What We’ve Learned Running a Woodworking Business | Live Edge Episode 6

In this video we will discuss how we run our woodworking business. Disclaimer: we are not CPAs or Attorneys. Consult a professional for your specific needs. We will discuss the following: Do you need a LLC for a woodworking business? How to do taxes with a woodworking business? We will talk about online selling woodworking projects including selling on Etsy and Facebook. What are some of the best practices when taking woodworking orders including pricing, how to manage/keep track of orders, giving time estimates for delivery, and taking multiple orders at one time from several customers. We will discuss this and much more. Join us for live chat and woodworking Q&A.

Live Edge woodworking show is live every Tuesday at 7:00 p.m. central time here on YouTube. Disclaimer: Amazon and other affiliate links are used in this description and they help support this channel if you choose to use the links and make purchases. Live Edge Woodworking Show Episode 6.

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Buy our woodworking plans here: https://www.731woodworks.com/store

*Videos To Watch Next*
Make Money Woodworking: https://www.youtube.com/watch?v=7pIKH-BCLoA&list=PLWVlC66wUw8bSPMGr0N2QZlMPvslZyIet
More Live Edge Episodes: https://www.youtube.com/watch?v=nTkouUnTnBg&list=PLWVlC66wUw8YpsEr2EFzi9Ys5oaDdV0Wa

Wompyjawed t-shirts: https://teespring.com/wompyjawed-t-shirt?tsmac=store&tsmic=731-woodworks&pid=46&cid=2739
I Am A Woodworker t-shirts: https://teespring.com/hello-i-am-a-woodworker?tsmac=store&tsmic=731-woodworks&pid=46&cid=2742

Hawthorne Law YouTube: https://www.youtube.com/channel/UC6t5e6r-JEVoz_yn6SdvLRw

*Camera Equipment Used for Videos*
Canon M50 https://amzn.to/3en9EaQ
Canon 22mm Lens: https://amzn.to/32fp79w
GoPro Hero 8: https://amzn.to/2JY48l2
Microphone I Use: https://amzn.to/3crbxTX
Rodecaster Pro: https://amzn.to/2LOl127
Rodecaster Pro Microphones: https://amzn.to/2LhV0IV

0:00 Intro
2:20 Show Disclaimer
4:16 Do You Need a LLC for Woodworking
5:10 Mrs. 731 Arm Update
7:23 Taxes and Woodworking
13:03 Woodworking Business Fear
15:46 Instagram for Woodworking Business
16:30 Credit Cards for Woodworking
21:59 Outdoor Furniture
24:00 Woodworking Insurance
24:55 Using 731 designs to make sales
26:30 Selling Woodworking Online
30:05 Best Place to Sell Woodworking Online
31:00 Power Tip – Separate Accounts
32:10 Save your business money
35:55 Issues Running Business Out Of Your Home
37:54 Fear when releasing videos
38:58 Taking Custom Woodworking Orders
40:30 Customers Backing Out On Orders
42:30 Don’t Take Too Many Orders
45:52 Under Promise and Over Deliver to Customers
52:30 Pricing Adirondack Chairs
55:07 Next Woodworking Project
57:49 Woodworking Returns, Exchanges and Warranties
1:00:01 731 Woodworks Tik Tok
1:04:00 Outro

Disclaimer: Amazon and other affiliate links are used in this description and they help support this channel. By clicking on the links and purchasing items it provides me a very small commission but cost you nothing extra. It is a great way to support small creators like me. I appreciate the support more than you know!

731 Woodworks is intended for entertainment purposes only. There are no warranties implied and your results may differ from ours. You should NOT rely solely upon the information and techniques discussed and displayed in these videos. Rather, you should fully research each technique and decide for yourself what is the safest possible work method for you. If you are looking to start a woodworking business you should consult a certified public accountant and/or an attorney for proper guidance.

#podcast #woodworking #liveshow

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