6 Tips to Finding Products to Sell on eBay

Millions of people flock to eBay every year to complete easy purchase transactions. As the leading online auction site, eBay also offers a potentially lucrative opportunity to begin a home-based business. The most common dilemma for new eBay vendors is where to find items to auction off. The following tips are guaranteed to assist with finding the perfect inventory for an eBay auction.

1. Look for unneeded and unwanted items in your home. Remember the old saying, “One man’s trash is another one’s treasure.” Surprisingly there is a market for almost anything found in a typical family home. Video games, jewellery, brand-name clothing, and baby items do especially well on eBay.

2. Join a liquidation alert website. Through a series of internet and cellular alerts, members of liquidation websites stay current on where and when to look for discounts. Basically, if there is a close out a store within a specified distance from location settings, the pertinent information is forwarded by email or text, right as the deal closes. This system ensures customers always get the best items for the best possible cost as soon as it becomes available.

3. Join a wholesale website. These websites tend to sell in bulk and it may be necessary to keep an inventory. Those who choose wholesaling need a starting capital and will need to consider the overhead. Another option in wholesaling is partnering with a drop-shipping company. Drop-shippers keep the inventory and allow their products to be distributed through affiliates. In some cases, it may be necessary to subscribe to several companies.

4. Browsing estate sales can produce numerous bargains. Estate sales are designed to sell entire households full of goods rapidly. Become familiar with popular items on eBay and search for similar products to purchase and resell. Estate sales provide the opportunity to acquire items at a low price and auction them for a profit.

5. Although it can be a gamble, storage facility auctions are often a goldmine. When customers have not paid their storage fees for more than 60 days, the storage center becomes legal owner of all contents. Auctions are held in an attempt to recover the storage cost. Items are auctioned off in groups, as a whole, or one at a time for bigger ticket items. Buying in groups or as a whole is risky as individual items are not disclosed; however, valuable contents are common finds in storage auctions.

6. Look at the clearance sections in a selection of stores. All retailers have clearance aisles, and depending on the season, items can be resold. Out of season products will not sell well. Unusual or hard to find items and items in high-demand on eBay are the best for a quick profit.

Upscale Down Town Large City Parking Structure Onsite Auto Detailing and Car Washing

Over the years I’ve had mobile car washing and auto detailing companies ask me about working in large Metro Area parking structures, offering services to company employees in the building. Sometimes folks contact me about setting up services at Airport Park and Fly’s. The other day someone asked about a 1,000 parking space parking garage in the high-rent district. Okay so, let’s say you were putting together a business plan for something like this – how many car owners are really going to be interested in your services? Let’s talk.

It has been my experience that you get 15% peak at the 6th week point providing the quality is “excellent” in the first-fifth week. The first week expect perhaps 5-7%. Now then, generally if you offer 5-day week service you get the most business on Thurs-Fri for weekend, so at first the Monday-Tuesday business might be dismal. These numbers “assume” that you have pre-announced advanced notification, flyers, faxes, or notification from the property manager of a new service which everyone considers trying. You should get 8% of the people getting weekly washes after that 6th week, and the rest getting add-on services for the total of that 15%.

Now then, the people’s cars will still be clean from the original 1-2 weeks, so the second and third week, expect slow growth, less than the first two week, but things then progress. Some folks choose not to use the service regularly because of cost, or kids at home washing cars, DIY crowd; by week six you should peak or plateau at 75% of your future maximum future volume as you slowly win over folks who budget you as a fixed expense.

What about pricing?

Okay so, with all this said unless your buildings contain high-end clientele and is in the downtown financial district – lawyers and other financial type businesses – then your price should be fair and honorable for the middle class. Remember most of your customers will become – if you do this right – weekly executive in-and-out washes at let’s say $15-25 each. Then once per month quick express wax at $40-50. Then, every other month max detail $100+.

You should not forgo the single-mom secretary with the beginner entry point BMW, she’s your very best word of mouth, don’t price her out of the market! Or give her a “free exterior only” wash with tire-dressing if there are 5-or more per office that sign up.

Let’s say you are working with luxury buildings, not condos, I am taking about luxury office buildings with enormous parking structures; if this is a mega-high-end crowd it’s okay to keep your higher price points perhaps one-third or half again more, those higher prices might survive, although I am sketchy on that, economically speaking in the present period. You can always bundle extras rather than lowering price, and you can always bump the prices up a few more dollars once you prove yourself.

What if a property company has 10 or more buildings?

This is common in downtown districts as one company is in charge of many, many, buildings and parking structures. They want amenity type services in all of them. Still, don’t take all the buildings at once, work into it, over committing might be unwise, labor constraints issues, and customer service managers, very challenging working in such a controlled chaotic environment – at first, that is. You’ll get used to it. You have to get it right the first time or your reputation will be trashed for a long while, you could lose 10s of 1,000s of dollars in sales the first six months trying to overcome a poor start.

Indeed, I hope I’ve at least answered some of the questions you might have. Still, please remember all this advice are merely my preliminary thoughts, but I’ve been asked about this now so many times that I thought I’d just put it into an article to save my time in the future. Every circumstance is different, and to do this topic justice I’d really, really need more details on this to better accurately guestimate for each potential circumstance. Please consider all this and think on it.

Simple Woodworking Business Marketing Tips

First off, you are a small business. Unlike big businesses that can afford to advertise for name recognition and future product sales, you need an advertising plan that will create sales now. A good approach to this would be to offer something special in your advertisements.

People buy things every day. However, not all people make their decision to buy any particular product or service for the same reason. Some consumers care only about the price while others are more concerned about the quality. You can easily appeal to either of these groups.

Offer Different Priced Versions

Some customers just do not want to pay the full price for anything, while others are concerned about only getting something for the lowest price regardless of the quality. You can appeal to these types of customers with a discounted or scaled down model that sells for less.

On the other hand, there are those who are not opposed to paying a little more to get a quality product and/or service. You can increase your average sale by offering your premium wood products or a combination of products at a higher but fair price.

Use Alternative Marketing Methods

Find the marketing methods that your competition may be overlooking. There are many low-cost ways to get the word out about your woodworking business.

Create a website or blog. Promote your woodworking business with mailings. A small ad printed on a simple postcard and mailed to perspective customers can generate sales leads and website traffic.

Run smaller ads. This will allow you to have more advertisements for less money. Shorter, smaller ads have a surprisingly better response rate than you might think. Smaller ads often produce better results than their larger counterparts.

Consider Joint Venture Advertising

Contact some of the non-competing businesses in your area that serve the same customer base as your woodworking business. Suggest starting a cooperative advertising campaign with them. You could promote their business by referring customers to them and they would in turn do the same for you. You could even offer discounts to the referred customers. This type of cross promotion results in more sales for both businesses and literally costs nothing…

Reward Your Customers

Take advantage of your woodworking business’s most valuable asset: your current customers. These people know you and have come to trust and believe in your work. It is a lot easier to entice more business from a prior customer than someone who hasn’t bought from you yet.

Alert these customers to any new woodworking products or services before you release them to the general public, and offer them a special deal.

Your satisfied customers are your best advertisement, so use this to your advantage and reward them whenever you can. Give your customers a reason to refer you to their friends. Develop incentives that will encourage them to spread the word about you and your woodworking business. A discount on their next product is well worth a new customer.

These simple marketing tips provide affordable ways for your woodworking business to create a customer base and produce sales quickly.

Should You Start Your Own Woodworking Business? Wood Profits Review

There is good informative online course available that will teach you in a step-by-step manner exactly how to create a home-based woodworking business. The following is a list of what is contained in the course:

The following is a list of what is contained in the course:

  1. A guidebook with 53 pages of information about starting a woodworking business.
  2. An audio presentation of the same guidebook. Perfect for listening to while driving or in your workshop.
  3. An option to also receive hard copies of the guidebook and the audio version on CD.
  4. A downloadable e-Book of 500 highly detailed plans of woodworking projects specifically designed for use in the start-up of your woodworking business.
  5. A free set of shed building plans.

Additionally, there is an option to buy a VIP package that includes:

  1. More than 1000 contracts and legal documents covering the important aspects of your new woodworking business.
  2. Another 150 premium woodworking plans.
  3. A lifetime of direct personal consultation from the creator of the course. Yes, there is a real person, and you can actually contact him directly for personal guidance and advice about your woodworking projects and new business.
  4. You will also receive what is referred to as the “Woodworking Bible”. It’s a huge book that contains just about every kind of woodworking project you could possibly imagine, including detailed plans on how complete them.
  5. Three e-Books about green energy with tips on how to reduce energy costs in your work shop.

Woodworking Business Basics

The tutorial ebook, which is also available in hardcopy form, that comes in the course is an impressive and comprehensive guide that literally takes you by the hand and shows you exactly what steps to take to create a successful woodworking business.It covers every topic from how to develop a business plan to how to balance your costs and profits. It also shows you how to choose and properly price the products that you are going to promote, find customers both locally and nationally, maximize profits and retain customers.

It is not uncommon when starting a new business to become excited and want to rush into this new money-making venture.There is a great saying: “If you fail to plan, then plan to fail”.

The program puts a great deal of emphasis on creating a solid and strong business model. A good plan starts with a little research.You need to determine your market, in other words, you have to think about who you are going to target as customers.

Your Woodworking Business Customers

Your customers will be determined by what you decide to sell. Although you can’t actually control who will buy your products, you can choose which products will appeal to whatever group you would like to target.

When starting out, you may want specialize in simpler more affordable projects that appeal to the more cost conscious customers. A good example are average homeowners who want custom-made furniture, but prefer simple and more reasonably priced designs.

Who you sell to is pretty much up to you. Look around your neighborhood, your city or town and you can easily see what people use and want.There are many different projects that you can produce that will make your woodworking business unique.

There are some really interesting product ideas in the woodworking project book that comes with the course, like nautical clocks, salt mills, pepper mills, jewelry boxes, toys and many more. So, pick the category or niche that will appeal to your chosen customer base and go from there.

Woodworking Business Tips

On the business side of things, do not forget to include your time working as one of your business expenses. You need to compare the time spent on your woodworking business to what you could be earning doing something else.

This program is a great tool for someone who is serious about turning their woodworking hobby into a woodworking business. As with any business, there comes a time when you just cannot do it all b yourself. Hire help as necessary, if the budget allows, to complete your projects on time.

Depending on your situation, you could hire a person with a little less experience than yourself and teach them how to build your products. This would allow you time to develop more projects, and also market your business.

The bottom line is simple. Follow the tips and business building steps in this program. Stay focused, follow your business plan, and you will have a successful woodworking business up and running in very little time.

Being Smart About Car Security

Most cars today have the option of remote keyless entry, it’s just that many people don’t really know how to make the most of it. The common questions that arise are what happens when I press all the buttons on the key. Many are also sceptical about the safety associated with such a key if it can open a door from over 20ft away. Many also wonder about the possibility of someone else being able to open the door of the car with a similar key.

There are two basic remote keyless entry devices that are in the market. The first is a fob that is on your key ring which will lock and unlock your doors. Many keys also come with a means to arm and disarm an alarm on your car. The other kind is a small controller that is usually hung from your sun visor that will help you open a garage door. They can be part of home security systems that are remote control based.

For the first kind, that is a fob with a keychain, works with a small radio transmitter. When you press the relevant button on the fob, it sends out a coded signal to the receiver which either in the car or in the garage and this triggers the action to be completed.

Security of course is a big issue with remote keyless entry car keys. If it were that simple, then people would be opening each other’s cars and this could be a huge security threat. There are however ways and means in which each key is personalized and does not work when it comes to another car. It all is based on the programming of the chip that is inside the key and its transmitter and receiver.

There are several advantages to using a keyless entry system for your car. For one it is an efficient means of securing your car. It is simple enough to use and easy enough to reprogram to suit your needs. It works as a means of entry into the car, a means to lock it and to trigger a theft alarm whenever required. All of these advantages put together make it an excellent means of car security. It is also compact and is easily incorporated into your key or onto the key ring that you have. Such electronically created devices often have a fool-proof level of efficiency to them.

Car Colors And Personal Choices

If you look at the stories on car colors and the popular shades available in the color spectrum, you’ll see that white, followed by silver and black, has been a persistent choice for new car buyers. Of all cars sold in America, almost a quarter are white. In Asia, it seems that silver is more predominant while in Europe, somber black is more popular. This trend, specially the preference for white, has been popular only since the 90s. Before that, there was a more colorful array of cars, with red, green and orange vehicles common on U.S. roads.

It would take a sociologist or some other specialist to accurately speculate about color trends. Evidently though, external factors make people prefer some colors to others. For example, some colors, like gray, have become known to be less visible during dusk. This is a time when drivers have not yet turned on their headlights and daylight has become twilight. Maroon also seems to disappear as night falls, and anecdotal reports of dark or dull cars being more accident-prone may have become a reason why colors like these aren’t so popular in cars nowadays.

You’ll find some sites with table correlating some value or characteristic to particular colors. For example, red is supposed to be for dynamic, high-energy people, while yellow is for intelligent and comfort loving folk. Black would be for empowered, elegant business types while silver are for future-looking dudes. We can’t say that there isn’t any grain of truth to these classifications, but with white being a perennial favorite for several years, should we say that a majority of motoring enthusiasts are fastidious people? Because that’s what a lot of racing cars are painted with. White. There is a more practical reason to that though. White makes a terrific background for all those sponsorship decals and inspection of car parts for leaks or damage is easier if a car’s engine compartment or underchassis is white.

Dupont and PPG, both major paint suppliers to automotive manufacturers, have been keeping meticulous records on what colors sold most in years and decades past. Their data shows that people buyers are quite exacting in their color choices, although some consumer surveys indicate that a wider range of colors would be welcome too. Maybe the somber mood borne by not-so-optimistic economic news is affecting color choices too, which is why neutral tones are prevalent. But then, with more car owners opting to keep their cars longer, safe color choices will not look dated after just a few years.

Winning In The Cash Flow Business Through Three Practical Guides

Making money while you sleep is perhaps one of the greatest dreams we can ever have. That is why it is no wonder that many individuals aspire to build wealth as quickly as they can. Such can be said about the emergence of cash flow business. Add to it the power of the Internet, and the method is even more strengthened so much so that almost everybody is getting hooked on it.

Accordingly, the Winning in the Cash Flow Business that was formulated by Russ Dalbey, came about in the form of infomercials and many people, even if they are not investors, became aware of the said income generating scheme. Basically, it involves the selling of notes to investors from the note owners themselves through you. You will act as a broker of the transaction and all you have to do is to convince the holder to sell at a lesser expected value and find an investor who is ready to take a certain bid for the transaction to go through. Sounds simple right? But in reality, the big challenge lies in how you find a note owner who is willing to get a lesser amount compared to the expected value of his note’s maturity. There is also the difficulty in finding experienced investors who will proceed with bidding higher compared to others. Hence, we are going to provide you with practical guides on how to leverage not just Mr. Dalbey’s business model, but also that of the cash flow business in general.

1. Capitalize on training especially if you are still new. Well even those who are already in the business for some time, they also need further trainings and seminars to keep themselves abreast of developments. Because notes brokering centers on how well you convince others, you have to continue improving yourself and adding accomplishments to your list. Do not just settle for cheap workshops, invest in yourself from time to time with quality trainings instead.

2. Build a community instead of focusing on one-time deals. Your transactions should be centered on getting a win-win result. Whether you are working as a full time or part time notes broker, conduct deals with the aim to achieve a positive result. This would increase your reputation as someone that can be trusted and more people will naturally want to deal with you.

3. Be persistent in doing follow-ups but don’t overdo it as well. Schedule your calls, emails or other ways of ‘following up’ in such as a way that your prospects are reminded of the pending transaction but will not bother their own schedules as much as possible. In fact, it is ideal to ask them what will be the most convenient time that you will call them again.

Finding The Best Car Remote

A remote for a car is simply a key less system of entry. You have an electronic lock that gives you access to the car without making use of a traditionally cut mechanical key. It is basically an electronic remote control that can be used as a key. This kind of a key is used a great deal in vehicles. It gives you the basic abilities of a car that gives you the ability to access the car without actually touching it.

One of the first remotes for cars came with the French Renault in 1982 and it then went on to several other American brands to now becoming a staple with most cars. Car remotes have a radio transmitter that works on a short range of 15-60 ft. When you press the activation button it sends a signal to the car which is mechanically interpreted and the car can be unlocked this way. In general American cars work on a 315 MHz frequency. Car from Europe, Japan and Asia has cars that operate on high frequencies of 433.92.

The general practice is to have the lock beep twice when it is unlocked and a single time when it is locked. If you hear four beeps it means everybody in the car has not buckled up. One long beep will be for the trunk as well as the power tailgate. A single sharp beep is meant to indicate that the system is set and everything else is secure.

All of these functions with a remote key less entry are placed on a key fob. In some cases it is placed on the handle of the ignition itself. You will have buttons that will let you lock doors and also open trunks and check on the tailgate. You could even get the remote to open some sliding doors for you or hold them in place. There is always a red button on the remote that you can press on in the case of an emergency like a theft. It will shut down the car and not allow it to be moved at all.

It is one of the most interesting things to have a when you are dealing with the automatic keys is that you will find it on every brand conceivable. When you choose your car remote, weigh in all the relevant factors and make a choice for the best.

Support Networks in Recovery From Addiction

Support networks must be made a critical component of an addict’s recovery plan in order to prevent relapse and maintain and improve emotional, mental and spiritual health. Recovering addicts that do not have a support network often become depressed, withdraw from social interactions and eventually return to using drugs in order to self-medicate their emotional pain. Consequently, understanding how support networks can benefit a recovery program and what types of networks are available is essential for people who are battling the disease of addiction or alcoholism.

Support Networks: Why They Work

There are 8 primary reasons why support networks are crucial for people in recovery:

1.) Fellowship

The power of fellowship is felt in nearly all groups that gather for a specific purpose; especially groups with powerful missions like those dedicated to the recovery of addicts and alcoholics. Humans are innately social creatures that need to be around other people that share the same goals and interests. And while there might not yet be enough scientific evidence to prove it, for hundreds and perhaps thousands of years mankind has recognized the power of fellowship; it’s a call that all humans respond to and this may be even truer for addicts that need to know they are not alone in their struggle.

2.) Friendly Observation

People in recovery sometimes struggle with issues of honesty regarding their desire to use or their actual drug use despite recovery efforts. Having a strong recovery-based support network serves as a safety net in this regard, as people within the group can recognize issues and signs of relapse or impending relapse among others in the group. In this way people can “keep an eye on each other.”

3.) Environment of Understanding

People in the general public often find it difficult or impossible to understand the true nature of the disease of addiction and fail to recognize how powerful it really is. By creating a recovery support network, an addict or alcoholic can ensure that the people they surround themselves with understand addiction and will therefore be less likely to judge, admonish or “feel sorry” for others that they know have a legitimate, neurological disease that requires a daily effort to overcome.

4.) The Power of Sharing

There is a great deal of power in sharing and we see this in many different ways in society, from the individual talking to a therapist, to those who take part in groups and organizations, to people who open up to their barber or stylist, we clearly see that sharing helps people. Sharing can relieve stress, create stronger relationships and allow people to “let go” of emotional and other pain that they otherwise would allow to fester and grow. And according to Dr. Barton Goldsmith, sharing with others helps give us new perspective;

“There will always be problems in our lives, but sometimes we don’t have the capacity to handle them all by ourselves. Getting a 360-degree view is impossible when all you can see is what’s going wrong. And talking with another person can give you perspective.” (Goldsmith, Barton, Ph.D. Talk About Your Problems, Please Psychology Today March 3, 2011)

5.) Emergencies

When an addict has an “emergency”, it often means they are about to relapse. For some, this could prove fatal, so prompt action is required. Addicts that have good support networks are able to rely on people within them to come to their aid in the event that they feel drug use or a return to drinking is imminent. Additionally, a person in recovery may be empowered and enlightened when another addict asks them for help when they feel like using.

6.) Confidence

The confidence that a strong recovery-oriented support network can provide is significant. Many addicts report that just knowing there are people that they can talk to and others who are like them that they can turn to in the event of trouble makes it much easier to deal with the daily problems that often stress addicts and alcoholics out. When it comes to relapse prevention, confidence is one of the most critical components of recovery stability.

7.) Education and Resources

The more people an addict has in their networks, the more likely it is that new and useful information will be passed among the various members. And the more education and resources an addict has access to, the more likely it is that they will acquire the right combination of knowledge and tools not only to stay clean for life, but to help others do so as well.

8.) Entertainment

Being part of a recovery-oriented network doesn’t mean that there’s no fun or entertainment involved. People in recovery can still do all of the fun things they want to do, provided others in the group want to participate. Fortunately there are many recovery-sensitive groups and organizations that arrange outings, events and so on in order to provide clean entertainment for its members. Remember; it’s as important to share a laugh with your networks as it is to share emotional pain.

Types/Components of Support Networks

Each addict’s complete support network structure is unique. Some addicts consciously build their support groups, while others are unsure of what groups and networks exist, how to join and what the benefits are. The following are 11 different components that in whole or in part make up the support networks of many people in recovery:

1.) 12 Step Programs

Groups like AA (Alcoholics Anonymous) and NA (Narcotics Anonymous) have provided the fellowship and support necessary to help thousands of people maintain their recovery, “one day at a time.” Both groups are founded on the principle of the discussion and sharing of experiences, usually pre-empted by the humbling statement of;

“Hi, my name is so-and-so, and I’m an addict.”

Many rehab centers and drug treatment programs use 12 Step programs as a basis for the continued recovery program of their patients upon graduation. While these groups are not for everyone, they are convenient in that they can be found in virtually every area of the country.

2.) Recovery-Specific Groups

Recovery specific groups are those that gather for a particular purpose or activity in order to have clean fun together. Often there isn’t any structure to the groups in the sense of recovery-oriented dialogue or practices- in most cases these groups are just people trying to live normal lives but who all happen to be in recovery. Examples of recovery-oriented groups include the infamous 5th Chapter motorcycle club and Young People in Recovery.

3.) Connections Made During Treatment

When addicts complete drug or alcohol treatment together, they often form lasting bonds that become a key part of their support system. Of course, these relationships should only be maintained if they are healthy. These can be especially powerful relationships because the parties are essentially on the same “level,” and are likely going through similar experiences related to post acute withdrawal, issues re-integrating with society, etc.

4.) Recovery Forums and Websites

Recovery forums and websites provide an additional opportunity to develop relationships, discuss issues, share experiences, collaborate, meet and take part in activities together and much more. Forums are also an excellent way to gather information and resources and to easily develop a support system that might not be available in certain areas- especially very small cities and towns.

5.) Family & Friends

Family and friends that support the addict’s recovery are possibly the most important part of a strong support system. From old friends that bring understanding, history and loyalty to new friends that have been acquired along the path to recovery, often these individuals can provide more emotional support than others. The same is true of family members, but people in recovery must beware to limit relationships with family members that were enablers or those who do not suppo
rt or take addiction recovery seriously. In many cases relationships with family members are cited as the cause of substance abuse, so it’s important to choose the family and friends that are permitted into a support network carefully and honestly.

6.) Spiritual & Religious Groups

Even if you don’t take part in organized religion, there are often groups within groups among these types of organizations. For instance, AA and NA 12 Step meetings are often held at churches or other spiritual gathering places. In fact, some religious groups sponsor these programs because their ideals are largely aligned.

7.) Rehab Alumni Associations

For addicts that attended and completed a rehab program, there may be an opportunity to join an alumni association for that particular treatment center. This is an excellent way to stay connected to the people who were influential in the early part of a person’s recovery, and to meet new people who are also living a life free from drugs or alcohol, one day at a time.

8.) Community Outreach Programs

Many communities have outreach programs for the disadvantaged, and this can include drug addicts in some cases. Programs can be as simple as the provision of a place to gather and meet, or it can include funding for specialized treatment, groups, therapy and other benefits. In order to find out if your community offers such programs, your town or city hall is an excellent place to start.

9.) Healthcare Professionals

Therapists, doctors, nurses, dieticians, massage therapists, chiropractors and many other types of healthcare professional play a central role in the support network of addicts and alcoholics in recovery. In fact, most people in recovery probably underutilize this source and fail to recognize the benefits. However, this group is likely one of the most important parts of a recovery support system considering that these professionals help to maintain the physical, mental and emotional health of an individual. Consequently it’s vital that people in recovery are open and honest with their healthcare professionals and alert them to any issues that could indicate a relapse is imminent.

10.) School/Educational Resources

If you’re a student, it’s likely that your school or university has special programs available for people who struggle with substance abuse and addiction. These programs could consist of therapy or counseling, the hosting of recovery-related groups, resources to get outside help and possibly funding for treatment. Additionally, other students may become part of a support network, as they are almost certainly experiencing the same stresses and issues related to schooling, social pressures and so on.

11.) Volunteer Organizations

By volunteering for any number of a wide range of organizations, people in recovery can help to give back what was given to them in the way of compassion, understanding, advice, resources, financial assistance, etc. But perhaps even more importantly, the interactions between other volunteers and organizers can blossom into significant meaningful relationships that can one day become a key part of a healthy support system.

If you’re an addict or alcoholic in recovery and you don’t have a support network, it’s imperative that you take action now and get involved. You can start with a simple search in Google for recovery related forums, or you can check the Yellow Pages for the nearest AA or NA meeting. Remember; if you go to the same lengths to stay clean as you once did to use, you’ll very quickly develop a strong network of link-minded, recovery-oriented people that will offer a mutually beneficial way to keep fighting the good fight, one day at a time.

Your New Woodwrking Business – Knowing What To Charge

When selling your wood projects, what you charge for your final product is an important aspect of your woodworking business. If your prices are too high, you will lose customers, but if your prices are too low you risk the ability of having a profitable business that will provide you with the necessary income. This is a challenge that faces many woodworkers when starting a new woodworking business.

A good formula for determining a good price point for any specific product is to calculate the costs of materials, shop supplies, shop expenses and any subcontractor fees.

The total of these expenses is multiplied by whatever number that gives you a product price that is equal to your anticipated profit and your costs combined. Although this is pretty basic, it can be a little tricky.

Here’s a simple way to calculate all of the cost factors involved.

First, base your material costs on the price of the wood used and add 15% for waste. Add in any cost of fasteners, hardware and shop supplies like sandpaper, thinners, solvents, etc.

The next step is to come up with an overall hourly rate for your shop. The best way to do this is to combine your shop expenses with what you want to charge for your own time and labor.

Start by calculating all your woodworking business shop expenses like rent or mortgage, utilities, machinery maintenance, advertising and any other shop related costs. The easiest way to come up with an hourly figure for your own time is to determine how much you would be earning if you worked for somebody else.

An average month has 4.33 weeks, and if you plan on a 40 hour week that comes out to about 175 hours a month. Add up all of your shop expenses and divide that total by 175. Now take that number and add it to what you want to charge for personal labor and you now have your shop’s hourly rate.

You now have a basic outline of how to calculate prices for any of your products. Here is a simple example:

Let’s keep the numbers simple and assume that your shop expenses are $875.00 each month. That would come out to $5.00 an hour for a 175 hour month.

Now add you’re your personal labor charge. Let’s use $20.00/hour for this example.

So the shop’s hourly labor rate would be:

$5.00 + $20.00 = $25.00

The materials for this project cost $300.00 and the time spent was 30 hours. Your price for the project should be:

($25.00 x 30) + $300.00 = $1050.00

At this point, you need to determine whether or not you are going to add in any amount for your profit margin. This is important to any woodworking business and should be added. The industry standard is 15%.

For this example the profit margin would be 15% of $1050.00 or $157.50 and you would add this to come up with a final price.

$1050.00 + 157.50 = $1207.50 Final Price

This is a pretty basic approach to calculating product costs based on your overall expenses and it is effective. Of course, if your expenses are very low your prices will also be lower and more affordable. On the other hand, high expenses have the opposite effect. A good reputation is very important to your woodworking business, so be fair and give good quality for the money.