This practical guide to making money in small-scale forestry is written by the major seller of open market timber in the South USA. Forester Vardaman covers the basics of the business, and discusses costs of management and operations, accounting procedures, tax and legal considerations, selling timber, and the role of the big timber companies. Case studies of successful timberland investors are included. The text has been designed specifically for tree farmers, foresters, owners and managers in the lumber trade.