Professional Woodworkers Sharing Business Strategies

Selling your work involves a subtle touch

Written by David Getts Monday, 15 July 2013 00:00

We have all experienced a classroom setting with an instructor that does not know when to shut up. Although most speakers are well-intentioned, without a sense of audience reception information can be quickly lost.



Joining an organization can give you a leg up

Written by John English Monday, 17 June 2013 00:00

john_englishEvery industry has its share of professional organizations and the woodworking industry is no exception. Is it worth joining one?



Keep it simple and check your ego at the door

Written by David Getts Monday, 20 May 2013 00:00

21_davidgetts_01You are probably familiar with the saying, “Jack of all trades, master of none.” This refers to someone who is adequate at performing many tasks, but not an expert in anything. There’s nothing wrong with being that way, but it does limit how far you can go in a specialized profession.



When it comes time to wind down business

Written by Lloyd R. Manning Monday, 15 April 2013 00:00

lloyd_manningFor many woodworking shop owners, the enthusiasm that propelled them for many years is not what it once was. Age has taken its toll. You could be thinking that perhaps it is time to move on or sell out and gallop off into the sunset. However, often that creates a problem. Finding a buyer who is ready, willing and has the wherewithal to do so is seldom easy. Obtaining what could be considered a fair price with equitable terms could prove still more difficult.



What do the new tax laws mean for you?

Written by Mark E. Battersby Monday, 18 March 2013 00:00

13_mark_battersbyThe so-called “fiscal cliff” tax package recently signed into law renewed more than 50 temporary tax breaks through 2013, saving individuals and businesses an estimated $76 billion. On the downside, employees are already finding less in their paychecks because the American Taxpayer Relief Act did not extend the payroll tax holiday that had reduced Social Security payroll deductions from 6.2 percent to 4.2 percent on earned income up to the Social Security wage base ($113,700 for 2013). It is a similar story for the self-employed worker.



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