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There are always specialist jobs you will want to farm out, like plating and barrel boring and rifling, since there will not be enough jobs to cover the cost of the equipment.
One of the jobs I have suggested for a small shop is stock repair. Not just sticking a barreled action in a plastic stock, but repairing broken stocks or replacing stocks on, say, double barrel shotguns. Years ago, many folks cut down the stocks of military rifles to "sporterize" them; now their descendants want to restore the military look with as much of the original stock as possible. That can be a fairly profitable area once a reputation is built up of doing the job right.
Jim
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