Page 93 - 597 Business Ideas You can Start from Home - doing what you LOVE! (Beginner Internet Marketing Series)

84 You r Idea, Inc.

factories produce such a huge volume of products that they may be
able to group the purchase of your product's materials with other
companies' materials to give you better discounts. The tables will
give you a quick look at some of the other pros and cons.

......_ . ... - CONS

PROS Higher labor cost

Faster lead time (no oceanic shipping
delays)

More accessible for supervision and
visits

Mandatory working standards

You can say "Made in USA" on product

Easier to make changes/correct prob-
lems with manufacturing

No language barrier

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PROS CONS

Lower labor costs, bigger profit margins Longer lead times (magnified for trend/
style industries)

Different standards and regulations

U.S. Customs needs time to review
imports and can hold your goods for
variety of reasons

Lack of control, possible lack of knowl-
edge of day-to-day operations

Cost of shipping impacted by oil crises

Lower level of respect for intellectual
property rights, which puts your IP in
jeopardy, spurring knockoffs

I'm clearly a proponent of manufacturing in the United States,
but I recognize that the domestic production cost can be a deal
breaker. Gather the facts and make an educated decision.