I know about the lay off, it was about 5 years ago and we had just had our second boy and it was about 3weeks till christmas and wham we don't need you anymore. But i had another job in less than a week. i have never been out of work for less than a week unless i wanted to. i know how to talk to people and were to look.

Thanks for all the good advise guys, like i said if i do it now this will be a machine tool repair buisness, but i have also considered the electrical side residential, commercial and industrial, iam looking to find a company that does this in my area and work PT for them to learn more of the code and tricks of the trade.