Thinking about starting your own carpentry business?
It can be an incredibly rewarding experience but there is a lot which can go wrong.
If you are thinking about going for it and starting your own company, here are some of the pros and cons you need to consider.
The Pros And Cons Of Starting Your Own Carpentry Business
Pro – You Are Your Own Boss
You are officially the Big Boss.
You will be the one who decides which jobs are accepted and who you employ.
If you are seeking responsibility and the chance to truly control your working day, this is definitely going to be the career path you should consider.
Con – You Are The Liable One If Things Go Wrong
Not every job will be completed without a hitch and you need to have some precautions in place in the event that things do go wrong.
If you buy carpenter insurance, you will have a comprehensive set of policies which are able to give you a helping hand during lawsuits and other claims.
It is extremely important that you are able to protect yourself this way so buy insurance as soon as your business is up and running.
Pro – Many Areas Of Specialisation
The amazing thing about carpentry is that there are many areas of specialization that you can go it.
You could do general joinery, or you could focus on cabinetry or furniture making.
You could even choose to specialize in restoring antiques.
Whatever takes your fancy, you will be able to move your business in that direction.
Con – Site Safety
You might not be the one in control of the site health and safety, so you should make sure that you and your workers are always outfitted in the correct PPE gear.
If you have a workshop, make sure that everyone understands the latest health and safety directives and come down hard on anyone who is lax with them.
If you are proactively fighting accidents, they are less likely to occur.
Pro – Ongoing Work Year-Round
We have been using wood as a medium for thousands of years and it seems like that is not going to change anytime soon.
If you are going to go into any of the construction professions, carpentry is one which is bound to guarantee you work all year round.
Con – Hard Work In Potentially Poor Weather
Being on a construction site is never easy.
You may have to work through poor weather to keep a build on schedule and this can take a toll on a person.
It won’t always be the easiest of undertakings and you need to be prepared to motivate yourself and the team to get the job completed.
Starting your own company is an extremely rewarding experience but it is not without risk.
Take stock of the pros and cons we have listed above and think about how you would handle them.
They are just some of the things which might get flagged up when running a business.
If you think you can handle all of them, the world of carpentry might be right for you!