Woodworking Business Plan Template [Updated 2023]

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II. Company Overview

You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Who is [Company Name]?

[Company Name], located in [insert location here], is a new, independent woodworking company focusing on producing high-quality products for its clients. The Company seeks to cater to the needs of a wide range of clients in the surrounding area.

The [Company]’s products will feature modern furniture, home decor and children’s toys. The Company will ensure that its products are of the highest standards and meet the client’s needs precisely.

[Company Name]’s History

[Founder’s Name] is an entrepreneur with a passion for arts and crafts who seeks to provide a one-of-a-kind upscale woodwork experience to the community by offering a wide selection of woodworking products in one place. [Company Name] will become a known woodworking retail shop in [Location] that will engage in all aspects of business services synonymous with a standard organization operating in the woodworking industry.

Upon surveying the local customer base and finding the potential retail location, [Founder’s Name] incorporated [Company Name] as an S-Corporation on [date of incorporation].
[Founder’s Name] has selected an initial location and is currently undergoing due diligence on each property and the local market to assess the most desirable location for the woodworking shop.

Since incorporation, the company has achieved the following milestones:

  • Developed the company’s name, logo, and website
  • Determined the list of products to be offered
  • Determined equipment and inventory requirements
  • Began recruiting key employees with experience

[Company Name]’s Products/Services

The Company will be offering the following products:

  • Beautifully carved wooden decoration pieces and sculptures
  • Wooden chests
  • Small wooden furniture
  • Wooden toys
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