First, are you planning on making a living from your new acquisition or is this just a hobby? Are you buying new or used? Are you paying cash or financing? If you never make a dime, will you have a problem making payments on this machine? If you are seriously thinking there is a market out there because you bought a machine, I think you are in for a shock. If America wasn’t the poster child for Free-Trade to the world, you would probably do well. Consider though that 468,768 corporations in 2010 who employed between 1000 and 10,000 Americans have already moved their manufacturing overseas with many more leaving daily. This is not a good time to ball and chain yourself to a machine tool, liquidity is the key to survival. I don't mean to cast a dark crowd on your dreams, I too have been there. You have lost your job because America is being plundered and over regulated from the top down. From Wall Street to the President and every government lawmaker in between. America is a hostel place to be a manufacturer now-a-days. We are nothing but a bunch of entitled consumer using borrowed Chinese money to feather our over priced dwelling nest and it's time to pay the piper. If you want my advice, learn Chinese and setup shop in China. Or, open a rigging company to help move all these America manufacturers leave town. Seriously, if you want a job with a future, the Feds are in need of more IRS agents and are not worried about a government shutdown since they are paid on commission from what they can take from you.
Forgive me if I sound cynical, becoming a business owner a decade ago has opened my eye to the truth of this country. I have learned that hard work, talent and integrity count for nothing to anyone accept you. I make a decent living but I can see the writing on the wall and our days are numbered. If you have your heart set of self-employment, do yourself a favor and start with an honest business plan. If if makes sense, go for it. If it does not, don’t kid yourself, this is as good as it’s going to get.
Best wishes with your dreams.