Employee & Freelancer Expenses

$151

$252

Website Costs

$223

$7,015

Business Formation Fees

$600

$4,700

Vehicle Expenses

$0

$10,000

Retail Business Expenses

$1,250

$6,650

Advertising & Marketing Costs

$75

$3,986

Software Expenses

$162

$2,720

Office Space Expenses

$0

$100

Specific Industry Expenses

$0

$500

Total Startup Costs

$2,461

$35,923

Canadian Centre for Occupational Health and Safety

ccohs.ca

59,643

passaic county community college

pccc.edu

93,933

WELCOME TO THE PENGUIN NATION

clark.edu

107,031

Sasol

sasol.com

206,589

Baker's Gas & Welding Supplies, Inc.

bakersgas.com

222,640

Welding Supplies, Welding Helmets, Miller Welders from CyberWeld.com

cyberweld.com

251,122

DANA

dana.com

338,496

Metal powders

hoganas.com

405,188

Canada Business, Travel, and Local Directory

listingsca.com

416,257

Business cards

printbusinesscards.com

508,970

The Morning Journal

morningjournal.com

530,128

Little startup costs required

The cost to start a breakdown welding service business costs significantly less money than most businesses, ranging anywhere from 62 to 35,923.

Rewarding work

Starting a breakdown welding service business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

High customer retention rates

Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

Pick & choose the clients you work with

Breakdown Welding Service Businesses have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!

Control of workload

With starting a breakdown welding service business, you have the unique ability to choose how little or how much you want to work. You also have the freedom to decide which projects you want to work on, and can turn down the ones that do not interest you.

Gain exposure and experience

This career allows you to gain experience working for multiple different businesses - which will benefit your resume and also keep things interesting for you!

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Longer Sales Process

A breakdown welding service business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Work can be inconsistent

As a breakdown welding service business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.

Lack of benefits

With a breakdown welding service business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Taxes

As a breakdown welding service business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

No safety net

Typically, as a breakdown welding service business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.