Most welding shop owners will need welding equipment like welding masks, welding magnets, gloves, goggles and safety gear. The equipment required for a TIG welding setup is similar to an MIG setup. You’ll need a power supply, cables, a TIG torch, cooling system and an inert gas supply like argon.
Key steps to start a welding business include finding clients, creating a business plan, and obtaining necessary equipment and certifications.
Costs involved in opening a welding business include equipment like welders, tools, safety gear; licenses, permits, insurance; and ongoing expenses like rent and utilities.
Target market is businesses and individuals requiring welding services. A welding company makes money by charging customers for services. More customers and higher rates equal more profit.
Starting your own welding business allows you to capture a piece of the multi-billion dollar welding market. It’s possible to start various types – mobile, fabrication shops, inspection, construction. Taking this next step in your welding career can lead to prosperity.