Why you should consider your own Carpentry Business

According to the Bureau of Labor Statistics, 32 percent of carpenters are self employed. This means that they are either contractors, or business owners. They are in control of their own work and, in the case of carpentry business owners, they are in charge of the entire company. This is one of the most satisfying feelings in the world. So, for the other 68 percent of carpenters, currently working their feet to the ground for a carpentry company, why not consider making the switch into your own carpentry business?

 

Need a nudge? Here are some of the best benefits about going into the carpentry business for yourself.

There"s nothing like waking up knowing that you are in control of your own career. You don"t have to worry about pleasing someone else. Instead you can focus on your own personal career goals.

If you are tired of constantly laboring, getting your hands dirty and working through the rough winters and scorching summers, then you will love the variety of being your own boss. First of all, you are not just working outdoors. You will also be making business transactions, accounts, hiring and firing, ordering equipment, getting contracts and in charge of several other business aspects. You will be giving your body a break, and your mind a workout. Every day is different when it comes to running your own carpentry business.

By owning your own carpentry business, you can stand to make a lot more money. This is because you are actually in control of the money. You are putting in the hard work and actually seeing the results. Many carpenters complain about how they are doing the dirty work while the foreman sits around in the office, making double the amount.

 

Of course, in order to make money, you need to be willing to spend money, especially to start your own carpentry business. One of the main reasons many carpentry businesses fail is because of inadequate start up capital. It is important that you understand that there will be costs involved. You need to plan ahead either with a savings account or a loan. The minimum start-up capital is between $5000-10,000. This is the minimum, remember.