and shelves. Screw the sides to the top. Then screw three 1×2 hanging strips to the sides: one top and bottom and one centered. Nail metal shelf standards to the sides. Complete the shelves by nailing a 1×2 trim piece to the sides and top. The 1×2 dresses up the shelf unit and keeps the shelves from falling off the shelf clips.

After a year I am still arranging my MAN CAVE . Mine is 2,400 square feet with a 500 sq ft garage and 500 square for room upstairs that serves as gallery of my photos (yes I have several sins) and a conference room as well as any finished projects from the shop. I teach, probono middle school boys and girls in what the school calls an enrichment program. There I have named this the Water’s Edge Woodworking Academy. Actually it is open to my neighbors to build their projects when I am present. I am about one chapter ahead of them. When I told my wife last week I was thinking of an addition she told me “”over my dead body” Taking up extra room are two cnc routers … a Shopbot Buddy Alpha and a Legacy 5 axis cnc machine.

Your sense of space and how to use it will be slightly different depending on the focus of your craft. If you are building furniture with hand tools, you will be able to make do with less space (under 300 sq ft.) than if you’re using mainly power tools and building sets of cabinets (over 400 sq ft.). Some 3D mod­elling with a program like Sketch-Up or some 2D layouts on graph paper with scaled cutouts can allow you to experi­ment with arranging your space and how much of it you will need. You should include not only the tools, benches and storage that you currently possess but also enough room to tackle new types of projects and new tools that you antici­pate needing down the road. When you think you have a layout that works, test it out by mentally working through a range of different projects you might tackle and the needs you will have for material storage, assembly and finishing. Then revise as necessary; this process will allow you to hone in on a general square footage and layout ideas that will set you up to move forward.
Remember, your retail store layout guides product placement, directs customer flow, and defines the overall look and feel of your store, so it deserves plenty of thought. Many factors will affect your floor plan choice, including the size and shape of your sales floor, the types of products you sell, and even the customers you hope to attract. Keep these factors in mind as we explore each floor plan option in detail.
Keep in mind that if you filed to become a corporation or LLC, then you can skip this step altogether. When you form an LLC or corporation for your business, your business name is automatically registered with the state. However, as mentioned before, if you legally registered your name as Bob’s Bike Shop and would like to conduct business using any variation of that name such as BobsBikeShop.com or Bob’s Bikes, you will need a DBA.
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.
With such an unstable job market and it being harder to get employed, more people are moving into entrepreneurship and being self-employed than ever before. Woodworking is a fantastic business opportunity, but you might feel that you don’t have the space or money to set up your own workshop and sell your goods. If that sounds like you, then you should check out Ultimate Small Shop by Ralph Chapman.

Hey Ted! If you mean to ask whether you could sit up from one of the vertical sidebins and have enough headroom under the Leer 122, I think that would be a no. You’d have to build the sidebins to be a little shorter. At least with my truck, that would be the case. Perhaps with a full-size pickup you would have enough room thanks to the overall size increase of the canopy as well.

You are also obliged to file a quarterly tax return which must detail, amongst other things, your employee pay and withholdings. Once again, failure to do this can result in, you guessed it, a fine! As you can see, it’s important to be up to speed on the rules and regulations around taking on employees, including, of course, provisions around hiring foreign workers. The good news is that there are a number of affordable payroll software providers that automate this process very effectively.
So what’s the downside? Well, for starters, RV conversions aren’t exactly known for quality. Most manufacturers use cheap (i.e. shitty) materials, and just don’t build their vehicles to withstand the stresses of full time living. You’re also locked into a pre-designed layout, so it will be a lot more difficult to customize how everything functions.

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!
We've also chronicled how Android and iOS have become more and more similar in their approaches. The "Android tax," as we've referred to it in the past, no longer exists. Generally, Android and iOS apps can now be built with the same quality, with comparable timelines, and budgets. While that doesn't necessarily mean we suggest building platforms in parallel, it's a huge relief for people creating apps.
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.
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One of the core skills needed when starting a small business is the ability to build out a diversified product line that is complementary to the headline product(s). It’s hard to imagine a successful business called “Burgers and Scarves,” right? As a good rule of thumb, a well-thought-out product line allows for the customer to upsell themselves. You want them thinking, “I’m having a burger, y’know what I’m going to have some fries too.”
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!
While we were painting all of the walls in our workshop our plumber dropped by to hook up an old laundry tub sink that we’ve had for several years. Now, he hooked up to the cold water line on an outside water faucet, so we’ll only have cold water but still this will be really convenient to have this right here in this shop. Well we’re about to set our last base cabinet, and once they secure that well to the wall we can start on all of our countertops.
The dream of a dedicated home shop is a common one among woodworkers. Whether you currently borrow shop space, work in your driveway or side yard, or compete for a corner of your basement with Christmas decorations or your fur­nace, you may be ready to build your own space that will allow you the free­dom of more room and time, and will also keep dust, fumes, and noise under control. Every design/build situation will be unique but there are a series of consid­erations that you will face in the design and construction phases of your project. Let’s walk through the process and dis­cuss the questions that you will need to ask yourself and others as you approach this project.
Well, my workshop is finally complete and I’m ready to take on just about project that comes down the line. And I’m pretty well set up here. I’ve got a great workbench, plenty of table space over here that easily rolls around the shop if I need it, lot of storage space down here, I can tuck these tools away or bring out any new ones that I need. And as you can see I’ve got plenty of supplies to tackle just about any project.
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. 

Lastly, and perhaps most importantly, your size should make you lean. Every single aspect of your store or restaurant can be tweaked and optimized to ensure more and more customers are coming through the door. As you experiment with strategies on Facebook or Twitter, introduce a new email marketing techniques, or simply erect new signage outside of your store, you have the chance to measure your success and react quickly to failure.

The time of the travel agent might be passing, but people are still looking for those with a knack for more nontraditional travel coordination. If you always plan the perfect vacations complete with beautiful hotels, the ideal location, and a bevy of delicious restaurants lined up for every evening, consider advertising your services as a more modern approach to travel planning.
In a small space, there's not much room for one-trick ponies: You need gear that can do many different things, and that goes for your work space and stands, too. You can add a wood clamp to a multifunction workbench, but you probably need compact work or tool-holding stands to make up for the lack of a large work surface. Occasionally you may need to take your work to another room or even outside, in which case portability is also important.

Most workshop tasks require good ventilation, and that’s something garages are generally poor at. Plus, passive ventilation (like opening a window) usually isn’t enough. A ceiling exhaust fan is a good start but if you are serious about keeping things clean then your ultimate workshop should also include a dust collection system, central vacuum and air ventilation system. All three of these systems will keep the dust, dirt, and other heavy particles off your clothes and out of your lungs which makes for a safer work environment.


Unfortunately, the requirements across the country and across different industries are as varied as the bodies enforcing them. The only way to guarantee that your licenses and permits are all squared away is to seek out regulating authorities on the county, state, and federal level, as well as consult with the relevant industry-specific bodies for your business type.


Both kids and adults have sat inside [the Optimus Prime truck] and been brought to tears. For many, it is a dream come true. Some kids are very intimidated by Optimus Prime because of the size and won’t go anywhere near it. But I love making people smile. The fact that I can make them smile for just a few minutes by seeing Optimus Prime on the highway means the world to me.
The solution to potentially wedged boards on a jointer is to add a planer to the mix.  A planer has a flat surface with a cutting edge that is exactly 180 degrees to the surface.  This allows you to position the jointed edge flat on the planers surface and make a cut to the opposite side of the board that is perfectly square.  As an added bonus, the planer allows you incredible control over the thickness of the boards you're planing.  ​
While strolling through the recent entries to our online shop gallery, I spotted some pretty novel designs as well as a couple of fun videos worth taking a look at. From brilliant solutions for tight spaces, to novel repurposing of department store display racks, there were plenty of interesting elements to the eight shops listed in my February round-up. By the way, if you’ve already seen our art director’s video tour of his redesigned garage shop (Mike’s Garage Shop), you can go ahead and skip it. If not however, it’s really worth a look!
You can also make your store comfortable by incorporating a waiting area with comfy seats and benches to encourage customers to spend more time in your store. This is especially helpful for shoppers accompanied by someone who isn't interested in making a purchase. But keep the seats or benches facing the merchandise so that they're still top of mind for those lounging around in your store.  
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.
The thickness planer—A thickness planer will significantly expand the creativity and craftsmanship of your work by allowing you to buy roughsawn stock and use wood of any thickness in your designs. Nowadays, a new planer often represents a better value than a used model. In recent years, DeWalt and Ridgid have introduced portable planers with chip-ejection fans, which work as a built-in dust collector. Dust collection is important for all tools, but essential for thickness planers. This feature can help delay the expense of a dust collector and thus reduce the overall cost of a planer. Speaking of dust collection, I should mention that I don’t use a dedicated dust collector in my shop. I use a shop vac with a small hose for my sanders and a larger-diameter hose for the tablesaw and router table, and I depend on the built-in chipejection fan for my thickness planer.
James Hamilton (or “Stumpy Nubs”) is a self-taught tool expert, engineer, writer, teacher and video producer. In 2008 he went into woodworking full time, creating a weekly Internet woodworking show that focused on the workshop itself. Now, Stumpy Nubs Woodworking has grown into one of the most popular multi-media woodworking resources in the industry.
For now we’re just getting it out of the room so that our electrician can get started. In any kind of workshop you want plenty of access to power and lots of use of the light. So Mike our electrician is hooking us up. If a service call from an electrician isn’t in your budget you can plan your space so that you can best take advantage of the outlets that are already there. Now Mike has checked all of these surfaces to be sure they can handle these extra outlets he’s adding.
According to store design experts, this is the part of the process where store owners tend to put the cart before the horse. Once the floor plan is sketched out, store owners are quick to purchase and install fixtures, then fill them with product. Far too often, the fixtures chosen aren’t ideal for displaying a range of products in a particular space. Or worse, they don’t offer flexibility needed in valuable display areas that are constantly changing to house featured and seasonal products.
Although the market has even more options to build apps now than in 2015, there's also clearly more of a distinction in quality. The best app firms and app developers have further honed and distinguished themselves. They have more awards, stronger portfolios, better team members, and more specialized skills. The tools available have made it easier to build apps though, so there's also many more mediocre or low-quality options to build your app.
There are a number of woodworking fixtures you can get by without for a long while, but a sturdy workbench isn't one of them. The trouble is, those solid-hardwood benches we all lust after can completely blow a modest woodworking budget. Here's a bench that splits the difference. You'll get a top that can stand up to significant abuse, a sturdy, heavy base that keeps the bench planted where you put it, and an end vise and T-track system for holding workpieces as well as a variety of unique jigs. It may not look quite like a European bench, but it works just as hard as one for a lot less money.

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.


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.
The level of sophistication in a $250 shop is significantly less than a $2,500 shop.  But keep in mind even a $2,500 budget is entry level.  Acquiring a shop full of the perfect tools for each and every job takes a life time.  But that doesn't mean that producing quality work takes a lifetime.  One of the most enjoyable aspects of this hobby is the constant need to solve problems in order to produce good work.
Ventilation is extremely important in the rain. These window deflectors allow us to leave our front windows cracked while it’s raining, so we can pull in fresh air and create airflow with our vent fan. As a bonus, it also reduces annoying wind noise while driving on the highway. The Auto Ventshade is fairly inexpensive, easy to install, and makes a great addition to any van (make sure you get the correct one for your specific vehicle).
The first is that they will need to be powered by a product catalog. Many times that already exists and an app will just leverage APIs or web services to pull back products. If it doesn't, however, it will require either a custom buildout (beware!) or leveraging platforms like Shopify, Magento, or comparable solutions. The strength of these tools include providing the administration interface to add new inventory, APIs or SDKs, ways to store items in a cart, and similar features. The downsides are that you'll be limited by their workflow and customizations.
​There are some diverging paths that you could take at this point: some may want to get a router with a router table for edge work and improved joinery capabilities, some may want to start looking at some of the interesting 3rd party jigs - two of my favorites are the DowelMax and the Kreg Pocket System, but my recommendation would be to equip yourself to buy cheap stock.
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.
I have a question, you mention what a problem it would be if the cinder blocks were to sink yet you have installed them with the least amount of footprint on the ground. Was there a reason for this? I would have installed them with the flat side on the ground, and I realize they would not hold as much load as the way you have them but considering the number you have used, the spacing, and the size of the shed, load should not be a problem. Just wondering.

Ultimate Small Shop goes beyond the ambit of Amazon, Home Depot and Lowe’s to help woodworkers start their workshop for less than $1,000. Woodworkers will find answers to questions related to the budget, planning, required tools, critical setup factors and more. The guide has been put together by Ralph Chapman, a coach with more than twenty five years of experience in woodworking. Chapman is the small shop expert and what he recommends is not speculation or best case scenarios. He has done it himself. He is now sharing his experience along with expert recommendations so you can begin your woodworking journey right at your home.


My contention has always been that you can build a serviceable shop in your home, develop your hand skills, and make fine furniture. In the past year, I had an opportunity to build a shop from the ground up after moving to a new home. I found a house with an unfinished basement, and set to work. In this article, I will discuss everything from layout, to electrical, to equipment selection. I intend to name names with respect to equipment, so that readers will know what I chose. Everyone’s budget will be different, but I think almost everyone will be able to treat this as a starting point, and adjust accordingly, depending on their own budget.
Yeah, ventilation can definitely be a problem… I’ve just got one window with a screen on it if bugs are an issue–though I haven’t camped in too many areas where they are truly horrendous. Normally I just sleep with the windows/door open to let airflow. I’ve seen some more industrious folks even put in the rooftop fans on their truck camping rigs. Pretty elaborate and beyond my pay grade, but worth searching expedition portal. I like the mesh fly idea if I happen to travel to buggy areas again. Cheers!
A business license gives you permission to run a business within a particular territory. It is important to note that not all local governments require you to obtain business licenses, while others only require them for specific business types such as bars or restaurants. To determine whether or not your state or business type requires you to obtain a license visit SBA.gov for state-specific license and permit information.
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.

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.
An exclusive arrangement is one where the tenant works exclusively with one broker for a 3 – 12 month period. During this time, the tenant can’t work with another broker. A commission between the tenant and broker is negotiated, equal to a small portion of the expected tenant broker fee. However, this commission is paid only if there are no tenant broker fees.
Thanks to you I built my own truck camper. I bought a LEER top and put a memory foam mattress in the back. I built a basic wood frame, and tried to maximize living space and comfort. It feels more like a Truck Bedroom then Truck Camping. I use bed sheets and blankets instead of sleeping bags. I haven’t seen this as very common. Do you foresee any issues with doing it this way?
Of course, if you’re going to build a sweet shop, you’re going to have to outfit it with an equally sweet bench. This afternoon I stumbled upon a UK bench-maker by the name of Richard Maguire. Built of kild-dried ash, Maguire’s benches are then finished with an oil and wax combination and feature twin screw vises which, while really interesting, might not be a perfect fit for everyone. While you can use these vises to apply more accurately distribute clamping pressure on different-sized stock, I could certainly see it becoming a wee bit of a pain when clamping stock that comes in contact with the entire length of the vise’s face. Having to equally screw in each side might frustrate some woodworkers. Still, these benches are a blast to look at.
Do you have a business license? Do you have a permit to open a food service establishment issued by the local health department? Are you applying for a permit to modify the building you wish to occupy? Do you have a health permit from the county health department? Do you have a signage permit? How about an alarm permit from your city or county fire or police departments? These are just a few of the questions you need to ask yourself.
After you are done narrowing down your list of business goals, you are now ready to plan out when they will be accomplished. Just remember, nothing is set in stone so if you need to remove or add something to your business goals later down the road, that's okay. It happens to me ALL THE TIME. Sometimes our priorities shift or things didn't go as planned and you need to make changes. 
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!
After looking at a number of spaces that are available to lease, you may start to wonder whether it’s better to buy or lease commercial real estate. Of course, there are occasions when it might be better to purchase commercial real estate rather than leasing it. For example, if you buy a commercial space, you’ll take advantage of equity, depreciation, cash flow, and asset appreciation.
“Zone design successfully helps shoppers locate what they want while exposing them to products that enhance the ones they are buying. Increased transaction totals are a natural byproduct. Products are categorized by use into Zones, such as ‘kitchen/cooking,’ ‘entertaining/dining,’ and ‘home decor,’ with inventory range and stock levels determining the size of each Zone.
Excessive growth is of course, a good problem to have. However, after stabilizing from the startup process, small businesses more commonly grow steadily before approaching a plateau. This is completely normal and it is often at this point that you’ll need to go back to your business plan and carry out what is known as a SWOT analysis. This includes an analysis of a company’s current finances, the competition, and SWOT: Strengths, Weaknesses, Opportunities, and Threats. Renovation of your product line, rebranding, and seeking investment for expansion are all potential results of this SWOT analysis. Once again, the key here is being data-driven and always staying hungry. The successful small business owner is always looking for the incremental improvements in their business that when added up, make all the difference.
Ultimately, the cost of your coffee shop starts entirely with you. Your coffee shop business concept plays a huge role in what direction you'll go in and what your budget will look like. So if money is an important consideration to starting your coffee business, review what kind of coffee business makes sense to startup at this point and time. We've recently written some articles on low cost ideas for coffee shop businesses.
I framed and sheathed each wall individually and then stood them up with the help of long 2x4 braces.  My neighbor let me borrow his framing nailer, which made things go much faster.  I added a second cap of 2x4 on the top to make the walls a little more rigid.  I then laminated 4 2x4's to construct a ridgeboard.  I nailed in some temporary 2x4 supports and had a friend help lift it into final position.  Once all of the rafters are cut and nailed into place, the supports were removed.

Hey Joe, I just hit 178k on my truck. I remember when I started out the first time around it had like 144k or so. They are known to go quite far, so we’ll see how it goes. Maintenance on the road… I just stop at those oil lube places for the most part, and do regular weekly checks under the hood for fluid levels, etc. I’m not too mechanically inclined!
Now that you have written everything out, now take out a calendar that has 12-month blocks and map out each business goal in the corresponding month that it has to be completed by (or accomplished). So you have 12 squares (12 months) and you are literally placing these ideas into the month you want to accomplish them by. By the time you are done with this, you will have a sheet of paper with all your ideas written into the months on the calendar.
You may want a garage door if you will need to access your shop with large workpieces or tools, or if you or future owners will ever want to use the space to park a vehicle. Garage doors are notoriously drafty, however, so if you think you can live without one you will probably be warmer. Instead, you could opt for out-swinging double doors. In a small shop you can, at a pinch, rip longer lengths of lumber by feeding the material out of either a strategically placed door or window.
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.
Due diligence is the process of going through the current owner’s books with a fine-tooth comb to verify inventory information, sales data, average ticket price, and every other aspect of the business. Doing all this yourself is difficult and time-consuming, so you’ll probably want to involve accountants and lawyers to ensure that you cross all the t’s and dot all the i’s. A big red flag to watch out for here is how intertwined the current owner’s personal expenses are with the business accounts — this can obscure the genuine flow of cash in and cash out of the business. The purchase price of an existing business is often calculated as three to five times the net annual revenue, so you’ll want to take that figure into account before you make an offer.
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. 
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