1.1 Feasibilities Study
The first and most important question: Is the product producible within your budget? There are lots of details to consider: What is the price of the final product going to be? Do you have the funding for molds, development, inventory and more? Most suppliers do not extend payment terms, so having funds up front is a must. What are some of the barriers? Environmental, political (can it be imported) etc… There is so much to consider it can be daunting. Let us help.