Community Shop for the Machining Enthusiast (CSME)

[Ryan_Epperson]

As part of my Strategic Management course in school we had to put together a Business plan, and this is what I i did the business plan on. So i have numbers for everything, including a space chosen and insurance taken care of. Insurance was a bit difficult, but I'm being put in touch with some parents of FRC/FTC/FLL students who so liability insurance, and some who are lawyers so we could look at putting documents together for students to use the machinery.

I have looked at second hand equipment and it's not that bad, the biggest cost is energy and getting sponsors/membership to stay alive. My professors like the idea and are working with me to see what we can do.

It's a courageous idea, and may never see action, but it's fun, none-the-less.

We are looking at setting a partnership with the Tech shop or possibly another Machine shop to help with supply of tooling and such

[techtiger1]

One thing is to price things out and see how much it cost, it's an entire other thing to be able to generate the revenue required to keep a business going.

-Drew

[Ryan_Epperson]

Originally Posted by techtiger1

One thing is to price things out and see how much it cost, it's an entire other thing to be able to generate the revenue required to keep a business going.

-Drew

That's in the business plan, and it' a big number. With the plan that my group came up with we are able to break even in 18 months. It's hard to imagine, but buying machines used saves a LOT of money