The Few, The Proud, The Patriot Woodworker's! Make no bones about it, we aren't many, but we are very proud of our community here!
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Showing results for tags 'profit'.
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So a friend, who i've made something for previously, posts on FB a pic and link to an oval cutting board that overhangs an inside counter in the kitchen. 24x18, maple, available on Amazon for $132 with free shipping. told him that there is no way that me making that for that price is worth me doing it. figure i'd need about 4BF of lumber. lumber that is 120 miles away (round trip). so i'd spend about $24 on gas just to fetch the lumber, another $25 on the lumber, and another 3-4 hours making it over the course of a day or two. 132-49 = 83, and if i cover shipping, that would be about $30 to me (as i'm not a frequent shipper), so my paper profit is now about $53. for 3 hours of effort, that's only about $17/hr. not worth doing it once you factor in the fixed shop costs that should be accounted for to determine the real "money in my pocket" profit.
I have never made a pen and have only seen them on line or sometimes at sales. I would think their sales would be very limited. People use their phones for nearly everything that the pen was used for. Notes, reminders, lists, voice memos and letters have been replaced by email and text. You get free pens at the dentist and in most businesses. The biggest problem with me and pens.................I can't keep them, always lose them. Can pen makers make a profit, considering supplies and paying themselves minimum wage labor cost?