How To Start Your Own Steel Fabrication Business

This year is the perfect time to start your own business. There is so much opportunity out there at the moment that you’ll be spoilt for choice when it comes to deciding on the nature of your company. Even so, lots of people are finding that bringing manufacturing back to the UK is proving extremely successful, which is why I’ve decided to write and publish a short post explaining how to start your own steel fabrication firm. Sure, you could do with some experience and a decent background in welding, but there are plenty of unemployed people with those skills at the moment, so finding a reliable workforce should be simple.

Steel fabrication is still very important in the UK, especially at a time when more and more contracts are being awarded to home building companies. You see; all these construction firms need solid joists for their commercial buildings, and that requires steel specialists. In truth, there are a million and one ways you could market yourself to make money, so take a moment to read through this guide and find out whether or not this is a viable solution for you.

Finding a premises

The size and specifications of your idea premises will depend heavily on the nature of your business plan. You have to remember that steel joists can be very large, and the machines used to cut them even larger. That means you’ll need a lot of space. Thankfully, a warehouse or factory unit will usually suffice, and so the monthly rental bill will be lower than you might expect.

Buying the right equipment

There are plenty of places where you could buy all your cutting and welding equipment, but you need to select somewhere renowned for the best quality. Personally, I have a friend who did this recently. He used Lincoln Electric and a few other providers, as they seemed to have the best reviews online. However, you should choose a company based on your own needs and preferences.

Getting appropriate insurance

This might be one of the most important steps to starting your own steel fabrication business, so make sure you take heed. Your workers will use very dangerous equipment and materials that have the ability to cause substantial injuries, so you need to be covered for every eventuality. You can get quotes online or by calling all the major providers.

Employing reliable staff

Finding the right team members can be challenging in some industries, but there are lots of unemployed welders and fabricators at the moment, so it shouldn’t be too difficult to arrange some interviews and select the perfect candidates. Just make sure you ask all the most relevant interview questions and ask for references or proof of experience. Most people with a background in this industry are used to heavy lifting and working long hours, so their work ethic should be good.

Well guys, now you know how to do it, I expect to see you making moves over the next few months. Good luck with your new business, I’m certain you’ll do well.

Until next time…

 

Photo from Jonti Bolles on Flickr CC-BY-SA 2.0