Two steps you will need to take to set up a metal fabrication business

Posted on: 23 September 2017

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There are several important steps that you need to take if you want to set up and run a metal fabrication business. Read on to find out what these steps are.

Rent the right type of industrial facility for your business

When looking for an industrial facility for your business, you will need to consider several different factors, including location and accessibility.

You will need to select a space that is located somewhere which will be relatively easy for your employees and visiting clients to reach; if it is too rural, with very few motorway or public transport links, your business will be unlikely to succeed.

The space you choose to rent will also need to be accessible to large vehicles (so that the trucks that will be delivering machinery and raw materials to your facility, and the vehicles that will be transporting the finished products to your customers, can exit and enter your premises without getting stuck).

It also needs to be affordable. However, it is not always best to opt for the cheapest, smallest space. If you hope to expand your business at some point in the future and would prefer not to have to move to a different location as a result of this expansion, it might be wise to rent a commercial space which is slightly bigger than you currently need.

However, you should only do this if you have quite a substantial amount of money with which to set up your business, as you don't want this financial decision to leave you with no emergency funds to cover other, unexpected start-up costs.

Invest in the right equipment

You will need several types of machinery to run a metal fabrication business. These include things like combination benders, lathes, welding equipment and laser cutting machines.

The manually operated versions of these types of machines will be far less expensive than those which are operated using CNC (computer numerical control) technology. The latter involves using a programmed computer to automatically perform a specific action with, for example, a piece of welding equipment.

If your goal is to run a highly-efficient enterprise and to maximise long-term profits (rather than make a few short-term savings) it is worth purchasing machinery that can be operated with a computer.

CNC machining will drastically reduce the likelihood of product flaws and faults, as there will be no danger of human error interfering with the fabrication process. It will also allow you to fabricate your metal products extremely quickly, as this type of machinery can perform tasks at speeds beyond human capability.