Professional Woodworkers Sharing Business Strategies

Buy or lease? Find your answer in the tax code

Written by John English Monday, 17 November 2014 00:00

john_englishEDITOR’S NOTE: The purpose of the following information is not to give tax-related or financial advice, but rather just to let woodshop owners know about some options that they might wish to research further.

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Cash in on pivotal turning points in your career

Written by David Getts Monday, 20 October 2014 00:00

21_davidgetts_01Years ago, while working on a multi-phase project, I developed a good relationship with the owners, a well-established, self-employed, professional couple in their early 70s. Because I was around so often, we all agreed it only made sense to adopt them as surrogate parents.

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Edgebanding enters a new era

Written by John English Monday, 15 September 2014 00:00

john_englishCommercial edgebanding is the application of plastic, wood or resinous materials to the edges of doors or panels. The process uses a heat source, pressure (usually rollers) and a hot melt adhesive. Edgebanding gives a woodshop the option of using a very flat, manmade substrate (such as plywood or MDF) to create doors that are more uniform and stable than natural wood. It eliminates the need for stile and rail frames on door panels, thus reducing manufacturing time and, of course, cost. Non-wood edgebanding doesn’t usually require any topcoat and some natural bandings (that is, wood veneers) come already finished.

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Old adage rings true: Show me the money

Written by David Getts Monday, 21 July 2014 00:00

21_davidgetts_01As craftspeople, we like to think we’re above doing things just for money. Don’t get me wrong, we wouldn’t do what we do if we didn’t get paid. But the whole “taking pride in your workmanship” thing is always present in the mind of most people that work with their hands. I can only speak for myself, but I think the pride reasoning is emphasized more when I’m not making the money I should. When things are clicking along in a positive way on the economic highway, I still take pride in my work, but I’m not over-emphasizing it to make myself feel better about what I do.

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The firing line: Don’t make a rush to judgment

Written by Lloyd R. Manning Monday, 16 June 2014 00:00

lloyd_manningIn my many years of business, from time to time it was necessary to get rid of an employee. I found it difficult the first time and equally hard the last.

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