How To Properly Charge When Starting A Welding Business or Side Hustle!

In this video i give out a lot of valuable welding and fabrication information that other business owners and side hustlers don't want you to hear because they don't want you to be their new competition. But IDC! I go over EVERYTHING you need to know about how i charge customers when doing welding and fabrication work at my small business that i have been running for the past 5 years. Running a business isn't for every one so if this video doesn't make any sense then starting a welding business or side hustle might not be for you!
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Пікірлер: 37

  • @markalonzo3621
    @markalonzo362116 күн бұрын

    Thank you so much for the info!😃👍

  • @markbenoit
    @markbenoit6 ай бұрын

    That was pretty good, some good advice I got from someone was to get 40% of the job up front then get 40% when you get about halfway point then the last 20% at pick up. It’s a very fair way to do it for both sides. One rule I made was to never let a customer or friend take a project home with full payment, many time if I did this I would have to chase the money down wasting much of my time.

  • @washburnfabco

    @washburnfabco

    6 ай бұрын

    Thanks. My number one rule is your not getting anything from my shop unless its paid in full. Also I try not to do work for friends unless it’s something quick and cheap that I don’t even bother charging for. Bigger projects I just talk them out of because every one underestimate the final cost

  • @richardvillanueva8786
    @richardvillanueva87866 ай бұрын

    Pump these info drops out we all appreciate them 💪

  • @decarlosheard3472
    @decarlosheard347220 күн бұрын

    Great information! I never pay for any material customer pays for material upfront before ANY work takes place. Been burnt to many times

  • @washburnfabco

    @washburnfabco

    20 күн бұрын

    Thanks! Just had some one give me a deposit and still decline to pay the final last week.. video coming this week

  • @patrickcobbs5217
    @patrickcobbs52176 ай бұрын

    Good video. I am a commercial GC, but quit that job and mainly do welding repairs now. You nailed this video. My dad taught me this at an early age!

  • @washburnfabco

    @washburnfabco

    6 ай бұрын

    Thanks buddy 🤙🏻

  • @mezoutdoors
    @mezoutdoors5 ай бұрын

    Thank you for the information

  • @bquade70
    @bquade704 ай бұрын

    Just subbed, ya have some great info., thx! Lake Havasu 🌞 Az

  • @repaircollc
    @repaircollcАй бұрын

    Great video! You and I have the same approach to pricing. I know im expensive but thats intentional. It keeps the time wasters at bay. Like you said, I show up with an entire shop, thats not free. I charge a mobile fee for every job. Its still cheaper than moving the machine to me, so they gladly pay. Im glad you included insurance. That's the big one I see most forget. I just found you channel, you seem to have a good handle on business. I think you are going to be very successful. Thanks for the show! ✌️

  • @washburnfabco

    @washburnfabco

    Ай бұрын

    Thanks brotha! Welcome

  • @reaper-sz5tm
    @reaper-sz5tmАй бұрын

    I think any mobile welder should start at $40-50 an hour and nothing less. The overhead cost alone justify that, plus labor

  • @washburnfabco

    @washburnfabco

    Ай бұрын

    $50 hr ? That’s working for free on mobile if your set up legally and legit

  • @reaper-sz5tm

    @reaper-sz5tm

    Ай бұрын

    @@washburnfabco what do you suggest for an hourly?

  • @washburnfabco

    @washburnfabco

    Ай бұрын

    @@reaper-sz5tm starting shop $50hr in your garage is okay but you shouldn’t be at that rate long. Mobile rate is gonna depend on your state. California starting should be no less than 80 and then again you shouldn’t be at those rates long. What happens when your charge these super low rates is you don’t hardly make any money if any, The jobs cause stress or a hassle (dealing with customer, quoting, sourcing material, driving to a job, using consumables etc) and waste time. Charging low your better off just working for some one else to save yourself the headache. Remember every job you do you are responsible if it fails and causes injury or damage. Low rates drive the other guys with years of experience to have to lower their rates in your area that have worked hard to earn. Know your worth. If you don’t know what your doing and you don’t think your time is worth much then your prob not cut out for business. The reason you own a business in a trade is because you have already mastered your niche. Don’t mean to sound harsh but extremely low rates are not good for the welder nor the industry. If you do good work and charge people too low they are going to assume every one should be as cheap as you and provide the same quality of work. Hope this helps

  • @ethanday378
    @ethanday378Ай бұрын

    Shoutouts to the galt boys in here

  • @washburnfabco

    @washburnfabco

    Ай бұрын

    Yes sirrr

  • @brent8922
    @brent89226 ай бұрын

    Hey Josh, Im up in Foresthill outside of Auburn, Ca. Trying to build my side hustle to a full time business. This is great information, definitely rings true. Thanks

  • @washburnfabco

    @washburnfabco

    6 ай бұрын

    Your welcome! Best of luck

  • @christhecoolkid6604

    @christhecoolkid6604

    10 сағат бұрын

    Hey man nice I'm in the Sacramento area as well doing mobile welding I hope it goes well for you too.

  • @TM-rp7bd
    @TM-rp7bd2 ай бұрын

    Get down Wood. Good job bro.

  • @washburnfabco

    @washburnfabco

    2 ай бұрын

    Thanks !

  • @tonyinhbolero4815
    @tonyinhbolero48153 ай бұрын

    👍👍

  • @markalonzo3621
    @markalonzo362116 күн бұрын

    By the way, i meant to also ask you of what r ur thoughts about college welding programs? Positives or negatives?😊

  • @washburnfabco

    @washburnfabco

    16 күн бұрын

    Imo community college welding programs are the best option. I had a great teacher in Sacramento.

  • @dahookmob
    @dahookmob6 ай бұрын

    👍

  • @markalonzo3621
    @markalonzo362116 күн бұрын

    I start welding school this coming august 2024, but if i was just interested in doing repair welding as a side hustle, would you recommend working for someone else 1st before going out on my own? And do you suggest charging hourly for repair welding?😊

  • @washburnfabco

    @washburnfabco

    16 күн бұрын

    Any work preformed that isn’t a product that you build consistently the same should be charged hourly especially repairs. You need some sort of repair experience prior or you will be lost. Real world jobs are never as simple as putting a bead down on some coupons. At school you learn to weld in a perfect environment. Def get experience in the field you want to do as your side hustle

  • @Ben15Nadeau
    @Ben15Nadeau3 ай бұрын

    This is a great video man and very informative. One question I'd like to ask is are you buying the materials yourself every job or do the customers sometime pay for materials in advance. Im looking to get my foot in this door as a side hustle as well. Just dont want to quote a customer and not be able to afford said materials. Also what do you do for customers that want an estimate over the phone? Blow them off I figure cause its hard for me to quote a job witbout visually seeing it. Especially becsuse the customer might think its easier then it actually is.

  • @washburnfabco

    @washburnfabco

    3 ай бұрын

    If I know them well I do the po with my supplier and have them use their card to pay for materials. If it’s a new customer I charge them materials plus 20-30 percent for the fluctuation of materials cost. I don’t give quotes over the phone and I also charge for In person quotes. If some one contacts me not willing to bring it by for me to see I usually say hourly plus materials. There are some exceptions to this. I do a lot of off-road work so I can look at a bumper design for example and know approximately what it’s gonna take so I can tell them. Other things like rock sliders and trailer liners I have worked out a price per foot or square foot. Which will work for other things as well like fences gates handrail etc. But we always tell them it’s strictly hourly plus materials. There’s so many time if you give people a set rate and you finish the job and they expect you to make changes free on things that were not originally disgusted. Come up with a good job assessment agreement form that they sign

  • @Ben15Nadeau

    @Ben15Nadeau

    3 ай бұрын

    I appreciate it homie, keep up the videos man. I think you are definitely under rated but I forsee your channel growing exponentially. I like your style and your honest attitude towards things. This Industry isn't for everyone, but your subscribers definitely appreciate the honest feedback

  • @washburnfabco

    @washburnfabco

    3 ай бұрын

    @@Ben15Nadeau no problem. Thanks brotha !

  • @OMGITSJB
    @OMGITSJB4 ай бұрын

    Been workin on the road for almost 7 years! Movin back home to ms later this year and my dream and what i been workin toward all this time is runnin my own shop, ive googled ive searched high and low, josh how do i find jobs to bid?is there a website i can bid on or do you hear about jobs from different people?

  • @washburnfabco

    @washburnfabco

    4 ай бұрын

    So I don’t bid on jobs whatsoever since were more of a general fabrication shop. (Heavy equipment, off-road etc). We don’t do any structural or anything involving engineer and so on. As far as I know to be able to bid on jobs you also need a contractors license and you would have access to bid different ways with the license obtained. Most of my jobs come from word of mouth and social media.

  • @chadspinosi3942
    @chadspinosi39423 ай бұрын

    I have a question on what kinda insurance you need to cover your ass from liability of things like amusement park rides stuff.

  • @washburnfabco

    @washburnfabco

    3 ай бұрын

    Donno specifically amusement park rides but in general if you weld your required to have general liability insurance