Success Story: Son of a Woodcutter, a Woodworking Business

This week’s feature is on Jack Fouracre and his custom furniture shop, Son of a Woodcutter! This is his story:

Tell us about your woodworking business

We build custom wood furniture from sustainably sourced Ontario Hardwoods.

What made you decide to become a business owner?

I have lots of hobbies so the flexible schedule is priceless!

Jack Fouracre, owner of Son of a Woodcutter, custom woodworking business in Canada

What has been your biggest success or earliest win in running your custom funiture business thus far?

6 years in and I turn around and look at what has evolved from literally nothing, no business loans, no crazy risks. Just a steady job for three guys and lots of happy clients!

What has been your biggest challenge in running your woodworking business?

As we are currently looking for our 4th space in 6 years, finding suitable space is proving to be very tricky. Industry of all kinds is getting pushed further and further out of the city.

Jack Fouracre, custom woodworking entrepreneur, working in his shop

What does a typical day look like for you as an entrepreneur?

Lot’s of emails and admin, a quick catch up with the guys and the rest of the day is spent running errands. Unfortunately, I am not in the shop much at the moment. That will change when we have a new space.

Are there any tips you would like to share with other business owners?

Slow and steady wins the race, don’t over extend yourselves. Stability and cashflow is the key. How many restaurants do you see open up and close down in less than 3-12 months?