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Starting a manufacturing company can be a very exciting endeavor, but one that requires careful planning and attention to product safety. Many people consider the entrepreneurial route, but it is a risky road to take, especially if you don't set yourself up for success. Read More »
Many of the terms surrounding the purchase of a hotel business can sound familiar--"franchise," "turn key operation" and "operating results" are all terms that are used in business fields outside of the hospitality industry, so you're likely to have encountered them if you're a business owner. Happily, in the hospitality industry, they generally retain the basic meaning that you're familiar with. Read More »
Do you have a great idea for a product? Has it proven difficult to find an existing manufacturing plant to tool up for it? You might want to consider starting a manufacturing company of your own. There are a few aspects of starting your own company that you may want to investigate before you dive in head first, however.
The first is whether you can obtain grant money on a state, federal or local level to help with your endeavor. The second is whether you need outside investors to help with capital. And finally, do you want to limit your manufacturing to your product, specifically, or are you willing to tool up to help other entrepreneurs as well.
Before you consider starting a manufacturing company, it is a recommended that you visit several plants and facilities in similar industries to get an idea of the production costs, equipment and other concerns in the manufacturing industry. To find out more about starting your very own manufacturing business, feel free to visit any of the resources on the left side of this page. Business.com has compiled resources for everything from consulting to manufacturing and more to help you find the goods and services you need to succeed.