Starting a welding business can take some time and dedication initially, but once you’re certified and know how to find clients, owning a welding business can be a very lucrative endeavor. Welders themselves make decent hourly wages, so the companies that send out crews of welders to perform repairs and maintenance must be doing well in order to afford the cost of employing their welders. In addition to cash flow, a successful welding business will require the right tools and equipment. Since there aren’t many guides out there that will teach you how to start a welding business from scratch, we’ve dedicated the following four to steps to showing you how to do just that:
Step 1: The Learning Phase
Before you set out to start a successful welding business, you’ll first need to become a proficient welder and obtain the necessary certifications and qualifications, so that you’ll be able to prove your skillset to prospective employers or clients. Making mistakes while welding can be costly and potentially dangerous, and a job poorly done could hurt the reputation of a professional welder. Thus, it is imperative pay attention to the intellectual side of welding, and what it takes to be a good welder, before moving forward on your journey to running your own welding company.
Step 2: Buying Tools and Equipment
Once you’re confident you know what it will take to follow through with your dreams of owning a welding business, the first step is to acquire a good set of welding tools. Even if you’ve never welded anything before, try not to opt for the cheaper option with the mindset that you’ll only be using the tools for practice. Instead, buy the top quality equipment (i.e. – Lincoln Products) and not only will you not have to replace it as often, but you’ll also be well-prepared when your career and business start picking up momentum.
Step 3: Gaining Experience and Networking
Now that you have your equipment ready and you’ve learned how to use it, it’s time to put on the welding mask and gain some valuable hands-on experience. Many people who own a welding company also weld for other companies on the side, which is how they got into welding of course. Look for any decent welding job you can get starting out, and from there you can start applying for more difficult jobs. Every job you complete can be added to your portfolio, and this experience is what will convince clients and employers to take you seriously when you submit welding proposals as a representative of your own company in the future.
Step 4: Establishing the Business, Building a Crew and Soliciting Clients
Now that you’re educated, certified, well-equipped, and experienced, the only step left is to put your time and effort into building a welding company, assembling a crew of welders on standby ready to help you complete projects. If you focused on step 3 and gained a lot of experience, you should already know quite a few capable welders that could join your crew once you land the first contract. Start by founding/incorporating the business, designing a logo and/or slogan, and establishing all of the necessary contact info. From there you can start advertising online and through other channels to find welding jobs in your community or region.
Enjoying the Profits
Once you’ve got the business going and you’re in the middle of a challenging project, don’t forget to enjoy the spoils and spend some time thinking about something other than welding. Still, you’ll want to always take a strict approach to welding safety and business management for the strongest chance at running a successful welding company.