Is furniture -making a lucrative business?

cherry123

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This is a good source of income Making of furnitures is profitable and productive business that you can try if you are one of those that want to make constant income.
 
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Starmix

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Furniture-making is a very good business. The operators of this have big capital and skills to design the furniture people most possibly like to buy. It is not just a piece of furniture to be displayed, but their designs matter most, likewise the quality of the materials.
 

Bisolami

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This is a good source of income Making of furnitures is profitable and productive business that you can try if you are one of those that want to make constant income.
It is a very profitable business and it is lucrative because we use it all the time. Every house has a furniture
 

Magnus2022

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It is very lucrative business but you need to learn how to make the furniture. It will not be all that lucrative if you buy already made furniture and resale it. It will take years to be an expert in making furnitures but it worth it.
 

Starmix

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You can operate a business like this and if you don't have the skills you may hire people good at that, Just pay them monthly and offer 10 percent commission for every sold item.
 

cherry123

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yeah if you have the skill yiu can make money off this as it is a very profitable business and it is lucrative too. Furniture is what we use all the time.
 

Starmix

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You must also have a good carver and designer. That's what people like to buy furniture with latest design. If you don't have a skill, make sure to hire skilled persons on furniture making.
 

Elendu

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Many consumers are willing to pay a premium for customized furniture that meets their specific needs and tastes. Furniture producers that offer customization options can differentiate themselves from competitors and command higher prices.
 

Chibson

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Furniture making is a lucrative business venture. Like someone has stated most of them have upgraded to upholstery but they are still almost the same.
 

Starmix

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This time, customers prefer to buy made-to-order furniture because they can see the actual designs. They can also request a design they like. There are ready-made furniture on display but the materials may not be the one they are seeking for.
 

Niyi Briggs

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Every piece of building structure needs a piece of furniture at least. As far as there is building spaces, furniture business would always thrive. Schools, homes, offices all need furniture.
 

Starmix

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I have a cousin who has this business. According to her, the business went slow during this pandemic.
All businesses during the pandemic were greatly affected. Many businesses shut down and many became jobless. It is so devastating. Even private schools and colleges shut down because they only have a few enrollees and they can not suffice to pay the teachers.
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Furniture making used to be a lucrative business here. But nowadays, most people love to buy furniture from companies like Ikea which sells nicely designed and affordable furniture. There are shops which sell furniture imported from China. There are locally made furniture but I am not sure if they are making good sales and profits.
I bought a piece of furniture made from China , dining table.It was so expensive but I regret why buy that item. It was not durable, the chair cracked, very bad China. China wood looks attractive, but its durability is negative.
 
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Suba

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You are right, furniture is a lucrative business, you can also take bigger profits, even though the sales volume is not as high as basic human needs. In general, furniture traders/shops obtain intermediate goods from suppliers, they often make their own furniture according to customer orders.
 

Authenticity101

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Making furniture is a very good skills. People need furniture in their homes and so you won't lack market for this. As long as you make very good furniture, you will always make some sales despite the high competition.
 

Starmix

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Furniture making may not be anymore lucrative and profitable this time however it never runs out of customers. There are households who prefer made to order furniture than ready to buy. The quality is not as good as the made to order.
 

fcbetting

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From furniture I think only kitchen are good business for small manufacturer. Those are specific with size and some details. Everything else people buy from IKEA or similar big players on market.
 

Starmix

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Agree in that people never care where to buy as it's what they like. In my case 1 newly bought a dining table made from China wood and it's so expensive but quality wise good.
 

eldavis

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This business is very good, friend of mine earning a lot from it.
Yes it is very lucrative. I have seen someone who is into this business and he has been able to train his children and take care of his family for years. The business has its competition, but once you know what you are doing, you would definitely make money.
 

Blessed19

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Furniture business is actually a very lucrative one but the thing there is having a good location for your furniture business and then again having to produce quality products which determines your profits and patronage level.
 
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