GIVE THANKS METAL WORKS FABRICATION

Prince Fosu

DESCRIBE YOUR BUSINESS:

GiveThanks Metal Works and Fabrications is a thriving business with a loyal customer base of 29 regular clients. The company specializes in crafting high-quality metal products, ranging from intricate architectural pieces to sturdy industrial components. While they have achieved significant success, we are eager to take their business to the next level by investing in a metal plasma cutting device.

This cutting-edge technology would revolutionize GiveThanks’ operations, enabling us to achieve unparalleled precision and efficiency in our metalworking processes. The plasma-cutting device would allow for intricate designs and complex cuts, significantly expanding their product range and attracting new clients.

EXPLAIN THE PROBLEM.

The problem that GiveThanks Metal Works and Fabrications is facing is that we are limited in our ability to create intricate and precise metalwork due to their current equipment. This limitation hinders our ability to expand our product range, increase efficiency, and meet the growing demands of our customers.

EXPLAIN YOUR SOLUTION.

The $1000 grant would help us overcome this challenge by allowing us to purchase a plasma metal cutting device, which cost $1290, however I have a personal saving of $290 to reinvest. This device would significantly improve our precision, efficiency, and overall production capabilities.

BUSINESS MISSION STATEMENT:

To be a trusted partner, crafting enduring metalwork that enhances communities while respecting the environment.

HOW LONG HOW YOU BEEN IN BUSINESS?

I graduated as an apprentice about three years, worked for other masters but actively been in business for about 6 months.

YOUR NET INCOME

In October 2024, the company revenue was $1,098.32. Expenses, including the self-salary of $182.93, were $800.21. This resulted in a net profit of $298.11. Here is a picture of the October 2024 net profit.

SERVICE OR PRODUCT  DELIVERABLE:

Products:

• Metal Fabrication:
  • Structural steel components for buildings and infrastructure
  • Custom metal enclosures and housings
  • Ornamental metalwork (gates, fences, railings)
  • Metal art and sculptures
• Metal Machining:
  • Precision machined parts
  • Custom metal components

Services:

• Metal Cutting:
  • Plasma cutting
  • Welding: 
  • TIG welding
  • MIG welding
  • Stick welding
• Metal Forming:
  • Bending
  • Rolling
  • Punching

DESCRIBE YOUR BEST CUSTOMER:

GiveThanks Metal Works and Fabrications primarily serves businesses and organizations that require custom metalwork solutions. Here are some of our best customers

Small Businesses and Entrepreneurs: Individuals and businesses that need custom metalwork solutions for their products or services.

Construction Companies: Builders, contractors, and developers who need structural steel components, custom metalwork for facades, and other architectural elements.

WHY DO CUSTOMERS BUSINESS WITH YOU RATHER THAN WITH YOUR COMPETITORS?

Customers choose GiveThanks Metal Works and Fabrications over competitors for several reasons:

1. Unmatched Quality and Precision:

• State-of-the-art equipment: Investment in advanced machinery like the metal plasma cutting device will ensure exceptional accuracy and precision in every project.
• Skilled Craftsmanship: As an experienced artisan with a keen eye for detail deliver flawless workmanship, resulting in superior-quality products,  seek to always learn, relearn, and unlearn outmoded and outdated practices.
• Strict Quality Control: Rigorous quality assurance processes guarantee that every product meets the highest standards.

2. Customized Solutions:

• Tailored Approach: The company works closely with clients to understand our unique needs and develop customized solutions.
• Flexibility and Adaptability: We can handle a wide range of projects, from simple to complex, and are able to adapt to changing requirements.   
• Innovative Designs: Collaborating with clients, we bring innovative ideas to life, pushing the boundaries of metalwork design.

LIST YOUR SERVICES OR PRODUCTS AND THEIR PRICES:

Due to the wide range of custom metalwork services and products offered by GiveThanks Metal Works and Fabrications, it’s not feasible to provide a comprehensive price list. The cost of a project depends on various factors, including:

A large medium metal gate can cost between $384.22 to $500 plus, depending on lots of factors like:

• The complexity of the design: Intricate designs require more time and materials, leading to higher costs.
• Size and dimensions: Larger projects naturally involve more materials and labor, increasing the price.
• Materials used: Different metals, finishes, and thicknesses have varying costs.
• Scope of work: Whether the project involves fabrication, machining, assembly, or a combination of services will affect the price.

To provide an accurate quote for a specific project, Give Thanks Metal Works and Fabrications gathers needful and more information about our clients’ requirements, such as:

• Project specifications: Detailed drawings, dimensions, and descriptions of the desired product.
• Materials: Preferred types of metals, finishes, and thicknesses.
• Quantities: How many units or pieces are needed?
• Timeline: When the project needs to be completed.

HOW DO CUSTOMERS KNOW THAT YOU EXIST?

Local Networking and Partnerships:

• Industry Events and Trade Shows: We Participate in industry events to connect with potential clients and partners.
• Collaborations: We Partner with architects, designers, and other businesses in the construction and manufacturing sectors.
• Local Chambers of Commerce: Being a member of a local chamber of commerce I have built trust and integrity relationships with other businesses and community members.

3. Word-of-Mouth Marketing:

• Satisfied Customers: Encouraging satisfied customers to refer our business to others and giving them some snacks when they come to inspect their projects, also I share my business complementary cards as well.

WHY DID YOU CHOOSE THIS BUSINESS: 

Tangible Results and Creative Expression:

• Metalworking allows for the creation of tangible, functional, and beautiful objects.
• It offers a creative outlet for skilled artisans like me to design and fabricate unique pieces.

2. Diverse Applications:

• Give Thanks has a wide range of applications, from construction and manufacturing to art and design.
• This diversity ensures a steady stream of projects and opportunities.

3. Skill Development and Mastery:

• Metalworking requires a high level of skill and precision.
• The constant challenge of mastering new techniques and materials keeps the work stimulating.

4. Problem-Solving and Innovation:

• Each project presents unique challenges that require creative solutions.
• This fosters innovation and problem-solving skills.

5. Potential for Growth and Scalability:

• With an increasing demand for custom metalwork, the potential for business growth, expansion, and sustainably investing in technology and hiring skilled workers, as well as training apprentices so that businesses can scale up operations.

6. Financial Reward:

• A successful metalworking business is highly profitable, especially when specialized skills and unique offerings are involved.

LIST YOUR TOP WAYS TO FIND NEW CUSTOMERS:

Networking:

• Attending industry events, trade shows, and conferences.
• Joining local business organizations and chambers of commerce.
• Building trust relationships with customers, architects, engineers, and contractors.
• Started creating social media business pages and participating in online forums and social media groups.

 Partnerships and Collaborations:

• Partnering with complementary businesses, such as architects, designers, and contractors as well as SME’s.
• Collaborating with other metalworking businesses on joint projects irrespective of how some metalworking businesses do not accept this sometimes notwithstanding we usher in skills and knowledge as well as update my skills online with recognized platforms like ALX, and Goggle Play Academy.

 Customer Referrals:

• With my good customer relations and the quality of metalwork I produce, I encourage satisfied customers to refer to their friends and colleagues.
• I offer referral incentives to reward customers for bringing in new business.
• Volunteering my time to community service and organizations.
• Visiting new residential locations and construction sites.

Insert pictures of your business activities here and give a brief explanation of each:

From top left:

1. My signpost displays my brand name, number, and pictures of work I do.
2. A metal gate made for a client ready for pickup to guard his Montessori school project.
3. Metal frames are ready to be joined together.
4. One of my apprentices is welding metals in the production process of metal gates. Currently, I have 3 apprentices.
5. Metal gate ready to be sprayed and delivered to a client.
6. A metal fence I produced served as a guard and beautifying a house construction project to be used as a hotel by a client.

HOW WILL YOU USE THE MONEY? (Include pictures of the product/Services (s) 

The $1,000 will be used to purchase a state-of-the-art metal plasma-cutting device. The total cost of this machine is $1,321. I have $350 to add up so I can purchase this. This investment will significantly enhance our efficiency in metalworking, allowing us to create intricate designs and complex cuts with unparalleled accuracy.

PLASMA CUTTING MACHINE, THE BRAND AND SPECIFICATION.

Plasma Cutter, Non-Touch Pilot Arc, Air Sensor Technology, Large Digital Display Screen, BTC500DP 7Gen 50Amps 110/220V Dual Voltage, IGBT Plasma Cutter Machine (BTC500DP 7GEN 110/220V)

Benefits of the Metal Plasma Cutting Device:

• Enhanced Precision and Quality: The plasma cutting device will deliver exceptional accuracy and clean cuts, resulting in superior quality products that surpass industry standards. This will elevate our reputation and attract discerning clients seeking top-notch craftsmanship.
• Expanded Product Range: The device’s versatility will enable us to venture into new product lines, such as custom metal art, decorative screens, and intricate architectural elements. This diversification will tap into new markets and increase our revenue streams.
• Improved Efficiency and Productivity: The automated cutting process will significantly reduce production time, allowing us to fulfill orders more quickly and efficiently. This streamlined workflow will increase our output and enable us to take on larger projects.
• Strengthened Customer Relationships: The ability to deliver high-quality, customized products promptly will strengthen our existing client relationships and foster loyalty. Satisfied customers will become brand ambassadors, generating valuable word-of-mouth referrals.

By investing in the metal plasma cutting device, we will position ourselves as a leading provider of precision metalwork in the Atafua community. This strategic move will not only enhance our reputation but also generate substantial income growth through increased productivity, expanded product offerings, and a loyal customer base.

• From Left: Portable Pilot Arc Function]: BTC800DP 9th bestarc plasma cutter has the pilot arc function. It is a high-frequency non-touch arc starting mode. The torch head does not need to touch the metal plate. The cutting methods of mesh and plate are added to solve the problem that cutting mesh is easy to break arc
• [Digital Screen Display]: The screen of the plasma cutter machine displays the parameters centrally such as air pressure, voltage, and current, allowing users to understand the equipment status in real-time and adjust operations in a timely manner, improving operational efficiency. If plasma cutter cannot work, the screen comes with an error code system, making it easy to find out the problems

Income Statement: 

Cash flow statement:

Share about your family and picture here: 

From top left

1. My matrilineal Sister paid for my training when I was learning metalworks. She is called Aaron Kwame Chila Fosu 
2. My brother, Kevin Fosu, and I attended the Church program together.

CONTACT DETAILS:

Phone number: +233508935714                    

Email: infoateahac@gmail.com

Course Facilitator Details: Emmanuel Osei

Phone: +233554807083

Email:entrapovkumasidistrict@gmail.com