What are the things to settle before starting a production based business?

[Patty]

Any business that is majorly based on production should have its peculiar demands. And if those demands are not settled, the production would not go on smoothly.

What are the things to make sure that it is settled before embarking on production based business?

 

[Augusta]

I think it should start with skilled workers that would be able to operate the machines and have thr knowledge to run the business

 

[Springtime]

To set up a production facility, you need equipment, skilled labor and an experienced production manager to manage the facility.

 

[eLdavis]

I think one thing you need to settle would be your suppliers. Have your suppliers on ground before you start production.

 

[Kross]

I think one thing you need to settle would be your suppliers. Have your suppliers on ground before you start production.

That's true. You can't do production well without having a strong supply chain. It just won't work.

 

[King Belieal]

Before you start production, you must ensure that you have secured the equipment to use in the production.

 

[Augusta]

Another thing is to have the business in a good location that would be easily accessible to the buyers especially those buying in bulk

 

[Suba]

Entrepreneurs who are going to build a production-based business, in addition to preparing licensing documents (if needed), must also create production quality standards, the amount to be produced, the capital needed, choose the machines and equipment to be used, market share, promotion methods, etc.

 

[Min George]

The business has to settle on the capacity that they would start with abs how it would be scaled up. They also need to settle on equipment for production.