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Travel through most sections of the United States and you’ll see huge factories built to manufacture a variety of products—autos, trucks, airplanes, stoves, refrigerators, etc. These factories have enormous payrolls. The salary expense for just one month is more than many people earn in a lifetime.
“How,” you ask, “can I compete with factories like these? Where would I ever find the money to pay for the machinery?”
The answer is simple. When you manufacture products at home you concentrate on specialty items that usually are too expensive for large factories to handle. Also, you select products that are simple to manufacture-_products that do not require expensive machinery. If high-cost machines are needed to perform a certain operation on a product, you subcontract the work, farming it out to firms owning such machinery. The operation may cost a little more than if you did it on your own machines. But you avoid the large investment in machinery.
Seven key secrets to successful home manufacture of any product are:

1. A simple product
2. Minimum production steps
3. Fast production
4. Low-cost materials
5. Small labor cost
6. Simple or no machinery needed
7. Mass production possible

Look for these seven characteristics whenever you are considering a product to manufacture. The product you pick may not have all these desirable features, but if It has most of them you may decide to go ahead.

Here’s a typical example of a successful home
Clara  is a happily married woman who never had any children. Once, while working with some orphan children, she devised an attractive doll made of strands of thick yarn. The doll was so popular with the children that she was soon making it by hand at home and selling it to expensive department stores. Sales were slow until she fitted a knitted hat to the doll. While the hat cost almost as much to make as the doll, the push it gave to sales made it worthwhile. Sales of the doll began to boom. Today the doll is more popular than when first introduced.
The analyzing the success of this doll made of yarn, there are several important facts we can learn from it. These are:
(1) Thedollisashnpleproduct
(2) It is easily made—only six steps are needed
(3) The doll can be made quickly—one woman can turn out twenty per hour at home
(4) Except for the knitted hat, the doll is made of low-cost materials
(5) Labor costs are low because unsidiled women can make the doll at home
(6) No machinery is needed to make the doll
Thus, the doll has almost every desirable characteristic of the ideal product for home manufacture. This is the main reason why it sells so profitably.
Hundreds of items you can manufacture at home. You’ll also learn how to set up your own manufacturing
business so you earn maximum profits.

Filed under: Business