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Whether you’ve loved woodworking for years or are just starting out, you might be wondering how to turn such a unique passion into a business. Thanks to the internet, there are more ways than ever to earn money from your skills.
How To Start My Own Carpentry Business
In this article, we share some of the most profitable woodworking business ideas you can start today.
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Wood products are more popular than ever, partly because they are more durable than their synthetic counterparts, but also because wood products tend to be timeless. If you buy handmade wooden objects, you can be sure that they will serve you for a lifetime.
There are almost endless ways to make money with woodworking business ideas. Read on to learn about the many ways to make money from your carpentry skills.
There are many ways to turn your passion for woodworking into a small business.
Other woodworking business ideas are labor intensive and will result in a high quality product that you can sell for a premium price.
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There are carpentry business ideas here for everyone, so you can choose something that matches your skill level wherever you are.
One of the most popular ways to make money is to sell your items on Etsy. But did you know that there is also a large wooden crafts market on the platform?
In case you haven’t heard, Etsy is an online marketplace for handmade home decor items from small businesses (and we’ve put together a guide on whether Etsy is legit).
It is very quick and easy for carpentry businesses to start selling on the platform. You can be live on Etsy in hours.
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Etsy is perfect for a new woodworking business because you’re selling to a ready clientele. Instead of worrying about how you will attract your customers, you can focus on your visibility in search results by writing detailed descriptions and taking photos of your products.
Get it right and your ideal clients will find you more easily. A helpful way to tag your items so customers can find you is to use an Etsy tag generator.
Of course, you still have to do some marketing to make sure you reach more customers. However, you are certainly not starting from scratch.
Creating a seller account on Etsy is free and there are no monthly fees. Even so, there are costs involved in setting up your woodworking business on Etsy.
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It costs 20 cents to register your product and this fee is paid each time the registration is renewed. It may be because it is sold out or expired. On top of that, Etsy takes just over 6% off transaction fees on every sale.
Despite the fees, Etsy is an affordable and easy way to start your own profitable business. Be sure to consider fees when pricing your products.
Many have found the Etsy Masterclass helpful in learning about marketing, sales, and social media for their Etsy shops. You can see one by clicking the button below.
If you enjoy taking on bigger projects and working on creative projects, building custom furniture could be a great business idea for you.
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Once you’ve crafted wood furniture for yourself or your friends and family, take photos and use them to market your new woodworking business services.
There are many ways to sell custom furniture. One of the easiest ways to get started is to simply post photos of your wood furniture in local Facebook groups as well as Facebook Marketplace.
This gives you free space to advertise your work, meaning your only cost will be the materials you use.
For this business model, having your own website is a low cost that will have huge benefits for your woodworking business. With Bluehost, you can launch your own website for $2.95 per month. It’s easy to get started and a big plus if you’re serious about your woodworking business.
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Your website will serve as your wood furniture portfolio, showcasing every woodworking project you create and building trust with your customers. With a little SEO, your website will help you grow your business by making it easy for potential customers to find you online.
Creating custom furniture takes time, so you need to make sure you factor that into your pricing. However, it is a fun and fulfilling hobby; perfect if you want to start a new business.
If you love woodworking but don’t necessarily want to do stuff for other people, a woodworking blog is a great way to monetize your skills. The advantage of blogging about your favorite hobby is that you will always have something to say.
It is important to note that although it is not a manual job in the same way as woodworking, blogging takes time and dedication. Along with writing your articles, you need to spend time on SEO and marketing to make sure your blog gets high visibility.
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If you decide to sell physical products from your blog, you might consider selling products you make or small items.
Selling digital products, however, is much easier. It could be an e-book or an online carpentry course (more on that in a second). Check out our guide on how to make money with eBooks.
Digital products are great because you don’t have to create anything during a sale, and you can sell each product an infinite number of times.
Blogging is definitely a labor of love to begin with. However, if you are truly passionate about your craft, this is one of the best woodworking ideas.
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If you like the idea of teaching someone your skills, but want your income to be more passive, an online course is a great option.
There are many ways to create an online course, depending on your skills and how much work you want to put into it.
First, you can record videos to upload to Skillshare. Before someone buys your course, you get paid based on the number of views you get from paying members. It’s an easy way to create your first course with a small initial investment.
The next (more cost effective) option is to create your own course. For this, you will need your own website, which is fine if you are planning to start a woodworking blog.
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All you need to do is create content (writing, photography, video, or a combination of the three), then use an online course like Udemy to turn your content into an interactive course.
Not sure where to start creating an online course? Check out our guide on how to create an online course in 8 easy steps.
An online carpentry course is one of the best carpentry business ideas for those looking for passive income ideas for their carpentry skills.
What if you want to learn a new carpentry skill or need help perfecting a particular technique? If the answer was “watching YouTube” then you have already found your next woodworking business idea.
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A lot of people have made it on YouTube by creating tutorials for things they know how to do. If you consider yourself quite experienced in woodworking, you can start your own YouTube channel and share your skills with others.
The public likes to follow someone’s journey or progress in a project. If you’re new to the business, create a channel to teach you more advanced skills and practices.
Once you have over 1,000 subscribers and 4,000 watch hours, you can place ads on your videos. However, you can monetize so far by using affiliate links in your description. You can also partner with brands to create sponsored content.
For more information, check out our article on how long it takes to make money on YouTube.
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Handmade products and crafts are extremely popular for gifts as well as personalized products. If you combine these two elements, you will most likely have a very successful business.
The best way to sell custom wooden items is to think of items that you can make fairly quickly, easily, and inexpensively. You can then come up with any wood décor you want to customize, knowing it will pay off.
This means you have a catalog of quality wood to show off to potential customers and you’re always customizing something that you can easily create in your woodworking shop.
There are several ways to market your craft with this business model. You can start an Etsy shop, hold a booth at a local event, or advertise your work in local Facebook groups.
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You can also record videos of how you make your products to sell on social media. All of these things can
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