CARPENTRY AND JOINERY BUSINESS PLAN SAMPLE TEMPLATE
Have you ever seen a house without furniture? Definitely not, a house cannot be said to be complete without a carpenter or wood joiner product. This has made the business indispensable and those engaging in such trade are never scared of how to survive since they know that jobs are readily waiting.
Actually, how much you will make is dependent on so many factors, so don’t expect all wood joiners to make the same amount.
Here are important steps that must be taken before starting a carpenter and wood joiner business.
- LEARN FROM A CERTIFIED PROFESSIONAL
Yes, when starting a carpenter and joiner business you need to at first learn the trade from a well know professional. Carpentry is not just a trade you can jump into without proper training, it requires daily and intense training.
Starting a business doesn’t end at starting alone, if it won’t survive it’s as good as not starting it at all. If you don’t understand the basic of carpentry and the best, fast, and easy way of going about it, you might not end up surviving in the business. But when you learn from a professional who have gathered a lot of experience and has learnt from some of his previous mistakes, then you can really hope to succeed.
- DRAW A GOOD BUSINESS PLAN
Actually for any business one gets involved in one of the most important things is to get a good carpentry and joinery business plan. Business plan has been defined as a formal statement of your business goals. They are goals that you are trying to achieve and ones which you must achieve.
So, at the start of your carpentry business try to write a business plan and make sure important points are included, points like; Start up fund, estimate profit in an expected year, number of expect worker amongst others.
- GET THE NEEDED TOOLS
Starting a carpenter and joiner business is easy when you have the right tools for each work. So at the planning stage having learnt from a professional make sure you get the tools needed.
We live in a world where technology has made things easier than it was before, today there are thousands of tools a joiner can use for fixing two woods together, there are equipment that can also be used to smoothen the surface of your materials, and equipment that help hold your material without the help of others. Having these equipment will make your work easier and less stressful.
However, due to difference in circumstances you might not be able to get all the needed tools at the same time but endeavour to get especially the most important ones.
- BE CREATIVE
There are millions of designs humans have not yet discovered, our power of reasoning can bring the best result. People will definitely admire your work if they notice that you produce designs that they haven’t seen before. You don’t always need to wait for your customers to give you specifications.
So, before starting a carpenter and joiner business, try and make some designs, thanks to technological advancement designs can now be done easily with the aid or a system. Make as many designs as possible before starting your business, make sure they are new designs and not the so called old school style.
- A NICE WAREHOUSE AND SHOW ROOM
One other thing you need to note when starting a carpenter and joiner business is that having a nice warehouse would aid your business. A showroom is a place where your already made furniture are kept.
This is important because if you will wait till you get buyers before working it might seem difficult, but with the aid of a showroom you get to store and show your designs to your client and if they don’t like the previous designs, they can as well give you new specifications.
- REGISTER YOUR BUSINESS
One other important thing you need to do when starting carpenter and wood joiner business is to register your business. In every location there are organizations for wood joiners, to be able to receive jobs in such areas your business need to be duly registered. If you plan to grow bigger registering with government own organization is also very important.
In conclusion, starting a carpenter and joiner business is definitely not easy, but when you make good preparation before starting the business it will help you succeed. Remember the most important thing to do is get a good business plan, after which you must learn the trade to really show seriousness on your part.
Remember you need to get the basic tools and when possible other expensive important tools, being creative will definitely help you to succeed. And before starting the business, get a nice location as warehouse that is safe, secure and comfortable for clients. As long as this is put in place then you can be sure your business will be a success story.
Here is a sample business plan for starting a joinery business.
CARPENTRY BUSINESS PLAN EXAMPLE
Woodwork is an exciting job for many. A lot of successful businesses have sprung up from this area of specialization. In this article, we will provide you with a carpenter joiner business plan sample. This is for those who want to setup an enterprise. By working with this sample, you benefit immensely through the adoption of the general framework. We deemed this necessary because a lot of entrepreneurs encounter problems with their plans.
In writing this sample, we go straight to the point and strip it of any bogus content that may not be necessary. This is highly summarized and meant to pass the message in the best way possible. We encourage you to not rush the planning stage of your business. The better it is, the more beneficial it will be for the stability and growth of your business.
- Executive Summary
James Cooper Joinery Services™ are professionals in the provision of all types of carpentry joinery services. Our business is headquartered in Salt Lake City, Utah. From this location, we offer our services to clients all across the state of Utah. Our team includes highly experienced craftsmen and carpenters who offer services that range from wood flooring, repairs and restorations, bespoke joinery as well as staircases among others.
From the moment a client places a call or visits our office, we commit ourselves to find a lasting solution to the needs of such clients. We do not just see another job, but a client who needs to be deeply convinced and satisfied with our job. We have succeeded in getting our workforce to adopt the same outlook on any job handled.
- Our Services
At James Cooper Joinery Services™, we offer a range of comprehensive carpentry joinery services. These services include bespoke joinery, wood flooring, staircases, doors, windows and conservatories, roofs and trusses as well as repairs and restorations. All of these services are provided by experienced professionals who have put in several years of work. These people understand what makes for a perfect job.
- Vision Statement
In order to be competitive in the market place, we have set high standards for our carpentry joinery business. This includes executing each job with all the professionalism and detail it deserves. Through this, we see our business eventually breaking into the top 10 joinery businesses in Utah within the space of 7 years.
- Mission Statement
At James Cooper Joinery Services™, we do not take our clients for granted. Our mission is to ensure that our jobs speak for themselves. We are in the process of building a solid brand that will be known for excellence in service delivery.
In raising the required funds for take-off of business activities, we have been able to access credit to the tune of $500,000.00. This was offered with a monthly interest rate of 1.5%. This loan will be paid at the end of 8 years from the time it was issued. We have used this in purchasing machinery and necessary equipment for our business.
- SWOT Analysis
To excel in our business, an evaluation is required of our capacities. We have taken this seriously and have called for an analysis of our operations by an independent and reputable business solutions consultant. The findings have been of tremendous benefit as it helps us adjust our operations towards achieving increased output and preparing for challenges;
We have the strong drive necessary for success as well as an understanding of the marketplace. This enables us to plan ahead as well as take precautionary steps and actions when required in order to avoid pitfalls. Our management team has previously been successful in growing small businesses into major successes. This will be replicated at James Cooper Joinery Services™.
Due to our current capacity, we may not be able to handle major contracts. However, the growth of our carpentry joinery business is certain. It will only be a matter of time before we are able to bid for major contracts. We are planning for an expansion of our services in the near future (in a year’s time).
We are in business because of the opportunities available to us. We are determined to make good use of these opportunities. People will always want to renew, repair or replace damaged parts of their homes. Also, rebuilding destroyed communities (although a negative situation) after a natural disaster presents us with enormous opportunities to provide quality services to clients.
We are faced with threats too! These are in the form of an economic recession. This will have a severe impact on businesses including ours. The negative effects of this cannot be dismissed with a wave of the hand. We are continually seeking better ways to ensure that when it does happen, we are not entirely exposed.
- Sales Projection
To grow as a business, we need patronage. A steady demand for carpentry joinery services will significantly influence growth. Demand for such services in currently at an all time high. This is expected to remain so for a significant amount of time. Based on these realities, we have done a three-year sales projection with the following positive results;
- First Financial Year $250,000.00
- Second Financial Year $600,000.00
- Third Financial Year $1,000,000.00
- Competitive Advantage
There are several carpentry joinery businesses competing for clients. What separates us from the pack is the edge we have over many of these. We have gained a critical understanding that to add up the numbers (attain profitability), our focus should be on the happiness of the client. Therefore, we seek to exceed our client’s expectations by giving every job our all no matter how small it may be.
- Marketing Strategy
Due to the quality of jobs we churn out, our clients are naturally inclined to spread the word to friends and family. We offer them an additional incentive to do so by discounting future jobs they need our services for. We have a functional website as well as social media accounts where we market our services too.
Our carpentry business plan sample has included the most vital parts your plan should have. Although this is an imaginary company, we have tried to be as realistic as possible. Your plan would have to include real data obtained from your feasibility study. Using this, you are able to follow the general structure to arrive at a desirable outcome.