How to Price Your Work as a Maker (Woodworking Business Example)

This is a confusing topic for Makers – how to price your work. Learn about pricing with practical examples and clear instructions so you can make profitable decisions. Topics covered in this episode include:
– ways to price work
– how to estimate time
– what to charge for an hourly rate
– what to charge for material
– how to validate your pricing

Scott has a business degree and has run his part-time woodworking business since 1999. He shares his experience and knowledge to help other Makers price their work.

If you would like to see more insights into the business side of being a maker, please post your comments on the video.

See tools we use in our workshop and the tools we recommend: https://www.amazon.com/shop/homeimprovementwoodworking

For more woodworking knowledge or to contact us directly, visit our website http://HomeImprovementWoodworking.com

Hosted by Scott Bennett, owner of Wooden It Be Nice – Custom Woodworking in Brooklin, Ontario