EB Welding Startup - Suggestions?
EB Welding Startup - Suggestions?
(OP)
I'm embarking on starting an electron beam welding company. I've worked as an engineer in gas turbine engines my entire career to date. Metallurgy and joining are fascinating as does seeing stuff come to life. You don't see many welding companies starting up these days. Any advice or thoughts to help guide it down the path to success?
Thanks.
Brian
Thanks.
Brian





RE: EB Welding Startup - Suggestions?
1) Who are your potential clients? Do you have sufficient depth of knowledge of these industries and their particular economics?
2) For a given alloy and part configuration, what processes does EBW compete against? Technical and economic Pros and Cons.
3) Do you want to work as a flexible job shop or have a limited product line with more dedicated setups?
4) Will you compete on quality/value-added or on volume (or both)?
Do your research and then produce a detailed business plan for 3rd party critique, even if not required for financing purposes.
Good luck!
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
RE: EB Welding Startup - Suggestions?
Don't underestimate the amount of money required to first start the business, and then operate it for a period of time that will likely be far longer than you imagined, until it finally produces positive cash flow and generates a profit.
One important thing you can take advantage of are any industry connections you have established during your career. These personal relationships are critical for securing new contracts in this type of business.
Best of luck to you.
RE: EB Welding Startup - Suggestions?
RE: EB Welding Startup - Suggestions?
Develop a detailed business plan.