what are the basic requirements needed to start a new factory
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Answer:
Demand for your product. ...
Setup costs. ...
Competition from other manufacturers. ...
Previous experience, knowledge and qualifications. ...
Finance available and finance options. ...
Business location. ...
Rules and regulations.
Answered by
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Below are some of the most important factors you should consider before starting a manufacturing business.
Demand for your product.
Setup costs.
Competition from other manufacturers.
Previous experience, knowledge and qualifications.
Finance available and finance options.
Business location.
Rules and regulations
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