Feasibility of Swaging as a Business
Hi all,
I'm new to the forum/swaging, and wanted to get y'all's opinions on swaging as a business model. Given the extreme high demand for ammunition for at least the past year, I decided to research what it would take to start making my own bullets, and came across Corbin, and the great information he has on the site. After researching for a few weeks, I've decided custom bullet making is something I'd like to pursue, but don't want to go in blindly. My plan is to purchase a Corbin Hydro-Press and automatic jacket maker, along with the additional components needed to produce the most popular bullets.
But since the custom bullet market is relatively new to me, here's where I think I really need advice--is it worthwhile to invest in a swaging setup with the intent to produce "regular bullets" (think FMJ/Hollow Point/Ballistic Tip 5.56/.223/300BLK etc.) for the time being, and once the demand for those types of common bullets subsides, move over into the true custom world? Dave Corbin has a lot of information on his site about the profits custom bullet swaging can produce, but given the high demand for "common" bullets right now, are the profit margins still there? Of course, a small business venture like mine would not be able to keep up with the likes of Hornady and others, but if the margins are still good for "common" bullets, and the market buys everything I make due to the current high demand, shouldn't it still be profitable? Or am I missing something?
Thanks for any advice y'all can provide, and I appreciate your time in advance.