My husband was recently offered an oppurtunity to start his on welding business. He has been welding since high school and currently works for a company welding signs for businesses, so I would say he has abt 15-20 years of welding experiance. He has been wanting to start up his own business for some time. You will probably see me on here alot more than him, as I will be taking care of everything, except the welding. What I am looking to find out is what needs to be done in the state of NJ to accomplish this. He is certified by job completion. I have no idea of what that means, but you guys might know. We need to start out small and work our way up. We have a truck, we have a welding machine, and we have the welder.:). Now what steps are next. I am ignorant on this and would love things being spelled out until I get more familiar with welding terminology. I am not a welder but can run a business, as I have my own to run. I know he needs Business Insurance. Someone had said that it was $100,000. I am not sure if that is standard or if this person had more going on than we plan to at first. It will be solely my husband with one truck and one machine. We are looking at basic startup costs. What is the minimum that needs to be done to start and what are price ranges. I was contacted today from someone we know that is willing to make an investment to help get him started. It is the best chance we have at this if the price is right. We have 2 disabled children and his $22.50 per hour is not cutting the bills. I also know that the first year of a new business is the deciding point of whether we will succeed or fail. So if you guys could help me with some estimates and what we have to do to get started, I would thank you for any help you can give me. He already has some great leads and contacts. He has a great reputation as this has been all his has done and loves what he does.
Thanks for reading this,
Cynthia