Side Hustle Spotlight: Starting A Reclaimed Furniture Business

Since we are huge fans of side hustles and multiple streams of income, we thought it would be worth spotlighting a few of our favorite ideas for side hustles and how to turn them into legit revenue streams.

With the resurgence of interest in ‘old as new,’ reclaiming vintage furniture has seen a huge uptake in the last few years - and the demand is growing. But how does a hobbyist become a full-time business owner in their favorite activity? Here are a few tips on how to begin your reclaimed furniture business.

Branding Your Business

Before you learn about how to begin your reclaimed furniture business, be sure to have a business name and branding thought out. Keep them simple and straightforward, so your customers can easily recognize your work.

Start by creating a logo with simple fonts and images that reflect the message of your business. Stay within a simple color family so that it can adapt to fit large or small spaces. It will become more recognizable against the competition.

Not-So-Fun Preparations

One of the most stressful parts of owning a reclaimed furniture business is doing the paperwork and vital legal preparations for opening. You need to set up a bank account, consider credit cards later down the line, register self-employment through HMRC, and save up money for emergencies.

It also comes down to researching the supplies and resources needed, so you have high-quality products. Be sure to know the common materials for table legs and other parts of your furniture, so your work stays in the best shape possible. It will show initiative for your clients and future customers and that you care deeply about the product.

Pricing and Marketing

The best way to show your business and promote a quality product is through proper pricing while using marketing. Social media contributes widely and is free to use, so upload regularly to keep clients current and interested. Otherwise, you can promote your business through different magazine publishers, online forms, websites, and so on.

Pricing your items at a reasonable rate is what makes or breaks client flow. You don’t want to underprice a product you poured your life into, nor do you want to overprice a product that lacks quality or hard work. Pricing comes down to material costs, labor costs, taxes, holidays, pension, and so on.

Opening a business, in general, can cause stress and bring hurdles to your dream ventures. Thankfully, with some guidance and patience, your hard work will pay off.