Woodworker's Journal 1984-8-5, страница 12

Woodworker

CARBIDE TIPPED ROUTER BITS PROFESSIONAL PRODUCTION QUALITY SPECIAL OFFER - SAVE 50% - 75% BELOW COST

BEST CUT BEST PRICE

ITEM NO

DESCRIPTION

LARGE D1AM

CUTTING LENGTH

#01 #02 #03

COVE

1/1" R 3/8" R 1/2" R

1/4"

3/8" 1/2"

1"

1%" 1V4"

1/2"

9/16"

5/8"

#04 #05 #06

ROUND oven 1/4" R 3/8" R 1/2" R

1/4" 3/8" 1/2"

1"

1%' 1VT

1/2" 5/8" 3/4"

#07 #08

BOMANOGEE 5/32"R 1/4" R

5/32" 1/4"

IV lit"

15/32" 3/4"

£

#11

#09 #10

3/B"

RABBETING

Daep 3/8"

1/8" IKERFI SLOT CUTTER 1/4" IKERFI SLOT CUTTER

1%"

1 Vt" 114"

1/2"

1/8" 1/4"

#12

45" CHAMFER

46° Angle

1VT

5/8"

#15

RAISED PANEL

20° Angle

1-5/8"

1/2"

H

#16 #17 #18

DOVETAIL BITS 3/8" DOVETAIL 9" 1/2" DOVETAIL 14" 3/4" DOVETAIL 14"

3/8" 1/2" 3/4"

3/8" 1/2" 7/8"

o

CORE BOX IROUND NOSE)

#19 #20 #21

3/8" CORE BOX 1/2" CORE BOX 3/4" CORE BOX

3/16"

1/4"

3/8"

3/8' 1/2* 3/4'

3/8"

11/32"

5/8"

A

#22 #23

GROOVE FORMING OGEE 1/2" GROOVING OGEE 3/4" GROOVING OGEE

1/2' 3/4'

3/8" 7/16"

Fluth 1 K»y Trim I HoIb

#13

1/2" FLUSH TRIM

1/2" 1"

I

#14

3/8" KEY HOLE CUTS 3 8 KEY HOLE FOR _ ... , FLUSH MOUNTING

°nly HSS1 PICTUHE FRAMES. ETC

8.50

WHEN ORDERING ANY 30R MORE. DEDUCT$1.00 EACH ALL PRICES POSTAGE PAID

• Professional Production Quality • 1/2" Ball Bearing Pilot

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• Two Flute Thick High Quality Tungsten Carbide Tips

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Workshop Income

Starting a Business: Part I

As we have noted before in this column, rare indeed is the hobby woodworker who has not, at one time or other, considered the possibility of transforming his hobby into a business. Many of our readers have indicated that they do in fact derive some income from their woodworking craft, and many others have expressed a serious interest in starting a full-time business. In response to their questions we have decided to take a closer look at the subject.

There are, of course, many degrees of involvement — from the full-time production woodworker to the retired part-time hobbyist. Since there is little, if any, risk for the hobby woodworker who occasionally sells a piece, we decided to concentrate on the problems facing those individuals who are seriously considering a switch to woodworking as a career or full-time business. We asked professional woodworkers who have successfully made the switch to share with us their experiences, suggestions, pitfalls, opinions. and plain old thoughts. In the course of researching this article we also interviewed businessmen and officials at the Small Business Administration.

The results of our inquiries offer, we believe, a frank look at what is, by all accounts, a most complex subject. Indeed, the scope of information we garnered was so broad that we have divided it into two features. This, the first feature, will offer an overview of the problems and considerations that one should be aware of when starting a woodworking business. The second feature, in our November/December issue, will examine specifics, from what tools to equip a shop with, to the best location for a woodworking business.

First, some sobering statistics. The Small Business Administration (SBA) tells us that 60% of small businesses fail after only one year. After three years this figure rises to 70%, and by the end of five years, fully 80% of small businesses will fail. The SBA strongly recommends that you consult with an SBA counselor before you make any firm plans. The SBA has counselors at offices throughout the country, and SBA officials conduct seminars geared for the individual who is considering starting a small business. You may contact the SBA through your local Chamber of Commerce.

The SBA also sponsors a Service Corps of Retired Executives (SCORE) whose volunteers offer free counseling, management advice and workshops for small businessmen. These retired executives are especially skilled in problem solving. Write to or call, SCORE National Office, 1129 20th Street N.W., Suite 410, Washington, D.C. 20416. Telephone: (202) 653-6279.

Although the woodworkers we spoke with each had a different story, many of the problems and challenges they faced were similar. All agreed that success depended on the right combination of financing, equipment, timing, marketing. location and skill. Other intangible, but no less important factors were motivation, experience, determination and a healthy measure of old-fashioned luck.

The woodworkers we surveyed shared certain opinions and conclusions that we feel are especially significant. There is, they all pointed out, a world of difference between being a hobby and a production woodworker. As a production woodworker you will be breathing sawdust all day, and often laboring long hours at repetitive tasks. Unless you are independently wealthy, are an artist-craftsman who commands thousands of dollars for his work, or are able to work