Blacksmith BusinessCraft Business Ideas Monday, March 1st, 2010
Starting a Blacksmith business involves making different types of items made of iron, steel, wrought iron and cast iron. There are many different things that a blacksmith does with iron and steel that includes making iron and steel items, repairing items made of these metals as well as creating artwork made of metals.
It’s relatively easy to start a blacksmith business as long as you have some basic knowledge of how to do the work. If you’re good with your hands and like metal then this could be the ideal business idea for you. You will need to learn some basic metal working skills including welding and smelting metal.
It’s important that you have all of the right tools to complete the job creatively and effectively. You need to have tools for bending, cutting and joining together different types of metal.
Starting a Blacksmith Business
As with any other small business it’s important that you start and run the blacksmith’s work as a business. Remember that you need to be able to make profit on the products that you sell rather than just operating as a charity.
All businesses must keep accurate records of their expenses and work carried out. This is essential in case you ever get audited. Once you have managed to figure out how best to run your business you can get on with actually making a profit.
It is also important to find out governing laws of the area in which you wish to start the business.
One of the most important parts of any business is marketing and advertising. Without advertising your customers simply won’t realise that you exist, this will cause problems because they won’t be able to buy anything from you.
Take your portfolio with you so that if anyone shows and interest you can demonstrate exactly what it is you can do. Also take some professional looking business cards and flyers with you.
Other great venues to market your business are flea markets, art shows, farmers markets and craft shows. You might also find it useful to target garden centres and nurseries as these may be interested in purchasing your products or offering them on a consignment basis.
Blacksmiths need to be creative to survive and that’s exactly what you should do. There are lots of different things that you can do with your blacksmith tools and there’s no limit to your creativity. By starting a blacksmith business you can have great fun and also use it as a way to demonstrate some of your artistic talents.
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