Official Page Launch February 2nd 2018!!!
TURNING YOUR HOBBY INTO A BUSINESS
I never imagined when I got my first plasma table about 15 years ago that I would be where I’m at today. The table was just a 4x4 and I just intended on making things for myself working on my off road vehicles and miscellaneous projects. And here we are 15 years later just purchased my third table and I have a very successful business running.
Getting to this point I have learned a lot along the the way and I hope to share some of this with you to make things easier for you and you can avoid some of the growing pains that I went through. This by no means is a complete guide or list and every jurisdiction has different rules so take this all into consideration.
If you want to get into this and never be a business that’s great no problem with that, but just do some hard thinking and really contemplate the reality of it. If you ever think you could start making things and selling them better to get ahead of the curve and make your hobby a business early rather than later. The turning point for me is when I was asked by the city to do a sign for them because they heard I had a cnc plasma cutter. When dealing with most business and especially city government, cash and carry and no invoice or receipt is not an option. Your into Purchase orders and invoices and taxes and all that fun stuff. If you already know or want this to be a full time business or side business here are some things to do.
Come up with a Name -
Making it legit -
Why an LLC and not Sole proprietor? Its better and safer to separate your personal assets, social security number and other personal ties from the business right off the bat. This has tax advantages as well as legal advantages should something go wrong down the road. Its a little extra work in the beginning but once its done its done.
Business License -
Invoices / credit cards -
This service is not free small and large business alike we all pay fees to the credit card processing companies for this convenience the fees vary and usually are a percentage of the amount charged. It varies but is usually around 2-
Getting Business -
A good website and smart marketing on social media will do wonders for bringing business to you but do not underestimate word of mouth. Quality work at a fair price is one of your biggest allies in brining in customers. Depending on where you are located and the clientele that you have in your area you can solicit business as well. Talk to sign shops, that mostly do plexi or vinyl signs. Sometimes customers want metal and you could be a resource. Meet your local fence companies. Ornamental designs are always a hit on fences and you can cut them. Get to know your local building contractors, custom base plates, brackets and a host of other things are now something you can provide.
Hypertherm consumables Material handling Pricing your work Marketing your business Cut quality Dross removal Finishing options Where to buy supplies Naming & Organizing your files Turning your hobby into a business
|WHAT IS PLASMA|
|G CODE DEFINED|
|WHAT DO I NEED TO GET STARTED|
|WHAT CAN I DO WITH A CNC PLASMA MACHINE|
|HYPERTHERM PLASMA CUTTERS|
|WATER VS DOWNDRAFT|
|STEPPERS VS SERVOS|
|WESTCOTT PLASMA TABLES|
|PLASMA TABLE SHOPPING GUIDE|
|DESIGN SOFTWARE CAD/ART|
|PRO SERIES TABLE TUTORIALS|
|COREL DRAW TUTORIALS|
|HYPERTHERM POWERMAX TUTORIALS|
|PRICING YOUR WORK|
|MARKETING YOUR PLASMA BUSINESS|
|WHERE TO BUY SUPPLIES & CONSUMABLES|
|NAMING & ORGANIZING FILES|
|TURNING YOUR HOBBY INTO A BUSINESS|