New Business in the Pipeline for Francis
Having been in pipe and metal fabrication for over 14 years, Francis Patterson had a dream of doing things in a different and better way that suits him and his young family and the way of life they all want.
Francis had become bored with doing things the way he’d always done them; he had the dream of wanting to use different welding methods and new materials to create high quality products for his customers using the latest design technologies.
So the first thing Francis did was speak to the Smarta Business Starter Business Support Team at Alt Valley in Croxteth; they help people like Francis get started through the Enterprise Hub start up programme which is co-funded through EU funding. Francis met Business Advisor Roy Meredith who helped Francis evaluate the business opportunity and assisted with the production of a business plan and cash flow forecast.
“I hope to bring a fresh approach to fabrication” says Francis. “I want to build up a trusted client base, and also help anyone who is thinking of choosing this industry as a career, by training them to a high standard getting them fully qualified as highly skilled. These aspects will help differentiate my business from many others.”
During discussions with his ddvisor, the process for applying for start-up loan funding through the Government-backed Start Up Loan scheme was pursued, resulting in a robust business plan and cash flow that was successful in attracting the funds required to get his new business off the ground.
Francis has now set up his new fabrication company – FJP Fabrication Ltd
Francis adds: “ I plan to make innovation the cornerstone of everything my new business makes; I will use new materials, the latest welding methods, bespoke bracketry and pipe spools combined with the latest CAD/CAM design programmes to create unique work. I also want to use my interest in metal sculpture as an add-on to the business. All in all, a fresh approach in a quite conventional industry.”
Enterprise Hub Business Start Up support is available to anyone over the age of 16 yrs thinking of starting a new business in the Liverpool City Region area.
Alt Valley Community Trust is one of several partner organisations in Merseyside delivering the free business support through a high quality team of experienced business advisors.
Business Advisor Roy Meredith commented:
“Francis is typical of many of the young entrepreneurs we get through the Enterprise Hub support programme. He adds business passion to innovation and imagination and it’s no surprise that his application for loan funding has been accepted. I fully expect his new business to go onto great things.”