Plan to invest in a set of bench chisels, both standard and low-angle block planes, a No. 4 or 4-1⁄2 smoothing plane, and a No. 6 jack or No. 7 jointer. Between them, these planes will true edges, flatten glue-ups that are wider than your thickness planer, and tame tricky grain that would tear out with a mechanized planer. They also do fine trimming better than any other tools.
Tape measure: I know this isn’t a power tool, but it is the one tool that you should always have with you. It is a pet peeve of mine – if you are planning on building something, or you are actually building it, have a tape measure with you. If you are in the shop, on the job site, or even at Home Depot make sure you have a tape measure with you or at least one very handy (Home Depot probably isn’t the best example, since they have them widely available, but you get the point). Without a tape measure, not much beyond rough work can get done.
Typically furniture such as tables and chairs is made using solid stock from hardwoods due to its strength and resistance to warping. Additionally, they also have a greater variety of grain patterns and color and take a finish better which allows the woodworker to exercise a great deal of artistic liberty. Hardwoods can be cut more cleanly and leave less residue on sawblades and other woodworking tools. Cabinet/fixture makers employ the use of plywood and other man made panel products. Some furniture, such as the Windsor chair involve green woodworking, shaping with wood while it contains its natural moisture prior to drying.
The #1 shop tip is that the space dictates the layout. Every structure and shop location has subtleties to it, only after you dial those in can you end up at the optimum layout, and in addition to that the kind of work you do is going to dictate how you configure your shop. Casework requires more assembly area and space around your tablesaw for sheet goods, while smaller pieces benefit from having more organization around your bench.
I’m helping my son (who is significantly disabled) get started with a business idea that he had — one that I’d think was brilliant even if I weren’t his Mom — brilliant enough that I’ve “retired” from my law practice and moved us from MO to GA. Having lost 99.9% of ALL of my tools in the move (even the big ticket items, nearly 30 years collection — stolen by the mover!) I am now re-investing in tools, limiting my purchases to what we must have rather than all the fun stuff I used to have. . . .(So sad).