Are you about starting a woodworking business? If YES, here is a complete sample woodworking business plan template & feasibility report you can use for FREE.
The thing to look out for when choosing a business to launch is to seek out a business whose products or services are needed in our everyday life; a business whose products can be purchased by the rich as well as the poor and a business that is less competitive in your location.
Starting a woodworking company can come in handy if you have the technical skills and of course the financial requirements.
If you are sure that this type of business is what you truly want to do after you must have conducted your market research and feasibility studies, then the next step to follow is to write a good business plan; a detailed blue print of how you intend raising your seed capital, setting up the business, managing the flow of the business, sorting out tax and marketing your services.
The truth is that, it is one thing to have a fantastic idea cum business plan; it is another thing for the business plan to translate to money, that is why it is important to assemble a team of experts to work with if you want to be successful with your woodworking company.
Below is a sample woodworking company business plan template that will help you successfully launch your own business.
A Sample Woodworking Business Plan Template
1. Industry Overview
Players in the Woodworking industry are involved in the manufacturing of different types and shapes of products with wood.
Woodworking is the skill of making items from wood, and it includes cabinet making (cabinetry and furniture), wood carving, joinery, carpentry, and woodturning.
A quick of happenings in the Woodworking industry shows that the industry in recent time has experienced a period of strong revenue growth.
A recovery in downstream demand has driven overall industry revenue growth during the period, as the construction sector and wood product manufacturers reaped the benefits of improving economic conditions in the united states.
In addition, the revenue generated by players in this industry is expected to continue growing over the next five years. Downstream customers, such as wood product manufacturers, carpentry contractors, and residential and nonresidential construction industries, will continue to be the major markets for industry products, while demand from households will improve as consumer confidence and per capital disposable continue to recover.
Statistics has it that in the United States of America alone, there are about 193 registered and licensed woodworking companies responsible for employing about 3,374 people and the industry rakes in a whooping sum of $827 million annually.
The industry is projected to enjoy 4.8 percent annual growth within 2013 and 2018. It is important to state that no establishment can boast of having the lion share of the available market in this industry.
Research carried out by IBISWorld clearly states that over the five years to 2018, the Woodworking industry has exhibited strong growth.
Strong improvements in downstream demand have driven industry growth, as wood product manufacturers and the construction sector overall reaped the benefits of improving economic conditions in the United States.
The report further shows that woodworking relies on demand from carpentry contractors, activity in residential and nonresidential building construction and wood product manufacturers.
Consequently, industry revenue is anticipated to increase at an annualized rate of 4.8 percent totaling $826.8 million over the five years to 2018. However, revenue is expected to decline 5.6 percent in 2018 as slowed demand catches up with the industry.
Over and above, the woodworking industry is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business; you can choose to start on a small scale or a large scale servicing a wide range of clientele not only in the United States’ market space, but exporting to other countries of the world.
2. Executive Summary
Nathaniel Jacobs® Woodworking Shop, Inc. is a registered woodworking company that will be located in Reno – Nevada; in an ideal location highly suitable for the kind of business we want to establish.
We have been able to lease a facility that is big enough (a 10 thousand square foot facility) to fit into the kind of standard woodworking company that we intend launching.
Nathaniel Jacobs® Woodworking Shop will be involved in carving of woods, cabins and also a wide range of household furniture (living room, dining room and bedroom furniture, upholstered, coffee tables, sofa tables, end tables, sofas, love seats, chairs, bookshelves, ottomans, display cabinets, consoles and TV stands and otherwise), outdoor and office furniture (Desks and home office goods, lamps, recliners, rugs and outdoor furniture).
We will ensure that we only make use of strong, sturdy wood including Aspen, Basswood, Butternut, Black Walnut, and Oak.
We are aware that there are several woodworking companies all around the United States of America, which is why we spent time and resources to conduct a thorough feasibility studies and market survey so as to be well positioned to favorably compete with all our competitors.
Nathaniel Jacobs® Woodworking Shop, Inc. will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.
We will ensure that we hold ourselves accountable to the highest standards by meeting our customers’ needs precisely and completely whenever they patronize our products.
Nathaniel Jacobs® Woodworking Shop, Inc. will ensure that all our customers (wholesalers and distributors) are given first class treatment whenever they visit our factory. We have a CRM software that will enable us manage a one on one relationship with our customers.
We will ensure that we get our customers involved when making some business decisions that will directly or indirectly affect them.
Nathaniel Jacobs® Woodworking Shop, Inc. is a family business that is owned by Nathaniel Jacobs and his immediate family members. Nathaniel Jacobs has a Diploma in Arts and Crafts, with over 15 years’ experience in the woodworking industry, working for some of the leading brands in the United States.
3. Our Products and Services
Nathaniel Jacobs® Woodworking Shop, Inc. is in the woodworking industry to service a wide range of clients and of course to make profits, which is why we will ensure we go all the way to give our clients and potential clients options. Our product offerings will include all products carved out of woods such as;
- Wooden art works
- Guitars and electric basses
- Wooden parts and accessories
- A wide range of wooden household furniture (living room, dining room and bedroom furniture, upholstered, coffee tables, sofa tables, end tables, sofas, love seats, chairs, bookshelves, ottomans, display cabinets, consoles and TV stands and otherwise), stationary sofas/sofa-sleepers
- Custom architectural woodwork and other fixtures
4. Our Mission and Vision Statement
- Our vision is to become the leading brand in the woodworking industry in the whole of Reno – Nevada.
- Our mission is to establish a world – class woodworking shop that will produce wooden related products from the finest of woods. A company whose products will not only be retailed all across the United States of America, but also be exported to other countries of the world.
Our Business Structure
Our intention of starting a woodworking company is to build a standard business whose products will be exported to other countries of the world. We will ensure that we put the right structures in place that will support the kind of growth that we have in mind while setting up the business.
We will ensure that we hire people that are qualified, honest, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders.
As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more. In view of that, we have decided to hire qualified and competent hands to occupy the following positions;
- Chief Executive Officer (Owner)
- Workshop Manager
- Human Resources and Admin Manager
- Sales and Marketing Manager
- Carpenters
- Accountants/Cashiers
- Customer Services Executive/Front Desk Officer
5. Job Roles and Responsibilities
Chief Executive Officer – CEO:
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring and appraising job results
- Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Accountable for fixing prices and signing business deals
- Responsible for providing direction for the business
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
Admin and HR Manager
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
- Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
- Defines job positions for recruitment and managing interviewing process
- Carries out staff induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for arranging travel, meetings and appointments
- Oversees the smooth running of the daily office activities.
Workshop Manager:
- Responsible for overseeing the smooth running of the workshop
- Part of the team that determines the quantity of furniture and wooden products that are to be produced
- Maps out strategy that will lead to efficiency amongst workers
- Responsible for training, evaluation and assessment of workshop workers
- Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
- Ensures that the workshop meets the expected safety and health standard at all times.
- Interfaces with third – party suppliers (vendors) of raw materials
- Controls furniture and wooden products distribution and supply inventory
Sales and Marketing Manager
- Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
- Identifies, prioritize, and reach out to new partners, and business opportunities et al
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
- Documents all customer contact and information
- Represents the company in strategic meetings
- Helps to increase sales and growth for the company
Carpenters
- Responsible for designing and producing wooden art works, guitars and electric basses, custom architectural woodwork and other fixtures, wooden showcases, partitions, shelving and lockers, and wooden parts and accessories
- Responsible for designing a wide range of wooden household furniture (living room, dining room and bedroom furniture, upholstered, coffee tables, sofa tables, end tables, sofas, love seats, chairs, bookshelves, ottomans, display cabinets, consoles and TV stands and otherwise), stationary sofas/sofa-sleepers
Accountant/Cashier:
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Provides managements with financial analyses, development budgets, and accounting reports
- Responsible for financial forecasting and risks analysis.
- Performs cash management, general ledger accounting, and financial reporting
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensures compliance with taxation legislation
- Handles all financial transactions for the organization
- Serves as internal auditor for the organization
Client Service Executive/Front Desk Officer
- Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries.
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
- Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
- Receives parcels / documents for the company
- Distributes mails in the organization
- Handles any other duties as assigned by the line manager
6. SWOT Analysis
Nathaniel Jacobs® Woodworking Shop, Inc. intends to become one of the leading woodworking companies in the whole of Reno – Nevada and we are fully aware that it will take the right business concept, management and organizational structure to achieve our goal.
We are quite aware that there are several woodworking companies all over the United States of America and even in the same location where we intend locating ours, which is why we are following the due process of establishing a business.
We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be equipped to confront our threats.
Nathaniel Jacobs® Woodworking Shop, Inc. employed the services of an expert HR and Business Analyst with bias in manufacturing to help us conduct a thorough SWOT analysis. This is a summary of the SWOT analysis that was conducted for Nathaniel Jacobs® Woodworking Shop, Inc.;
- Strength:
Our core strength lies in the quality of the products. We have a team of highly trained and experienced wood carvers and carpenters that can produce durable wooden products made from strong, sturdy, and versatile wood including Aspen, Basswood, Butternut, Black Walnut, and Oak.
We are well positioned in the heart of Reno – Nevada and we know we will attract loads of clients from the first day we open our showroom for business.
- Weakness:
A major weakness that may count against us is the fact that we are a new woodworking company and we don’t have the financial capacity to compete with multi – million dollar woodworking companies in the United States and most especially from China and Africa. So also, we may not have enough cash reserve to promote our woodworking company the way we would want to do.
- Opportunities:
The fact that we are going to be operating our woodworking company in Reno – Nevada provides us with unlimited opportunities to sell our furniture and other wooden related products to a large number of individuals and corporate organizations.
We have been able to conduct thorough feasibility studies and market survey and we know what our potential clients will be looking for when they visit our woodworking showroom; we are well positioned to take on the opportunities that will come our way. Despite rising imports, the industry will benefit from improved downstream demand.
- Threat:
The fact that import competition has remained intense during this period and also residential construction growth is expected to slow significantly will remain an ongoing challenge for our business. Another threat that may likely confront us is the arrival of a new woodworking company in same location where ours is located.
So also, unfavorable government policies especially policies that allows foreign manufacturers to flood the US market may also pose a threat for businesses such as ours.
7. MARKET ANALYSIS
- Market Trends
If you are conversant with the trends in the Woodworking Industry, you will quite agree that the changes in disposable income, consumer sentiment, ever changing trends and of course the rate of homeownership are major growth drivers for this industry.
No doubt, a massive rise in consumer confidence has also contributed in helping the industry experience remarkable growth, but uneven performance in these drivers has led to slightly constrained revenue growth for the Woodworking industry.
So also, the rising demand for both home and office furniture, as a result of increasing disposable income and consumer sentiment, will result in revenue growth, but profit margins will stagnate as furniture stores keep prices low to attract more sales amid growing competition.
A close watch on the industry activities reveals that, the Retail Market for Home Furniture and Bedding was hit hard by the recent economic downturn and experienced a decline in revenue. As part of marketing strategies, woodworking companies now ensure that they have showrooms at different locations where they display their furniture.
As a matter of fact, it is even cheaper to purchase directly from these showrooms established by furniture manufacturing companies as against purchasing from furniture retail stores. It is a strategy that helps them increase sales and income for their business.
Lastly, with the advance in modern technology, woodwork as a field has changed. The development of Computer Numeric Controlled (CNC) Machines, for example, has made us able to mass-produce and reproduce products faster, with less waste, and often more complex designs than ever before.
CNC Routers can carve complicated and highly detailed shapes into flat stock, to create signs or art. Rechargeable power tools speed up creation of many projects and require much less body strength than in the past, for example when boring multiple holes. Skilled fine woodworking, however, remains a craft pursued by many.
8. Our Target Market
We are fully aware that there is indeed a large national and international market for products made from wood hence we have positioned our woodworking company to service wood related construction companies, households and other manufacturing companies all around Reno – Nevada and every other location where we intend distributing our products.
We have conducted our market research and feasibility studies and we have ideas of what our target market would be expecting from us. We are in business to manufacture a wide range of wooden products for the following clients;
- Households
- Schools
- Corporate organizations
- Religious organizations
- Government establishments
- Carpentry contractors
- Residential and nonresidential construction industries
Our competitive advantage
A close study of the woodworking industry reveals that the market has become much more intensely competitive over the last decade. As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry.
We are aware of the competition and we are prepared to compete favorably with other leading woodworking companies in Reno – Nevada and throughout the United States.
Nathaniel Jacobs® Woodworking Shop, Inc. is launching a standard woodworking company whose products will indeed become the preferred choice of residents of Reno – Nevada. So also, we are located in an ideal property highly suitable for the kind of manufacturing company that we want to run.
One thing is certain, we will ensure that we manufacture a wide range of furniture and wooden products to meet international standards.
One of our business goal is to make Nathaniel Jacobs® Woodworking Shop, Inc. a one stop woodworking company for both cottage companies and large corporations. Our excellent customer service culture, online store, various payment options and highly secured showroom facility will serve as a competitive advantage for us.
Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.
We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Nathaniel Jacobs® Woodworking Shop, Inc. is in business to manufacture and retail a wide range of wood products. We are in the woodworking industry to maximize profits and we are going to ensure that we achieve our business goals. Nathaniel Jacobs® Woodworking Shop, Inc. will generate income by selling the following products;
- Wooden art works
- Guitars and electric basses
- Wooden parts and accessories
- A wide range of wooden household furniture (living room, dining room and bedroom furniture, upholstered, coffee tables, sofa tables, end tables, sofas, love seats, chairs, bookshelves, ottomans, display cabinets, consoles and TV stands and otherwise), stationary sofas/sofa-sleepers
- Custom architectural woodwork and other fixtures
- Wooden showcases, partitions, shelving and lockers
10. Sales Forecast
One thing is certain when it comes to woodworking business, if your factory is well located and you have good business network, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business.
We are well positioned to take on the available market in Reno – Nevada and we are quite optimistic that we will meet our set target of generating enough income from the first six months of operation and grow the business and our clientele base beyond Reno – Nevada to other states in the United States of America and other countries of the world.
We have been able to critically examine the woodworking industry, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Below are the sales projection for Nathaniel Jacobs® Woodworking Shop, Inc., it is based on the location of our business and other factors as it relates to woodworking shop startups in the United States;
- First Fiscal Year: $350,000
- Second Fiscal Year: $750,000
- Third Fiscal Year: $1.2 million
N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor within same location. Please note that the above projection might be lower and at the same time it might be higher.
- Marketing Strategy and Sales Strategy
Before choosing a location for Nathaniel Jacobs® Woodworking Shop, Inc., we conducted a thorough market survey and feasibility studies in order for us to be able to penetrate the available market and become the preferred choice for stakeholders in and around Reno – Nevada.
We hired experts who have good understanding of the woodworking industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Reno – Nevada and throughout the United States of America.
In summary, Nathaniel Jacobs® Woodworking Shop, Inc. will adopt the following sales and marketing approach to win customers over;
- Open our woodworking showroom in a grand style with a party for all.
- Introduce our woodworking company by sending introductory letters alongside our catalogue to construction companies, households, offices, religious organizations and key stake holders in and around Reno – Nevada
- Ensure that we manufacture a wide range of furniture and other wooden products
- Make use of attractive hand bills to create awareness and also to give direction to our showroom
- Position our signage/flexi banners at strategic places around Reno – Nevada
- List our business and products on yellow pages’ ads (local directories)
- Leverage on the internet to promote our business
- Engage in direct marketing and sales
- Encourage the use of Word of mouth marketing (referrals)
- Join local chambers of commerce and industries with the aim of networking and marketing our products.
11. Publicity and Advertising Strategy
Nathaniel Jacobs® Woodworking Shop, Inc. has a long – term plan of opening our retail outlets cum showrooms in various locations in Reno – Nevada and key cities in the United States which is why we will deliberately build our brand to be well accepted in Reno – Nevada before venturing out.
As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Nathaniel Jacobs® Woodworking Shop, Inc.;
- Place adverts on community based newspapers, radio and TV stations.
- Encourage the use of word of mouth publicity from our loyal customers
- Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook, Twitter, Google+ and other platforms to promote our business.
- Ensure that our we position our banners and billboards in strategic positions all around Reno – Nevada
- Distribute our fliers and handbills in target areas in and around our neighborhood
- Advertise our woodworking company in our official website and employ strategies that will help us pull traffic to the site
- Brand all our official cars and trucks and ensure that all our staff members and management staff wears our branded shirt or cap at regular intervals.
12. Our Pricing Strategy
Aside from quality, pricing is one of the key factors that gives leverage to woodworking companies, it is normal for clients to go to places where they can get furniture and products made from woods at cheaper prices which is why big players in the industry will always attract loads of clients.
We know we don’t have the capacity to compete with leading woodworking companies in the United States and in other parts of the world, but we will ensure that the prices and quality of all the products that we manufacture are competitive with what is obtainable amongst woodworking companies within our level.
- Payment Options
The payment policy adopted by Nathaniel Jacobs® Woodworking Shop, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Nathaniel Jacobs® Woodworking Shop, Inc. will make available to her clients;
- Payment via bank transfer
- Payment via credit cards
- Payment via online bank transfer
- Payment via check
- Payment via mobile money transfer
- Payment via bank draft
In view of the above, we have chosen banking platforms that will enable our clients make payment for the purchase of our furniture and other products without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.
13. Startup Expenditure (Budget)
This is what it would cost us to set up Nathaniel Jacobs® Woodworking Shop, Inc. in the United States of America;
- The total fee for registering the Business in the United States of America – $750.
- Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – $3,300.
- Marketing promotion expenses for the grand opening of Nathaniel Jacobs® Woodworking Shop, Inc. in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580.
- The total cost for hiring Business Consultant – $2,500.
- The total cost for payment of insurance policy covers (general liability, workers’ compensation and property casualty) coverage at a total premium – $9,400.
- The total cost for long – term leasing of a standard workshop facility and showroom – $250,000
- The total cost for remodeling the workshop and showroom – $20,000.
- Other start-up expenses including stationery ($500) and phone and utility deposits – ($2,500).
- Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $60,000
- The total cost for production machines, raw materials and start-up inventory – $75,000
- The total cost for store equipment (cash register, security, ventilation, signage) – $13,750
- The total cost for the purchase and installation of CCTVs – $10,000
- The cost for the purchase of office furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, tables and chairs et al) – $4,000.
- The total cost of launching a Website – $600
- The total cost for our opening party – $7,000
- Miscellaneous – $10,000
We would need an estimate of three hundred and fifty thousand dollars ($350,000) to successfully set up our woodworking company in Reno – Nevada.
Generating Startup Capital for Nathaniel Jacobs® Woodworking Shop, Inc.
Nathaniel Jacobs® Woodworking Shop, Inc. is a family business that is owned and financed by Nathaniel Jacobs and his immediate family members. They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the startup capital to 3 major sources.
- Generate part of the startup capital from personal savings and sell of stocks
- Source for soft loans from family members and friends
- Apply for loan from the bank
N.B: We have been able to generate about $100,000 (Personal savings $80,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $250,000 from our bank. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.
14. Sustainability and Expansion Strategy
The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. If all of these factors are missing from a business, then it won’t be too long before the business close shop.
One of our major goals of starting Nathaniel Jacobs® Woodworking Shop, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to manufacture and retail durable furniture and other wooden products a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.
Nathaniel Jacobs® Woodworking Shop, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
Check List/Milestone
- Business Name Availability Check: Completed
- Business Registration: Completed
- Opening of Corporate Bank Accounts: Completed
- Securing Point of Sales (POS) Machines: Completed
- Opening Mobile Money Accounts: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance for the Business: Completed
- Leasing of facility and remodeling the facility (workshop and showroom): In Progress
- Conducting Feasibility Studies: Completed
- Generating capital from family members: Completed
- Applications for Loan from the bank: In Progress
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents and other relevant Legal Documents: In Progress
- Design of The Company’s Logo: Completed
- Printing of Promotional Materials: In Progress
- Recruitment of employees: In Progress
- Purchase of the needed production machines, furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business both online and around the community: In Progress
- Health and Safety and Fire Safety Arrangement (License): Secured
- Opening party planning: In Progress
- Compilation of our list of products that will be available in our store: Completed
- Establishing business relationship with vendors – suppliers and wholesale distributors of furniture and other products made from wood: In Progress