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Reply by huff

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Posted on Woodworking Co-op

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huff

2783 posts in 1886 days


#1 posted 1744 days ago

Sounds like being married to a half dozen women at the same time. I’m sure there are some advantages, but also see where it would be tough to please them all. I’ve heard of co-op’s before, but not quite like that. Usually they share a large space. (You can rent a 15,000sq.ft. building a lot cheaper per sq. ft. then you can a 2,000 Sq. ft. space}. Each woodworker has his own alloted space and then shares some of the common space, and each woodworker has his own cliente’s. If the project is large enough, he may get help from some of the others, but mostly each is independent. They share the rent and overhead and will share the cost of someof the large stationary tools. (Example: A small shop may not be able to afford a 24” planer, or a large molding machine, but the co-op can go in together and purchase a large machine and it’s used by all. They all share in the purchase and they share in the maintance. Some co-ops will have a common office space with a receptionist taking care of all the incoming calls etc. There’s a lot more to it then that, but I’ve heard it’s worked in a number of areas. That’s one you better have a strong business plan before you venture into. Good luck and keep us posted.

-- John @ http://www.thehuffordfurnituregroup.com


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