Have you ever thought about starting business that deals with manufacturing?

[Stardom22]

I can say that in most parts of the world, there is higher demand for cement here because most people are putting up buildings for that matter. So with that put in place, cement has a higher demand and starting a cement manufacturing plant would be great business here. What do you think?

 

[magnus2022]

Manufacturing business is very capital intensive! You must have government backing before you are allowed to venture into the business. There is a lot of paper work and manpower. Therefore, if you have the fund and required skills, you can go into the business.

 

[Min George]

A business that deals with manufacturing is very technical and expensive to start. You need to purchase and understand several equipment.

 

[Kross]

Manufacturing business is very lucrative than having to buy already manufactured products. The quantity and the quality of the product is solely determined by you.

 

[Augusta]

Yes, it gives potential for High Profit Margins: By manufacturing your own products, you can potentially increase your profit margins compared to simply reselling goods.

 

[eLdavis]

I have never actually thought about this kind of business before now cause i don't really have anything in mind i would want to manufacture.

 

[Augusta]

Yeah but it comes with challenges like high initial investment, the need for specialized knowledge, and potential for market fluctuations.