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Hello, from Philadelphia!

Posted: Mon Sep 14, 2015 11:05 am
by EDMM
I've been hitting this forum pretty hard lately as I prepare to set up my own shop. This has been a great resource already, and I'm looking forward to learning plenty more here in the future. Thanks, and hello!

Re: Hello, from Philadelphia!

Posted: Tue Sep 15, 2015 5:28 am
by motox
welcome to the forum
craig

Re: Hello, from Philadelphia!

Posted: Tue Sep 15, 2015 2:12 pm
by Mike
Welcome to the forum EDMM.

Re: Hello, from Philadelphia!

Posted: Fri Sep 18, 2015 11:53 am
by Boomer63
EDMM - Welcome to the forum! What kind of shop are you setting up? Is it going to be some kind of full time business, or just for your own projects?

Gary

Re: Hello, from Philadelphia!

Posted: Fri Sep 18, 2015 2:08 pm
by EDMM
Boomer63 - I make furniture (healthy mix of both wood and metal). It's a young business, and I'm trying to grow it as organically as I can so I guess right now it's in transition from part to full time. I've been sharing shop space until now--but I think it's time to get my own. I'm hoping my own space will allow me to do things in a more efficient way, take on more work, up my quality, and develop larger and more complex projects.

Re: Hello, from Philadelphia!

Posted: Sat Sep 19, 2015 9:51 am
by Boomer63
EDMM wrote:Boomer63 - I make furniture (healthy mix of both wood and metal). It's a young business, and I'm trying to grow it as organically as I can so I guess right now it's in transition from part to full time. I've been sharing shop space until now--but I think it's time to get my own. I'm hoping my own space will allow me to do things in a more efficient way, take on more work, up my quality, and develop larger and more complex projects.
I have my students do various and sundry projects, some furniture, as part of our metal fabrication course. We typically do a prototype for cost of materials, then if we get anymore orders, I will double material cost and keep the left over money to purchase smaller parts, consumables, etc. for the shop. I keep a very careful record of these cash transactions, so I can't be accused of bagging the money for myself.

From the position you are, having been in a similar position myself in the past, I would suggest you keep your furniture endeavor a part time deal for a long, long time. You many never cross the line with into full time. But remember, it is a wonderful, cash source of retirement income!
Gary

Re: Hello, from Philadelphia!

Posted: Wed Oct 14, 2015 6:37 pm
by subwayrocket
From up northeast PA , Welcome to the forum !