Business Overview

Carpentry businesses build, maintain, repair, or renovate residential and commercial buildings. Structural carpentry, such as framework, contributes to community safety by ensuring the structural integrity of homes and businesses. Finish carpentry, such as restoration of historical buildings, contributes to the environmental beauty and increased real estate values of the community.

Who is this business right for?

A carpentry business is ideal for those who enjoy working with their hands and building things. It’s ideal for those who enjoy preserving and restoring historic landmarks as well as creating new ones for future generations. Those who take pride in their work and a sense of satisfaction in helping customers utilize space more effectively will enjoy this type of business.

What happens during a typical day at a carpentry business?

  • Creating service contracts outlining the terms, conditions and timelines of projects to minimize the risk of legal disputes
  • Reading blueprints, drawings and sketches to calculate specifications and requirements
  • Preparing layouts that conform to building codes
  • Measuring, cutting, and assembling building materials
  • Building foundations, installing floor beams, walls, and roof systems
  • Installing and fitting doors, stairs, and window frames
  • Supervising apprentices

What is the target market?

Preferred customers are those who have the financial resources to build or repair a home or business. Professional building contractors and real estate developers who can provide a large volume of business are also often preferred clients.

How does a carpentry business make money?

A carpentry business makes money by charging customers for the time, skill, materials and labor required to complete various types of building projects. Prices are calculated according to the level of skill and experience required as well as the quality of the materials.

What is the growth potential for a carpentry business?

A carpentry business can expand to the extent that it is able to provide franchise opportunities for other independent contractors.