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To be able to produce a finished work that is either to acommission specifications or which a sellable, the blacksmith needs to be morethan just an expert metal worker. Of course his skills are important in thequality and value of the finished product, but to be able to work to his bestand be sure that he is making a profit on the project, the blacksmith needs tobe able to plan his work and expenses. If the blacksmith is producing works forsale he needs to: Know what are the market rates for equivalent goodsEnsure that he can match these rates while making a profit for himself.Plan on what will make his product unique so that it stands out and attracts customers. It is the second of these issues that is the most complexand requires a certain amount of both technical and business knowledge. What is given below in regard to blacksmithplans for commissioned projects will also apply in this case. Commissionedprojects are much more complex and require careful planning before they arequoted for and executed. Before undertaking any commissioned project theblacksmith should ensure that he has planned for taking care of the followingissues. Study the project in carefully. The devil is always in the details. A slight misreading of the metal specifications or the dimensions will not only cause you to offer a wrong quote, but, if the quote is accepted, cause the final product, on which you have spent so much time, effort and money, to be rejected.Understand the material costs and if it is a long term project, build in a raw material price escalation clause into your quotation. Many clients may resist this, but you can tell them that you will show proof of escalation, if any, and this will not be add your profits.Estimate the time you will require for the project. Your time is valuable and every hour spent on the project which is not charged for is a loss. You could have done something profitable in that period. At the same time, remember that you are quoting against competition so keep the time frames as tight as possible.Plan your around your other work and projects, adjusting them if needed and if possible, to ensure that you are able to meet the deadline you have offered or the client has demanded.If the project involves any work that you cannot do yourself but have to sub contract, ensure that your planning includes both the cost and time required for the sub contracted work.Depending on the type of project, make detailed drawings or diagrams and have these approved by the client so that there is no misunderstanding of what the finished product will be or will look like.Prepare your own time chart for completing the project with stage wise milestones so you are able to ensure that your work is progressing on schedule.
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