Regoranizing my small shop
Most shops grow through a slow but steady process of accumulation, sort of like that nasty mineral build up in plumbing. This has certainly been the case with my shop.
Pro Shop
Rockler expands line of Bench Dog hand planes
Rockler Woodworking and Hardware has added seven new Bench Dog hand planes and a range of accessories in an expansion of its selection of traditional woodworking tools.
Tips and approaches to achieve online sales
As professional woodworkers, making our product is the easy part; marketing and selling it is the hard part.
When a problem arises, find the simplest solution
I don’t know about you, but I have the tendency to overthink things.
There’s no accounting for bad accounting
Let’s face it, we are woodworkers and not accountants, and who likes accounting anyhow?
Start calling the shots or end up in the doghouse
Are you a trained craftsperson? If so, how much training do you have?
Follow the money for a clearer picture
Chances are, like most woodshop owners, you know that some jobs make a big profit and others don’t, and you hope by the end of the year that you’re ahead of the game. But do you know which is which, and why?
Tax reform favors shops that aren’t passing through
Are you ready for tax reform? Thanks to the recently passed Tax Cuts and Jobs Act (TCJA), the tax rate for incorporated shops will be reduced from 35 to 21 percent for the 2018 tax year and beyond. The news isn’t as good for pass-through businesses.
Shops and fire are a really bad match
It’s always in the back of our minds. Terrifying for anyone who has been through one, a woodshop fire can burst out of control in the blink of an eye.
Tales of terror
Any coach will tell you that having a game plan is critical for success and victory. Running a business is no different.
What to expect in 2018
Looking at the Dow Jones Industrial Average, one might think that the U.S. economy is firing on all cylinders and we’re in for some great times.