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Identify the customer and service provider. Describe the services being provided. Outline a payment schedule. Establish terms about confidentiality, non-solicitation, and non-competition. Address ownership of materials. Personalize your Service Agreement.
From the above, we find that your cost of starting a mobile welding business will be around $5000 if you already own a truck or van and $25000 if you do not. Your costs can further increase if you wish to buy welding tools and equipment other than those necessary to perform a basic welding job.
Hourly rates The national average hourly rate for welding services ranges from $65$125, often with a minimum service fee to cover overhead and transportation.
Mobile Welding Business. This type of business typically becomes profitable in about six months.Your costs are the vehicle, welding and cutting equipment, insurance, living expenses, and advertising. You need to remember that the more you spend on equipment, the longer it will take to turn a profit.
How much profit can a welding business make? A well-established welding service provider can gain yearly profits of about $70,000. A highly successful welding business, meanwhile, can make six figures easily.