ENTREPRENEURSHIP

Detailed explanation-1: -What is a manufacturer? A manufacturer is any business that produces finished goods from raw materials. They sell these goods to consumers, wholesalers, distributors, retailers, and other manufacturers wanting to create more complex items. Manufacturers typically stick to one type of product.

Detailed explanation-2: -Manufacturing is the making of goods by hand or by machine that are intended to be sold to customers upon completion. Items used in manufacturing may be raw materials or component parts of a larger product. Manufacturing usually happens on a large-scale production line with machinery and skilled labor.

Detailed explanation-3: -Examples of manufacturing include automotive companies, bakeries, shoemakers and tailors, as they all create products, rather than providing services. However, for example, logging or mining are not manufacturing, as they do not change goods into new products.

Detailed explanation-4: -A manufacturing business is any company that uses raw materials or components to create finished goods. Manufacturing businesses make most of the products we use, including electronic devices, furniture, medical equipment and aircraft.

Detailed explanation-5: -Step 1: Develop a Product Concept. Step 2: Create a Prototype. Step 3: Find Manufacturers. Step 4: Obtain Quotes From Multiple Suppliers. Step 5: Order Samples. Step 6: Set Your Terms. Step 7: Manufacture Your Product. 24-Feb-2023