All posts in " business "

Preparing Yourself for Inflationary Times. Silver Coin Prices.

By David G / May 9, 2021

As a young boy, I can remember my grandfather, Ernest E. Rawles, saying to me:” If you consistently conserve ten percent of what you make, then you’ll never go to The Poor Home.”That was fantastic guidance, coming from somebody who had endured the genuinely traumatic deflationary Great Depression of the 1930s. However today, we can […]


Woodworking Business – Your Initial Investment

By Andrew J. / September 16, 2019

In any form of business, understanding the costs of setting up the business and the costs of running it is of great importance. You have to fully understand the costs your startup costs- tools, space, time, etc.- this is your initial investment. Your total startup costs will entirely depend on the type of project you’re […]


Woodworking Series: Developing Your Marketing Strategy

By Michael B. / June 29, 2019

Just like any other form of business, woodworking will require use of the best marketing strategies if you want to reap good profits. Nowadays, plenty of people are advertising their business both online and offline, and there are various ways you can do both. Let’s begin with offline marketing strategies. Offline marketing strategies have been […]


Woodworking Series: Identifying Your Target Market

By Michael B. / April 2, 2019

If you want your woodworking business (or any business, for that matter) to succeed, you have to identify your target market. Your target market will be the ideal people that will buy your products without too much coercion (because it’s already suited to them). Here are some tips to help you find the right target […]


Woodworking Series: Choosing A Niche

By Michael B. / February 20, 2019

Woodworking encompasses a huge variety of different focuses; the practice can range anywhere from toy making to furniture to housing construction. The term itself is so general that you’ll have to identify a very specific audience if you want to turn a good profit. You need to have a niche. A niche, in this case, […]


Woodworking Series: Counting Your Costs

By Michael B. / January 15, 2019

Any form of business requires that you know how to calculate the costs if you want to get the profits. At times, one may put a final price on the product with the mind that they are making money only to find out that they are making losses. You have to have a defined way […]


Woodworking Series: What To Build To Make Profits

By Andrew J. / November 15, 2018

Woodworking is a great art and hobby that you can quickly turn into business. You need to know that different woodwork projects will have different markets. For instance, if you’re making toys, then your target market should be parents who have young children. You would be greatly misplaced if you make the toys in an […]


Woodworking Series: From Hobby To Business

By Andrew J. / November 1, 2018

Woodworking is an art/craft, depending on how you look at it, that can see you earn quite substantial amounts. There are people who love woodworking, but just do it as a hobby. The good news is that if you have interest in the subject, then transforming it from a hobby to business is quite easy. […]