Steps to Start a Mini Lathe Mill
With the many capabilities a simple lathe machine offers, it’s not a surprise why people would want to start a business like this to make money and work fulltime on their own. However many people who are open to the idea still question the business process and are afraid to step out and grab the opportunity.
This business article will provide you a simple step by step procedure that you can use in spite of your hesitations. Here are the steps for becoming a successful owner in this business venture.
Draw up a business strategy for your mini lathe mill
The great thing about a lathe mill business is you can start out part time. If you have another job, keep that job while you begin to grow your lathe milling practice. Allocate and block off some time to work on your startup operation. Then draw up a sensible plan of action.
Invest on a location and on a dependable lathe machine.
Assuming you want to start small, begin by minimizing your overhead. Begin with your rental expense. For the meantime, why not use your garage as a temporary space as your working station. It’s a great alternative for a beginning entrepreneur. Secondly, search the web for a mini lathe machine that you could use that fits in your garage or whatever space you choose to use for your business. Calculate the expense and invest on one. Make sure it comes with warranties.
Learn the capabilities of your lathe machine
Read the manual and understand the features of your machine. Look up its parts like the main head, body and tail. Secure the machine firmly so you can work at it with stability and precision.
Understand the tools, accessories, and parts
Next invest on other tools, accessories and parts that you could use together with your lathe milling unit. Investing on several applicators for your machine will allow you more versatility and flexibility to do several more types of machine jobs. Search the web for these add on tools and accessorize. Consider budget as you do too. If budget is a concern, start to invest on add on applicators that have more utility first.
Use safety precautions and safety gear
Invest on safety gear and practice safety precaution measures. Invest on good quality eye glasses, brushes to clean scarp metals as well as gloves, overalls and boots. Don’t forget to also protect yourself from inhaling substances that come off as you use the machine. Make sure you use good body mechanics when using the machine. Don’t lean on the machine when it is spinning. Turn it off when not in use.
Machine Care and maintenance
Read the instructions on how to care for your lathe machine. Regular cleaning by brushing and wiping will extend the life of your unit. Avoid placing it in areas where there is high moisture which will cost it to rust.
Take time to practice. A machine like this needs some time to getting use to especially if you are a rookie. Practice by doing small favors around your community. Offer free job works. Not only you can hone and practice your skill, but you are also sending out signals that soon they can be your customers. Indirectly you are creating awareness and promoting your part time operation.
Ready to take small job orders at first
Once you feel confident enough, take on small job orders you feel you can do and charge a fair fee. Start out small and build your confidence and grow your practice. Build your experience and slowly develop your market client while gradually taking bigger and bigger and more complex job orders. Once your business is making fives times more than your other job, it’s time to go full time into your lathe mill business venture.
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