Pricing Projects I see the topic of pricing work come up over and over again, so I thought I would share my thoughts on the matter. By no means am I a guru of pricing or anything, but I have come up with a decent system that seems to work for me. I am currently a “full time” woodworker, but haven’t been for long. There are many more experienced folks on LJ’s, so take this with a grain of salt. I start with the same master excel spreadsheet for every project. The spreadsheet has three se...
Kind of a sad topic, but so it is. A good friend of ours died a couple of months ago and her husband commissioned me to make some cedar boxes for her and her sister. The sister died 2 years before, also from breast cancer. They were both still in their 50s.He provided the wood and asked for plain wooden boxes. Humph- I don’t DO plain, so I figured I’d do what I wanted and just charge him for plain boxes.These are the pieces of 1’ x 1” boards after I planed, sawed them,...
Today I made a small purchase of timber. when I received the bill I choked, 1m of 100×100 redwood at 12.20 GBP thats $19.6 USD 7.2m of 225mmx47mm pine floor joist at £6.17 per meter ($9.92 USD per meter) thats £44.42 GBP or $71.39 USDPro discount reduced this to £32.78 + VAT (Tax) £6.56, total of £39.34 GBP or $63.23 USD The redwood is ok, not the best or even real good, but ok.The pine joists are C16 which is about the lowest grade, full of knots and sap pockets Like every thin...
Many of my friends have been asking me for a copy of a “sales catalog” that shows pictures and prices of all the handcrafted pens and products that I have made? I imagine that I could just start cutting and pasting pictures of each of me pens, and then adding materials types and prices, however that seems to be a lot of work and has the potential to become unstructured and non-uniform, i.e. different sized pictures, formatting options, lack of table of contents, titles, etc. ...
Well, one more bowl turned and one more blog entry to write. And believe me, this is a good time to write this. It’s 4 degrees outside and 34 degrees in the shop. This topic is coming to a close. There are only a couple left to do I can think of, unless you have questions. Hell, there must be a couple of questions in Turlock. This is a tough topic to tackle. Say that 5 times really quick. Your pricing structure is this entries topic. The first component of any price structure is the cost. ...
I think I need help. It’s happening. I cannot stop researching planes and workbenches lately. I don’t have room for a bench, nor money for any planes, but they’re just so enticing! Lie-Nielsen has been the most attractive by far, but I find it staggering the number of planes available – 44 standards listed, with an additional 30 variants, not including left/right hand options for the few that have them (same price in each case). The bench plane model numbers (e.g. N...
Well after another two months of stewing I decided the best way to get rid of temptation was to give in to it and I bought the Dowelmax. Delighted with both the product and the service. As for the price… 300$ in the bank earns 2% after tax i.e.$6 a year. With inflation at 4% this means I was losing £6 a year….misery.Converting the cash into the Dowelmax means I have an asset which will last a lifetime, (or several lifetimes), appreciate in value, make/save money by using it on p...
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