Steem Business Promo | The Lathe Machine Business that I Love
According to its function, lathes are needed by workshops to factories so that in the right way you can be successful in this business. There is no need to feel inferior because you feel inexperienced in the business world because you only need experience and belief. After that start to start your own lathe repair shop.
What should you prepare first before starting a lathe workshop business? Mental is the answer. The lathe workshop business can be said to be a special field and the customers are limited even though it is needed a lot. The question is, are you going to start the business while working as an employee in someone else's company or fully becoming an entrepreneur. Obviously the two options require a different mentality. If you are running a business while still working at another company, can you afford the time and energy even though the salary can be used as capital? Meanwhile, if it is fully run independently, is all the equipment ready? Are you able to go through difficult times at the beginning of opening a business?
After feeling mentally ready it's time for you to consider and take into account business capital. Much or little capital depends on your own needs and conditions. In addition to material capital, you also have to prepare workshop equipment capital.
To open a lathe workshop at least you have the following equipment:
Num | Equipment | Price IDR | Price USD | Price Steem/ SBD |
---|---|---|---|---|
1. | Angle grinder | 360.000 IDR | 25.2 USD | 81.55 Steem/ 6.08 SBD |
2. | bench grinder | 675.000 IDR | 47.25 USD | 152.92 Steem/ 11.4 SBD |
3. | Whipsaw | 80.000 IDR | 5.6 USD | 18.12 Steem/ 1.35 SBD |
4. | Chainsaw | 450.000 IDR | 31.5 USD | 101.9 Steem/ 7.6 SBD |
5. | Hand Drill | 800.000 IDR | 56 USD | 181.2 Steem/ 13.5 SBD |
6. | Lathe | 13.500.000 IDR | 945 USD | 3,058 Steem/ 228 SBD |
7. | Unexpected costs | 2.500.000 IDR | 175 USD | 566 Steem/ 42 SBD |
With these various equipment, the range of capital you need is 18,365,000 IDR. The amount of this capital can be greater or less depending on the price of the equipment you buy.
Next find and prepare a place that will be used to open the lathe workshop. If the capital is limited, you can open a workshop business at home first while looking at other more strategic and better locations. Of course, while raising funds to rent the place.
The question is, who will be the consumers of your lathe workshop later. It is not recommended to open a workshop business without considering who your target market will be. Who your customers will be related to the type of machine that must be prepared.
For example, if you are targeting the consumers of factories in your city, you must automatically know what their needs are. Next, prepare the type of machine that suits the needs of the industry. But if you target the workshops around the house, of course the type of machine is also different.
Do not rush to buy a new machine because the price is quite expensive. Just use the machines and equipment you already have or you can buy used but still good ones. After that use it to look for job projects to earn money so you can buy a new lathe.
Thus a review of the lathe business and if you want it doesn't hurt to try. Because the lathe business has the potential to be a promising business.
The price of Steem and SBD is based on the current price on the Upbit market and is the price reference when I calculate it.
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Keep up your good work, best regards and good luck !
This post feature has been included in the latest edition of STEEM MAGAZINE - PROMO BUSINESS.
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Thank you @f2i5, I am proud that my post is included in your magazine.