Need opinion

[diemaker1]

I am considering starting a tool and die business. Any thoughts on this would be appreciated.

[lakeside]

are you fully trained in this feild and do you have about$150,000 cash for start-up costs

[diemaker1]

fully trained...yes
150K no on a smaller scale how much start up cash does one need

[Geof]

Originally Posted by diemaker1 fully trained...yes 150K no on a smaller scale how much start up cash does one need

I would say that is the smaller scale start up cost.

[lakeside]

when you look at the cost of machine tool and support tooling,rainy day cash and shop space (unless it's at your house)$150000 is not an outrages amount of course I'm looking at cost in Boston,Ma. area when a two bedroom dump cost $250k

[ZipSnipe]

RAINY DAY CASH!! Very important, much research is needed before starting any business and then even when you think you got all the bases covered you,ll find out that you,ll learn new things about running a business.(sometimes the hardway). I run a glass business here in florida, one thing I didn,t count was 19 other glass businesses just like mine opening up this year here in my hometown.
That is what ya call pressure, and it takes your brain and squeezes everyday...
But hey I wish ya the best of luck just remember when everyone told ya so... I do.

[ZipSnipe]

Just an added note, I would go out and find customers(or at least potential customers) first. That way ya got a piece of foam to float on...