To start a toothpick manufacturing factory, you must first research the local market to see if there is enough local market to accommodate your product. Then proceed to venue rental (purchase), equipment purchase, etc. This operation all has a cost, so we will talk to you today: Cost Of Starting Toothpick Manufacturing Plant
1. Research fees
Research is a time-consuming job. If there is a professional research company in the local area, it can also be outsourced to a research company because they are more professional. If you do your own research, you can visit supermarkets, shopping malls, restaurants and other places that sell or need toothpicks, find your competitors, sales and other different data, and judge whether to do toothpick business or what kind of toothpick business to do based on these data.
2. Go through the formalities
To open a toothpick factory, you need to register with the local industry and commerce department, and some places require more. Therefore, you need to go to the relevant local department to consult the procedures and information of the procedures.
The toothpick making machine is composed of different machines, and these machines are all customized, so after purchasing the toothpick making machine and paying for it, it also takes a period of time to produce, usually about 60 days. This time can be used to lease or purchase a production site
4. Leasing to buy a venue
The price of the venue varies greatly according to the location, because there will be a certain amount of noise in the production process of the toothpick making machine. All venues must choose places that do not have high noise requirements. At the same time, it is recommended to consider whether the site is close enough to the raw material production site when choosing a site, so as to avoid purchasing raw materials that are far away from the raw material production site and increase the cost of purchasing raw materials cost.