On today’s Wood Talk “Weekend Edition” we’re talking about our business models and lots of other unqualified business advice that you should take with a grain of salt then go talk to an actual professional accountant.
This topic is inspired by an email from Nick:
I’ve heard you mention several times on the show that you make commission pieces from time to time but I also know 2 of you (I guess Marc too..) have separate day jobs, so I’m curious to know what kind of business license/model you have for your side woodworking commissions.
I’m sure there are resources out there for folks who want to start their own business but I’m curious to hear how you guys operate and if there are various options to consider.
How about you?
Do you have a woodworking business? How did you set it up? Are you a qualified accountant ready to dole out some free advice? Leave it in the comments below.