Business Baron

Precision Engineering Shop

Precision Engineering Shop: CNC, machining and fabrication. A subcontract shop sells spindle time, so the machines have to be cutting and the quote has to…

CNC, machining and fabrication. Sell machine hours to a tolerance of a hundredth.

A subcontract shop sells spindle time, so the machines have to be cutting and the quote has to include the setup, the programming and the scrap you will inevitably make. Quoting is the whole skill: win the job at the wrong price and you are paying to make parts for a year. Most shops end up depending on two or three customers, and losing one of them is what closes the doors.

Setup costs
£120,000 to £600,000
Competition
Medium
Category
Manufacturing & Industry

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