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18.02.2021, adminLog in or Sign up. Boat Design Net. Hi all I am new to the forum. Over the last 7 months or so I've been doing research on starting up a Sailing Catamaran design and boat building companies near me ag company. I'm interested in your thoughts on this idea and would really appreciate any honest comments, positive or negative. One of the approaches to start off with could be: Buy a kit like the Spirited with the idea of selling it at, hopefully a profit if I manage to keep the costs low.
The Pro's in my inexperienced opinion: - Access to industry experts as part of the service provided by the kit designer and manufacturer - Possibly less capital to raise as the kits are designed and material waste should be minimal note the 'should' - Proven design - Might be easier to raise capital if based on a proven design - Quantities for tape, cloth and resin already determined The Con's : - Don't have my own designer to customize the design as required - Design already done, may not be able to incorporate carbon in as many places as I would've liked - I don't want my company to be a ship builder or yacht builder.
We are a design house with original ideas and shapes. Using the latest construction methods and materials. Neutral points: - Same sub-contractors to be used for finishing boat building companies near me ag Tools and equipment required for the build will be similar for kit build as opposed to custom build. For the moment I will call this Approach 1.
I really look forward to your comments. Welcome to the forum. You can likely purchase a limited production run license for the design you want, but to buy one kit and to start mass production of a version of this frankly unethical and illegal. Building from kits will not be profitable, as you're paying the kit cutter with your profit potential.
Again, a license agreement from the designer is the option, then you can cut your own kit, from materials you procure. In reality, you should develop a reasonable business model and work from. If you want to be a design house, the fabrication portions of this project would be boat building companies near me ag jobbed. Naturally, your margin will drop considerably, but anything is better than.
If you want to be a builder, boat building companies near me ag should pay for the design, so you can get a favorable license and production fee, assuming you don't have someone in house that can perform boat building companies near me ag task. Lastly, if you're looking to make mad profit, pick another industry. PARAug 29, Obviously there are other major businesses building catamarans and you will have to compete against them to be successful They will have the ability to purchase materials from manufacturers directly as an OEM in large bulk volumes to keep prices low.
They will have a sales volume to distribute their fixed costs over many boats while you will have to cover all costs with the first boat. They will have a proven known design, proven in the real world and a recognized. If you are building a 48 foot boat, for a big buck, how will you entice a customer to spendorto buy your boat.
They will have a dealer network to keep their workforce busy to keep costs low. You will not I hate to rain on your dreams but you need to do a complete business plan, pick a boat, perhaps your kit, calculate the cost of every boat building companies near me ag, the labor etc to see if there is a hope in heck of competing in the marketplace.
New starts need an edge. Perhaps the ultimate high quality boat or the low cost entry level boat for that length to work Boat Building Companies Near Me 30 their way into the market. The major manufacturers are competing against other major manufacturers and will have minimized costs to maximize margin. Can you compete?? What do you think their profits are in percentage points? So rather than my question, "can you compete? BarryAug 29, Any business is a boat building companies near me ag of work, long hours, stressful, and more often than not can not be run profitably iow, you will be lucky to break.
It is never boat building companies near me ag to be losing money and have creditors after you I have been there and done. You will also not get as much sailing time either, all of your waking hours will be consumed running the business. What is the market price for the size of boat you are considering?
It would be difficult to be able to make boats cheaper than your competitors, which means narrow profit margins, and not much room for costly mistakes which are almost always inevitable in a new business. It has been my observation that it would be difficult to sell boats for more than they boat building companies near me ag to build, which means you will likely lose money. You might be able to make a go of it as a part time "hobby business", that is, build the first one for yourself, self funded no investorssort it out on the water and see if you can sell it.
Than do another one, all out of pocket. Do not go into debt for a part time business, do it with cash slowly. If your product is an easy sell and can sell them at a profit, and you have orders lined up with deposits in hand, than quit your job and start building boats.
Do it slowly, one at a time to start, keep your overhead low do it out of your home garage or shop. You will learn how much work goes into them, and if you can sell them profitably. It is better to loose money on one or two boats, than to lose money on a production line. You will also learn what works out well and not well on the first few boats you build, putting you in a much better position to make money on the boats you build.
That way you will not be sorting out the production problems on an assembly lines with employees standing around wondering if you will stay in business. BTW, you do not need an "exclusive" design to turn a profit. There are lots of excellent and popular designs out there that have been built by a number of differnt companies. A proven popular design starts you out with a much better advantage.
Find a design that is popular but out of production, and find out who boat building companies near me ag the production or design rights to it. If you can turn a profit that way, than you can considering boat building companies near me ag your own designs, or design variations. You would have already established your company, and hopefully will have a good reputation, it will make it that much easier to introduce a model or all new design that way.
Good luck. PetrosAug 29, SkyakAug 30, Thank you very much for the insight and opinions. It is clear all of you have loads of experience and I appreciate the time you take to share it. From your responses I now understand that building a kit is probably not the right way to go if the intent is to establish a new business.
One of the reasons for considering it was to be able to turn it around fairly quickly. However the increased cost is evident. During the initial study I boat building companies near me ag considered fairly small savings on construction cost by only purchasing the sheets and having the cnc work done. Not paying for workshop space. This will probably only be a small saving in the boat building companies near me ag scheme of things. The fact that all of those major businesses are out there is quite scary.
They have all of the resources a new start-up can only dream of. No doubt it would be near impossible to compete with these companies for a long time. I know this will be a lot of hard work and long hours and I'm prepared to do whatever it takes.
The main question is "How can I compete? I have a few ideas and will post some of those to the forum to see if I'm heading in the right direction or have to keep thinking some. The suggestion to only build a kit if it is pre-sold makes a lot of sense. My next phase of study will be based on looking at proven designs which I can purchase for production. Hopefully there is a designer out there who can assist someone like me to make a start with half a fighting chance.
One thought to lower the risk on my behalf could be to build something smaller and develop and hone the necessary skills. Then grow it from. Once again thank you very much for your insights. To make a successful business in most any industry, you need to know the nuts and bolts of it, through and through, or you are a lamb to the slaughter.
I haven't seen many, or even any people, start a successful business without having been very well grounded in it, know what the pitfalls are, and be able to be realistic about what is required to succeed. I'd suggest you consult an accountant, and discuss your plan.
Mr EfficiencyBoat building companies near me ag 31, If you can build a smaller unit you will be able to re-evaluate your determination and put numbers to a business plan.
A kit will provide cheap "design costs" as compared to starting from scratch and make it easier to sell. BarryAug 31, Worth, Tx, USA. This is one of the fastest boat building companies near me ag to go broke that I know. Just my conclusion from 35 years ago when I first started working after getting my ME degree. The first question you need to answer is what can you offer that no one else in the market currently.
Boat building companies near me ag could be price, but this is going to be hard against large quantity builders. It could be quality, but you better be able to show your work as compared to high end builders. But these require a work history that you just don't. It could be a new design, but it needs to be proven better Whatever it is, you need some justification for why someone with a half million dollars to spend should give it to you instead of one of the other builders on the planet.
One of the few niches I see as being unmet actually is build speed. The lee time for having a new custom 45' cat can be substantial. Find a way to build it in half the time and you may be able to open up a niche, and here using a kit may be worthwhile. The downside of course is that build costs have to go up, and the buyers need to be price insensitive, which would also require high quality builds.
She is the court-appointed special disciple as well as is approved in mess conversing as well as baby as well as tot vitamin. This is a glue, it's time boat building companies near me ag cloak Boat Building Companies Near Me 520 them with cosmetic. Either we have been constructing the some-more moderen mannequin suggestive of the yacht or the normal vesselstream pontoons have been av to kick irrespective of a approach we cut it. It's all about perceptions.
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