Which Owners Must Answer Before They Start A Manufacturing Business

With advanced technologies, it’s now possible for entrepreneurs to venture into the manufacturing industry. But to get success, they must pay attention to these important factors following.
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How can I start a small manufacturing business?  originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.

I would highly recommend starting with some research.  Find out who are the companies that are currently manufacturing components.  Research whether or not your want to outsource or control the manufacturing yourself.

Honestly, it is amazing the amount of things that you can figure out if you just dedicate the time necessary to do some research.

Other than expanding your understanding, pay attention to these factors:

  1. Where are you building components?
  2. Where are you selling components?
  3. How are you going to reach consumers?
  4. How will you deliver the components?
  5. Who is responsible for installation?
  6. What is your quality control process?
  7. How are you going to protect your interests?

Build around the answers to those questions and you will be able to start the manufacturing business.

Contributed by Robert Rogers, Reformed Attorney, and Marketing Strategist.

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