603,930 active members*
4,907 visitors online*
Register for free
Login
IndustryArena Forum > Community Club House > Mentors & Apprentice Locator > Start or buy Woodworking business Orange County CA
Results 1 to 5 of 5
  1. #1
    Join Date
    Apr 2010
    Posts
    0

    Start or buy Woodworking business Orange County CA

    I would love to talk with someone in business to show me the ropes. I'm ready to start but would like to avoid as many rookie mistakes as possible.

  2. #2
    Join Date
    Nov 2009
    Posts
    93
    Lots of stuff is made out of wood, its just the medium. It could be anything from a house, or a boat to a skateboard...

    I've done all 3, but is there anything in particular that you want to make or have experience in making..?

  3. #3
    Join Date
    Feb 2008
    Posts
    217
    Quote Originally Posted by Tim L View Post
    I would love to talk with someone in business to show me the ropes. I'm ready to start but would like to avoid as many rookie mistakes as possible.
    I would start by checking with every Govt. agency I could think of to find out what they require of me in terms of regulations to comply to. SoCal is a tough business climate due to regulations, taxes, and Govt. interference, you will need a DBA, probably a business license too, a way to dispose of HazMat, possibly a zoning variance if home based, . . . . Then document EVERYTHING. You need to learn about 1099 forms which you will send out and receive to document where the money is going out and coming in from. Then there's insurance s . . . are you getting excited yet ? sock away 1/2 of every cent you earn for taxes, Fed 15% SS & Mediscare 16.25% state 10% . . . or just make stuff & sell it for cash .

  4. #4
    Join Date
    Apr 2010
    Posts
    0
    Quote Originally Posted by Chrliev View Post
    Lots of stuff is made out of wood, its just the medium. It could be anything from a house, or a boat to a skateboard...

    I've done all 3, but is there anything in particular that you want to make or have experience in making..?
    Thank you for the reply and sorry I didn't see it sooner. I've been a hobbyist woodworker for twenty years. My research into what sort of business to open guided towards wood turning, (balusters, columns and table legs). Only 2 companies doing it. 1 in San Diego and 1 in LA. Since I've been laid off I've been learning cnc. I built a 4th axis machine to learn from and purchased Bobcad-Cam. Before I purchase a real machine and lay out money to rent a place I'm hoping to find someone experienced to talk with.

  5. #5
    Join Date
    May 2005
    Posts
    46

    I'd bet you can find help here

    Have a look here.

    Free Small Business Advice | How-to Resources | Tools | Templates | SCORE

    I used these guys 30 years ago. I think they are loosely associated with the S.B.A.

Similar Threads

  1. I need assistance with setting up a VMC in Orange County, NY
    By GisMo in forum Employment Opportunity
    Replies: 1
    Last Post: 07-08-2008, 11:09 PM
  2. So you want to start an engraving business
    By SHADOW042 in forum Laser Engraving / Cutting Machine General Topics
    Replies: 4
    Last Post: 04-09-2008, 05:20 AM
  3. Orange County, CA. Mentor wanted
    By Turbo1zz in forum Mentors & Apprentice Locator
    Replies: 13
    Last Post: 05-02-2007, 04:01 AM
  4. how to start your own business
    By Bozzz74 in forum Mechanical Calculations/Engineering Design
    Replies: 2
    Last Post: 08-22-2006, 09:53 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •