Business At A Glance
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
The main and most important requirement tostarting a welding service is that you must have a welding tradecertificate. Providing you do, owning and operating a welding servicecan be extremely profitable. A welding service can operate from a fixedlocation or on a mobile basis.
Of course, a full-service weldingbusiness will provide both options to its clients. Establishing abilling rate for welding is accomplished in two formats. The firstbilling method is to charge per job, which means that you will giveyour client a cost estimate prior to starting the work. The second andmore common billing method is to charge an hourly rate for weldingservices. The current welding rate ranges between $45 and $65 per hour.All raw welding materials should be marked up by at least 50 percent toestablish a retail selling value. Overall, a well-established weldingservice can easily generate yearly profits in excess of $70,000.