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MasterPlans is a 10-year-old business plan writing company located in Portland, Oregon. To contact us, call 1-877-453-2011 or email info@masterplans.com.
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MasterPlans: The business plan experts. Custom business plans by professional business plan writers. Business plan consulting by professional business plan consultants.

Woodworking Shop Business Plan

Woodworking shop business plans can take on a couple different forms. Do you intend to rent out space in a larger location you own to allow people to work with carpentry, crafts, and other handiwork, or is yours a solo shop and you need capital to get started or grow your toolbox? No matter which model you follow, your business plan should demonstrate how you will itemize start-up funding across different costs and at what point you plan to reach break-even. If you'll be presenting for SBA-backed funding, be prepared to complete a three-year model with a monthly breakdown of key figures for the first year. Also good to include:

• What is the market opportunity locally?
• Who do you see yourself competing with?
• Are there photos of the space or sample projects you can share?
• What marketing strategies will you rely on?
• How many people will you employ, if any, and when would they start with you?

The woodworking business plan should also give a snapshot of the industry itself, a complete bio on you as the owner, and a description of the products and services you can deliver. A concise executive summary, market needs assessment, and personnel plan are all common bank requirements. If the pro forma has you stumped or you're better and building tables and chairs than a market analysis or P&L, call MasterPlans. As the leading business plan writing firm in the US, we have written for more than 8,000 clients so far including start-ups and existing businesses alike. Call us today to learn more: 877-453-2011.

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