Why do you think that a manufacturing company is profitable?

[Potuse]

The manufacturing sectors of each and every business is in a country are very lucrative deartment that are making huge amount of profit because a manufacturing company is a lucrative enterprise monetarily. What is your take on this?

 

[Trey]

Manufacturing businesses are profitable because the products have high profits margins. That's because they are in control of their costs. They are able to play around it and produce at a cost that would give them high profit margins.

 

[Laurentta]

I think a manufacturing company is profitable today because almost everything we use today is manufactured since we can't make use of these things when they are raw materials.

 

[eLdavis]

Indeed this section is a very lucrative one. I believe the manufacturing department is lucrative simply because they are offering a service that is needed. In other words they are creating solutions for the problem of different people.

 

[Abasiama40]

Manufacturing business is very lucrative because they are often scalable, there are a huge variety of spacialities to choose from, marketing can be easily integrated, they can have a global customer base, and there are many roles to fill.

 

[Mayorla]

Starting a Manufacturing business is profitable. The level profitability depends on the type of product you intend manufacturing and your knowledge about such product.
Ensure your products are quality enough and you would be basking in profit.

 

[Kane]

A manufacturing company can be profitable but you need a lot of investment. You also need suppliers for your company to reach the market. I think a supplier makes smore money than the manufacturer.

 

[Heatman]

The manufacturing sectors of each and every business is in a country are very lucrative deartment that are making huge amount of profit because a manufacturing company is a lucrative enterprise monetarily. What is your take on this?

A manufacturing company is a business set up that is producing something that a lot of people out there in the community are going to be interested in making use of which means that there will always be in sales service 24/7.

 

[Chibson]

Starting a Manufacturing business is profitable. The level profitability depends on the type of product you intend manufacturing and your knowledge about such product.
Ensure your products are quality enough and you would be basking in profit.

Probably, before you will start production business you must determine the demand for such a product. You also need to offer something unique and of a very good quality in order to be able to compete.

 

[Mayorla]

Probably, before you will start production business you must determine the demand for such a product. You also need to offer something unique and of a very good quality in order to be able to compete.

Yes exactly, Determining the demand of the product you want to produce is part of Proper Research making.
It is essential to make Research before venturing into a production business if you intend to avoid losses.

 

[Heatman]

Probably, before you will start production business you must determine the demand for such a product. You also need to offer something unique and of a very good quality in order to be able to compete.

When you are in the pool position to determine what people are demanding and buying in the market as the producer, I believe that gives you a very good opportunity to take the advantage of making a lot of profit from your products production.

 

[joy101]

The reason is because their production is in mass, but it depend on their product, if their product is not good it will affect them, because of competition in the market apart from this the produce in mass that can satisfy the majority of the customer and also give them more money.

 

[Planbizzle]

Manufacturers should aim to create high-quality products that meet or surpass client expectations. Companies may boost customer loyalty and attract new consumers by emphasizing quality. Manufacturing companies can boost profitability by focusing on these main areas.

 

[Jonaville1]

The manufacturing sectors of each and every business is in a country are very lucrative deartment that are making huge amount of profit because a manufacturing company is a lucrative enterprise monetarily. What is your take on this?

It is profitable because you are the owner of the product and you will even be the one to decide how much you want to sell thenprofucts that you have created and that is very good.

 

[Chibson]

When you are in the pool position to determine what people are demanding and buying in the market as the producer, I believe that gives you a very good opportunity to take the advantage of making a lot of profit from your products production.

Yeah, that is actually how it works. As a producer you must always try as much as possible to determine what people are in need of. That way it will be easier for you to maximize profit.

 

[Danny4cash]

Manufacturers do make a lot of profit due to the fact that the raw materials they used in manufacturing are very cheap. Most of the raw materials were even gotten freely. And when they finished producing the product, they sell it for huge amount.

 

[Emmy]

Manufacturing company is profitable since they are the inventor of products. They are the ones that turn raw materials into finished goods. All customers love to have direct contact with them especially wholesalers buy in bulks.

 

[Potuse]

Manufacturing businesses are profitable because the products have high profits margins. That's because they are in control of their costs. They are able to play around it and produce at a cost that would give them high profit margins.

Manufacturing companies would be very profitable because it is involved in the production of items directly and that is one of the yardstick to making decent money from such enterprise and I think that it is a better investment.

 

[Trey]

Manufacturing companies would be very profitable because it is involved in the production of items directly and that is one of the yardstick to making decent money from such enterprise and I think that it is a better investment.

Since they are involved in direct production and adding value, they are generally profitable. They are also an important part of the economy as their success would boost GDP. That's why some of them get favorable policies from the government.

 

[Syldan]

Well it depends on the kind of products they manufactured.

a also believe that manufacturing companies are very profitable even though they spend alot on the cost of production but they also have alot of profit when their product are being highly patronize.