I could write a whole post on wood species as each species has unique characteristics and traits. But, one of the most common types of wood used in DIY projects and furniture building is pine wood (a softwood). Pine is an affordable and readily available option at your local home improvement store and it comes in many sizes. I highly recommend using pine for beginner woodworking projects. Then, as you improve your skill, try working with some different wood species!
After years of digging down under router tables, lifting the entire unit up to change bits, and then fighting to get the plate flush again in the table, I chose to spend the money to pur­chase a router table, fence, and lift system. I did a thorough review of these systems, and chose the Canadian made Jessem Rout-R-Lift II kit. The system comes with a solid steel stand, a phenolic table, an adjustable extruded aluminum fence, and their base model lift system. For budget reasons, I did not choose the hefty Mast-R-Lift, but I am quite happy with the lighter Rout-R-Lift II. It will last me a couple of lifetimes, so it is the right system at the right price for me in my one-man shop. Hats off to Jessem for making a great lift at a very rea­sonable price in the middle of a tough economy. The table is durable, and flat. The direct drive lift is smooth and precise. I mated the lift system to a mid-sized model 690 Porter Cable router, which has a fixed speed, and enough power to do any­thing I need. The Jessem system uses a bayonet type mount for the table inserts, a nice touch that makes swapping the table insert quick and simple. As with all my machines, the router table is connected with the supplied dust port to my shop dust collection system with automated switching. 
Depending on your situation, you may need to upgrade to 200 amp electrical service in order to meet the needs of your house and your shop. It may also be in your interests to add in a separate electrical service meter on your shop so that you can clearly write off electrical use for your business, or in future rent the space out and clearly separate out the utilities for bill­ing your tenant. Generally, you don’t want to skimp on the power to your shop or on the lighting you include.

High-velocity fans are also an important tool in their own right, particularly at your finishing station. Increased air flow will help dissipate fumes from paints and sprays for your safety, and you can train a fan on your project to help paint dry more quickly between coats on humid days. To get the most out of your fan, look for floor fans that are easy to aim or wall-mounted fans that will save space in smaller shops.
Here’s a nifty tip—with a nifty tip—from faithful reader Don Ayers: Fill snap-capped sports water bottles with glue and stick them upside down in a hunk of 2×6. Now you don’t have to wait for the glue to run into the neck of the bottle, and the cap will control glue flow (and never get lost!). To holster the glue dispensers, cut holes in the base with a spade bit that’s a smidgen larger than the cap’s diameter.
I mix a lot of epoxy in small batches, but I’ve seldom had the right size container on hand. I solved this problem by drilling 1-1/2-in. holes in 2×4 scraps with a Forstner bit. The resulting shallow “cups” allow easy mixing without the risk of spilling. When the holes are used up, I just make a new mixing board. — Bill Wells. Save your takeout utensils to use in the shop!
Hand tools offer your best chance of finding a real bargain. Until the early 20th century, nearly all woodworking was done with hand tools, and their designs and uses have changed little. Most of the high-end planes on today’s market, for example, are just reproductions of the original designs. And because the originals were mass-produced, they are fairly easy to find at rummage sales and antiques stores. (For more information, refer to Matthew Teague’s article, “Buying Old Tools,” in FWW #180).

Line ’em up — Most other woodshop machines work harmoniously when lined up along the walls, where they are easy to power and connect to dust collection. The amount of space left between these tools depends on the amount of room you have, the size of the stock you work with, and whether or not adjacent tools have tables at the same height. You can always pull a machine away from the wall if additional space is needed. Clearly, these options are not the only possibilities and are contingent upon the mix of machines you have, the shape and size of your shop, and the kind of work you do. The bottom line is if the layout works for you, then that’s the best for your shop (and don’t let anyone tell you any different!).
Hardwoods are separated into two categories, temperate and tropical hardwoods, depending on their origin. Temperate hardwoods are found in the regions between the tropics and poles, and are of particular interest to wood workers for their cost-effective aesthetic appeal and sustainable sources.[9] Tropical hardwoods are found within the equatorial belt, including Africa, Asia, and South America. Hardwoods flaunt a higher density, around 65lb/cu ft as a result of slower growing rates and is more stable when drying.[9] As a result of its high density, hardwoods are typically heavier than softwoods but can also be more brittle.[9] While there are an abundant number of hardwood species, only 200 are common enough and pliable enough to be used for woodworking.[11] Hardwoods have a wide variety of properties, making it easy to find a hardwood to suit nearly any purpose, but they are especially suitable for outdoor use due to their strength and resilience to rot and decay.[9] The coloring of hardwoods ranges from light to very dark, making it especially versatile for aesthetic purposes. However, because hardwoods are more closely grained, they are typically harder to work than softwoods. They are also harder to acquire in the United States and, as a result, are more expensive.[9]
If your table saw is near a wall and your shop is fairly narrow, positioning the jointer and planer against the opposite wall is reasonable, as shown in option 2 in the illustration. If the shop isn’t long enough to accommodate long workpieces, try to put these machines near an operable doorway, as shown in the illustration and in the photo of Doug Warren’s shop.