Professional Woodworkers Sharing Business Strategies

This Luddite embraces the Internet age

Written by W. Patrick Edwards Monday, 18 July 2011 00:00

patrick_edwardsI have been a traditional woodworker for more than 40 years. In my lectures, I have actually had hecklers ask me if I’m a Luddite. I have always responded with a smile, “Of course! Is there a problem with that?”



There’s a silver lining in your downtime

Written by David Getts Monday, 16 May 2011 00:00

21_davidgetts_01When significant events like the recent earthquake and tsunami in Japan or turmoil in the Middle East occurs, the media coverage is extensive. Exploiting the misfortunes of others for their own purpose is something we've come to expect from some in the media.



Feedback can fuel a worker’s ambition

Written by Davis M. Woodruff Monday, 18 April 2011 00:00

24_proshopIn a small business - or a large one - it is important to let people know how they are doing on the job. Managers or owners often assume that employees are satisfied and know they are appreciated. This is a myth or simply a way to rationalize not providing performance feedback.



Lowering your taxes can be a family affair

Written by Mark E. Battersby Monday, 14 March 2011 00:00

13_mark_battersbyLast December's extension of the Bush-era tax rates as part of the Tax Relief Act of 2010 has not, at least so far, translated into lower tax bills for many woodworking professionals, shops or businesses. The estate tax is also back, although not at record highs. Fortunately, there is an increasingly popular tax strategy that can both reduce annual tax bills and ease the future bite of estate taxes.



Don’t let tax time overwhelm your shop

Written by Howard Scott Monday, 14 February 2011 00:00

It's that time of year again. You know the drill. You hope to pay as little as possible while staying within the rules. Your CPA, accountant, enrolled agent or tax preparer does the calculating, then gives you the results and you write out the checks. This year, don't just comply with his or her instructions. Make the exercise a painless process as well as a learning experience. Here's how to go about it:



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