Saturday, June 16, 2012

How to Start Your Own at Home Manufacturing Business

When it comes to at home manufacturing businesses, most people choose to do the manufacturing off-site, and simply manage the day-to-day business it involves from their homes. If you're thinking of how to start a manufacturing company, here are some tips to consider.

If you're planning any sort of manufacturing at home, you must have a license to do so. In many neighborhoods, at home businesses of any kind just aren't allowed. With a home based manufacturing business, even where they are allowed, there will be many regulations and laws that you will have to follow. And you should know that any rules that apply to the big manufacturing companies will also pertain to your starting a manufacturing company from home.

Home Based Business

These rules and regulations will primarily concern safety, pollution, and quality control issues. You likely have to do some major work on your home to meet these regulations, as well as setting up the necessary equipment for your at home manufacturing business. Getting all the licenses, approvals, certifications, and permits takes time. Doing these things can also be quite daunting.

How to Start Your Own at Home Manufacturing Business

So daunting, in fact, that most people who are involved in starting a manufacturing business choose to run the business from their homes, but do the actual manufacturing in another location.

By doing this, the facility where they do their actual manufacturing is in a place where all the codes and regulations are already met. They will often also have all the necessary equipment so that all a person does is have to staff up to get their at home manufacturing business going.

Regardless of which way you choose to go, you should understand that it will take time to have everything in place before you can actually start your at home manufacturing business. This is not a start-the-same-day business opportunity. You will need to have a business plan that maps out your strategy for starting your at home manufacturing business.

Some questions to think about as you plan your at home manufacturing business strategy are:

Where's the best location? How will I finance my home manufacturing business? Will I need to hire people? If so, how many people will I need? Should I hire an accountant? What equipment and supplies do I have to have? Do I have the business knowledge I need? Are any special permits or certifications required? Are there any government regulations concerning the product my home manufacturing business will be making? Where do I want this business to be in 6 months? A year? Two years? Am I willing to do what's necessary to make this business a success? Does my family support my at home manufacturing business idea? Do I have the space I need for an at home office? Would having a partner be beneficial? What sort of tax plan is best for me? Who's my competition and what are they doing? Is there a need for my product? How will I get my product to market? What sort of advertising and marketing should I do?

As you can see, there are lots of things to think about when thinking about how to start a manufacturing business at home. But to be successful, it's necessary to do as much research and planning in the beginning as possible. This saves you a great deal of time, money, and frustration in the long run. No one has ever regretted taking the time to do something right, but far too many people have huge regrets over leaping before they look. You don't want to be one of them.

How to Start Your Own at Home Manufacturing Business

© Copyright Randy Wilson, All Rights Reserved.

Randy currently has a website dealing with Reviews of Coffee Related Products such as coffee makers, espresso makers, coffee, k-cups, and more plus articles on coffee enemas and other coffee and health related topics. He also has a website of Reviews of Small Appliances [http://www.smallappliancebuyerguides.com/] such as ice cream makers, vacuum cleaners, mixers, irons, toasters, food processors, and many other appliances.

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Friday, June 8, 2012

Home Business: Wreath Making

So you enjoy making wreaths and have decided to go into business for yourself. Congratulations, that sounds like a positive idea and hopefully will be a profitable one. First, however, you will want to make your business plans so that your start up won't also be your shut down. You will want first of all to make sure of your work space. Do you have an area that can be dedicated specifically to wreath making? Making wreaths in front of the TV is one thing when it's a hobby/craft project but are you, and other family members, going to be willing for this space to be dedicated full time to wreath making? If not, do you have another place in your home that can be used as your place of business, perhaps a little used guest room or a part of the basement could be dedicated to this.

Once you have your work area secured, what about a storage area for finished wreaths and for materials? There may be times when you will want to temporarily store some of your wreaths until an order is completed. For some wreaths, this will call for a cold or cool area where they can be properly maintained. Also, buying materials in bulk at bargain rates is a bonus, but you'll need to be able to store the materials properly.

Home Based Business

Designing and printing up a brochure and some business cards is a good idea also. Not all potential customers will be able to talk with you immediately, but having a business card and brochure to leave will give them the opportunity to check over your product a little more closely on their own.

Home Business: Wreath Making

You will also need a name for your business. You will need something to put on those brochures and business cards.

A product display unit is nice also. Making a photo album of your wreaths will enable you to show potential customers something of your work without trying to carry a lot of it around with you.

You might want to talk with the bank also and find out about setting up a business checking account. Many wholesalers insist that customers must use business checks in order to prove that they are a legitimate business.

You will need a bookkeeping system also so that you can keep track of how much you are taking in and paying out. Also, when tax time comes, and it will, this will be a big asset to you and may just help you in making sure that you are remembering everything. Also, you may be able to deduct a certain percentage of your household expenses as business expenses if your business is being run from your home. This also includes gas and wear and tear on your vehicle.

Lastly, you will need a sales book and pen. Go out and get orders, don't take more than you can fill, and don't forget to enjoy yourself. Congratulations on your new business.

Home Business: Wreath Making


Dawn Keadic enjoys decorating with wreaths, both indoors and outdoors. For more information on wreaths, including wreaths you can make at home, visit http://www.unique-christmas-wreaths.com.

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