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How Do You Manufacture A Product?

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    In order to manufacture and market a product, the elements like mission statements, long term business plans etc do not make a big difference. What you have to do is formulate a business plan which involves numbers.

    Develop or make use of technology if possible, newer and advanced technology to manufacture your product. Get raw materials for as cheap as you can, but do not compromise on the quality as this will deter you from maximising your profits in the long run.

    Get your manufacturing units in place, hire individuals and then train them in the production process. Start by producing on a small scale, test it in the market. If it is s new product, you will need some amount of marketing. According to the results, decide on your next step.
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    Cinnamon 

    answered 3 years ago

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