Thanks for responding and please allow me to comment.
You will likely need to hire employees to even sell $40,000 worth of firewood, let alone selling $400,000 as I posted above. Even sixty cords a year would be very difficult for only one man to handle by himself. Your expenses to cover the truck(s), your saws, your splitting equipment, and your fuel will quickly erode away your profit. Add the cost of your help, and nothing is left.
That's the way it is. However, if you want to give it a try, by all means proceed. Just don't plan on making big money. It's great exercise, will keep your mind active, and that's why I do it today.
I am just cutting and splitting for myself now, I decided I had the means and opportunity to get some years ahead..and ain't getting any younger or spryer.
I *might* in the future give it a "whack", selling some, not sure yet.
I don't see one cord a week to be much of a problem really for one guy, especially using a powered splitter and knocking it out faster. And with a full size pickup and trailer, one cord a trip or two half cords a delivery..again, not that bad.
Now I think much beyond that, ya, then you'd need skid steers, wood processors log grapples all that expensive stuff, and an employee or employees, then accountant, yada yada, but there has to be a sweet spot in there for lower expenses and still some profit. Tons of guys do it, it must make them some money.
If your truck is paid off, (and stick to buying used, the same make/ model so you can accumulate parts, and only get 1-4 grand used trucks), saws paid off, splitter paid off, trailer paid off, and you are capable of your own maintenance for most things....that seems the way to do it. Bank loans and having everything leveraged so you must come up with a huge sum every week, plus your payrolls and etc..naw, not interested in that level. Never been interested in having a company and employees.
Anyway, just theorizing at this point. I think there's a level between all out top of the line expensive stuff and pushing mass quantities and just one saw and a clapped out truck. Someplace in the middle there might be able to work for most people doing it small scale but large enough so it makes some beans.
Right now I really just putz at it, really, it is real low key and starting to have some impressive stacks. If I made a concerted effort to seriously cut (fell and block) one morning a week then process and sell the rest of the week, I have no doubt whatsoever I could do a cord a week in my spare time, given a clientele. *Most likely* I would pop for a splitter then, that's it, by way of further investment. So for another grand over what I already own I could go from casual cut for myself to some sort of commercial scale, and most likely, even after expenses, double my take home yearly.
Believe me, I have thought about it a lot. Haven't made the jump yet, but considering it. Once I get my five years ahead, then some more..I'll consider it then.