Thread: In need of Funding for Business Startup

Nope because there are two

I started turning in about 1978. I started making money around 1982, not much but still it was money. Seen a lot of people walk the same path... The best and most successful way to get a woodturning business up and running is... Have a wife or husband with a very good paying job and alot of understanding. And for those who think I'm joking - I'm not. This is, especially in North America, a very hard business to make any sort of living off of. I, in my travels to the South Pacific, found that it seemed possible in both New Zealand and Australia to have and maintain a woodturning business. I worked in both countries for woodturning shops and they did keep reasonably busy. Even the Skills in Demand list put out by The Dept. of Immigration and Indiginous Affairs in Australia lists Woodturner as a trade in demand. Whereas in NA it's not even considered a trade.

You need to have an income first and start building up a business doing woodturning. Maybe one day you'll find you can quit your day job and go full time as a woodturner, probably not though. There's not a venture capatalist in the world, unless you count your mom and pop, who will give you 2 cents to start up a woodturning business.

Sorry if this p!sses on your fire works... Don't get me wrong thou of all the woodworking I've done woodturning has been over all the most satisfying. It's allowed me a lot of freedom with respect to my wood working career. I've never been out of work. If I'm up against another person for a job in a wood shop, I'll get it because I can bring a new dimension to a shop that few can.

What part of the US are you in.

Originally Posted by sbanks

Hello,
I am looking for funding to get my business underway.
I turn small scale products such as candle holders, small bowls and plates, finials, knobs and buttons, and kaleidescopes.

The funding would be for a new shop building, marketing/advertising, shipping and any tool purchases that I might need along with working capital for 6 months to a year.

If anyone knows where I might locate this, I would appreciate the information.

SBanks