Walter Manufacturing produces an excellent line of power tools under the Jet brand. They range from inexpensive home tools to industrial production equipment. After looking into woodworking tools for a new shop, I discovered Jet tools and was surprised I hadn’t known about them before – Walter Meier has been in business almost 75 years and have a loyal following. Later in this article I’ll be discussing Jet drill presses for the home shop. The Jet line is known for ruggedness, durability, and accuracy at moderate prices.
The proper choice of any woodworking power tool depends on the type of work you’ll be doing and the available space. If space is limited you’ll probably want to go with a bench top model as they can be mounted to roll out of the way when they’re not in use. Free standing presses are generally heavier and really can’t be mounted so that they’re both stable and movable. Depending on the work you’re doing you may need a large swing (drilling range) and work table, otherwise a smaller swing can give you a smaller press.
Starting a woodworking business can be a highly profitable enterprise with a lot of flexibility however it is important that you plan it carefully. Having a woodworking business plan will allow you to borrow funds from investors or the bank in order to get you started. In this guide you will learn what you need to have in your woodworking business plan.
Your business plan should start with an executive summary. This will outline the purpose of your enterprise, for example to sell handcrafted wooden furniture, and how you will achieve this goal. It should be brief and to the point.
Basic Business Information
Here you will list basic information about your business. This should include the hours of operation, how long you have been in business, your contact details such as your phone number, email address and website. This does not need to be extensive but should cover the essentials of your business operation.
Products or Services Offered
Here you will give a summary or the products or services you will be offering. For example if you were producing hand crafted wooden jewellery boxes you might describe the wood that is being used in the construction as well as the techniques that you use to produce these boxes.
Management and Organization Details
This is where you will list who the management is for your business. If you are at this point the only person involved in the company then this will simply be you. If you have others working in the company detail the organization structure of your enterprise. Below this list the ownership structure of the business. This is whether your are running a sole proprietorship, partnership or a limited liability company.