About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Woodturnings
Startup Costs: $2,000 - $10,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
If you're an artist who likes to work with wood, this is the biz for you.
Business Overview
Fruit bowls, candlesticks, stair spindles or baseball bats—there are literally hundreds of different products which can be manufactured simply by purchasing a wood-turning lathe and mastering the art of wood turning. While the finished products can be sold directly to consumers, a better choice in terms of merchandising the wood-turning products is to arrange accounts with retailers, such as gift shops, to stock and sell the products. Some quick math will tell you that just a dozen or so accounts with retailers like this can generate a very comfortable living manufacturing and wholesaling wooden bowls.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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About costs
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