20 Creative Woodworking Business Ideas
Interested in starting a woodworking business but not quite sure what to start?
Fortunately, there are plenty of different opportunities to start an innovative and profitable business in this line of work.
If you're looking to start your own woodworking business, there are several low-investment options you can choose from.
Here they are:
1. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
2. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
3. Create an online course
An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.
As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.
With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.
For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.
How much you can make: $350 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 87 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
4. Start a woodworking business
While many see woodworking as a hobby to pass the time, it is a profitable blue-collar business with growth potential. If you are skilled, passionate, and looking for a blue-collar side hustle, consider starting a woodworking business.
Starting a woodworking business allows you to work from home. Besides, you can scale the business easily and enjoy unlimited earning potential. Some opportunities you can go for include building custom wood pieces, teaching others about woodworking, starting a woodworking blog, and flip furniture.
How much you can make: $1,000 — $40,001/month
How long does it take to build: 204 days (?)
Time commitment per week: Min. 5 hours/week
Sasha Weekes, owner of Timber Grove Studios, turned her fine arts and cabinetmaking education into a successful home-based woodworking business that grew from a side project to netting 20-50% profits month-to-month and up to $10,000 in sales during peak periods through Etsy, with her company's growth continuing to increase through other social media outlets.
5. Start a plywood manufacturing business
6. Start a book shelf business
Struggling to find the perfect business idea that merges creativity with practicality? Consider starting a bookshelf business.
The concept is straightforward: design and produce custom bookshelves tailored to various tastes and spaces. You'll work with wood, metal, and other materials to create stunning storage solutions for books and decor.
This business taps into a consistent market—everyone, from avid readers to interior designers, needs functional and stylish shelving. Crafting bookshelves offers the rewarding experience of bringing your designs to life while meeting the organizational needs of others.
Beyond just woodworking skills, you’ll need to engage in market research, source quality materials, and market your products effectively. But if you love hands-on work and have an eye for design, a bookshelf business could be both fulfilling and profitable.
How much you can make: $50,000/month
How long does it take to build: 365 days (?)
OrderOfBooks.com is a website that lists books in both publication and chronological order and generates six-figure revenue after starting off as a resource for the founder and his friends, serving as a valuable resource for book readers.
7. Become an interior designer
Interior designing involves making indoor spaces safe, functional, and beautiful by determining space requirements and selecting essential & decorative items such as colors, lighting, and materials.
The global luxury interior design market is growing at a CAGR of 9.0%. The growth metrics show there is great potential for entrepreneurs targeting households.
If you are starting a luxury interior design business, focus on style and specialty. Add valuables with creative professions, such as interior design, so you stand out from the rest. Ensure you hire the right people and hone the brand identity.
How much you can make: $100,000 — $415,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 90 days (?)
Mother and daughter duo turn passion for antiques and design into a boutique design firm with over $1 million in annual revenue and hundreds of trophy projects, showcasing the importance of grit, determination, and passion in building a successful business.
8. Start a picture frame making business
A picture frame is a decorative and shielding edging for an image, such as a photograph or a piece of art. More artists use frames to protect their artwork from damage and to provide their art pieces with a great look.
According to business reports, the market size for picture frames is estimated at $2.0 Billion and will keep rising over the next decade.
Thus, starting a picture frame production business in 2024 can be a great idea. To grow your business quickly, consider partnering with local photographers and artists.
How much you can make: $500,000/month
Matboard and More is a picture framing company that allows for unlimited choices and customization when it comes to framing supplies for any type of art, and is self-funded with an initial investment of $50,000 that led to a successful AdWords campaign and a massive focus on quality, service, and the customer experience.
9. Start a beer bottle crate business
10. Start an antique furniture refurbishing business
Antique furniture is a collectible interior furnishing that adds a timeless quality to a space. Antique furniture features attractive designs that looked good 50 or 100 years ago and remains attractive today.
How much you can make: $2,000/month
A DIY and renovations blog called Grandma's House DIY, founded by Tarah Wolff, is bringing in around $2,000 a month, and has grown to average 40k monthly sessions with around 70k monthly page views, through consistent posting and promotion on niche websites.
11. Start a candle holder business
According to statistics, the demand for candle holders is set to witness a CAGR of around 10.5% over the next few years. A growing population is very much in line with the increasing demand for candle holders. Apart from the functionality of candle holders, users have diverted them towards being decorative items.
Therefore, there is a ready market for candle holders, and starting a business in that line can be a lucrative opportunity.
How much you can make: $2,500 — $500,000/month
How much does it cost to start: $250 (?)
How long does it take to build: 60 days (?)
Wax & Wick is a 100% soy candle company with wood wicks, that creates environmentally-friendly products; starting off making $1,000 a month in 2015, they brought in about $20,000 per month during Q3 2017 and plan to add ten new scents and a premium sized jar for 2018's $50,000 per month goal.
12. Start a woodworking supplies business
Attention all woodworking enthusiasts—turn your passion into profit with a woodworking supplies business. In simple terms, this venture involves selling essential tools, quality lumber, and finishing materials to fellow woodworkers, hobbyists, and professionals alike.
Imagine being a one-stop shop that provides premium woodworking products to an eager audience. The people who love working with their hands will appreciate your high-quality offerings and reliable service. With a well-curated inventory and strong customer service, you could build a reputation as a go-to resource for the woodworking community.
There's a bit of legwork involved, from sourcing top-notch inventory to setting up an intuitive online store or a welcoming physical space. But if you have a keen eye for quality and a vision for what woodworkers need, this business could carve a successful niche for you. Ready to shape your future with woodworking supplies?
How much you can make: $1,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 365 days (?)
Zack Hall started SketchUp For Woodworkers, an online course for teaching woodworkers how to use 3D design software, after acquiring an old website and investing $5,000, with the business now earning around $1k per month and attracting almost one sale per day through organic SEO traffic.
13. Start a jewelry box business
Jewelry boxes and organizers help consumers store and organize bracelets, earrings, rings, and necklaces. Consumers with an increased purchasing power spend their money on jewelry collection and hope to keep the pieces tidy and neatly.
With the Jewelry market witnessing growth, the demand for jewelry boxes will also increase. The growth is because consumers are interested in purchasing attractive packaging and will even pay higher prices to get a beautiful and aesthetic look.
If you are interested in starting a jewelry box business, the best target would be jewelry manufacturers and their customers. Supply attractive jewelry boxes that will meet the consumer's needs.
How much you can make: $5,000 — $400,000/month
How long does it take to build: 545 days (?)
Taylor & Hart CEO Nikolay Piriankov tells the story of the company's journey from a diamond trading business to an award-winning, disruptive e-tailer of custom-designed, ethical engagement rings and fine jewelry, offering a bespoke design service through specifically developed technology online and instore, and growing to £4-6M in annual revenue.
14. Start a cabinet making business
15. Start a decorative wood business
Laser engraving on wood provides a precise, accurate way of creating patterns, shapes, and designs.
The laser precision helps artists achieve a clean cut and smooth finish on the wooden surfaces. Whether working with hardwoods, veneers, plywood, or cherry, you can use laser cutting technology to engrave amazingly intricate images.
16. Start a planter box business
17. Start a cutting board business
18. Start a puzzle business
How long does it take to build: 135 days (?)
19. Start a wooden remote business
20. Start a wooden boat repair business
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
