Web
Gatorz.com is a premium source for High quality Low
cost HTML website template customization service.
We have an extensive collection of web templates
(8000+).
Thank
you very much for the work that
you have done on our website. We
are very pleased that we now have
a very professional looking website
at a very reasonable cost. I also
liked the way you worked as you
were very responsive and friendly
in all your dealings with us.
Mike
Higgins
Partner
Fusion
Corporate Finance
Independent
Corporate Finance Advice For Acquisitions,
Company Sales, Management Buyouts,
Management Buyins and Fundraising.
Specialism In Venture Capital and
Private Equity and Business Valuation
Many
thanks to 2Brothershosting / Webgatorz
for a job well done! By sheer luck we
were recomended by a friend, & on
that note put our trust in them. we were
amaized by the quality, & value for
money. I only gave Chris@2Brothershostings
a few surgestions of what our requirements
were, and he did so much more which has
made our website what it is today. Do
bare in mind we are a new company on a
budget, just imagine what they could do
for you, & your buisness! Take a few
minutes of your time to look threw our
website, & judge it for yourself.
We
were quoted by one company £11,000 for the website we wanted, I know it's
a big website, but I just about fell over.
But then WebGatorz gave me a quote of
just £1,040.
I don't have to tell you, who we went
with.
Many
thanks again for your cooperation and input,
keep up the good work. I feel you will do
well at this web site stuff. Because your
prices and quality are far better than anybody
else.
.
MAKE IT YOURSELF OR FIND A CONTRACT MANUFACTURER
. STRIKE A CASH BUY-OUT ARRANGEMENT WITH A MANUFACTURER
. ENTER INTO ONE OR MORE LICENSING AGREEMENTS
IN-HOUSE OR CONTRACT MANUFACTURING
OVERVIEW
Under the in-house manufacturing approach, you set
up your own system for producing and distributing
your product. You are responsible for obtaining whatever
raw materials are required for production, you hire
workers if necessary, locate wholesalers to handle
your product, provide advertising and marketing support
etc. Under the contract manufacturing approach, you
pay an existing manufacturing company to produce your
product. You are still responsible for all the other
activities down the distribution chain, just as if
you were doing the production yourself.
ADVANTAGES
• All profits and/ or royalties earned from
the product will accrue to you. You will not have
to pay any services fees or commissions to an agent.
• You retain complete control over the development
and marketing of your product.
DISADVANTAGES
Bringing a new product to the marketplace is typically
a very expensive undertaking. It can also be time-consuming
and a frustrating activity, especially if it’s something
you have never done before. Become familiar with the
intricacies of developing, manufacturing, distributing
and marketing new products, which is usually only
achieved at the expense of some often costly mistakes.
Development costs can often run quite high and there
is no guarantee you will ever recover your investment,
let alone make a profit.
In addition to the developmental costs, there are
also costs involved with starting up the manufacturing
process—which may involve obtaining plant space and
equipment and hiring production workers—plus the costs
associated with distribution and promotion of the
new product.
Unless you have a substantial amount of your own capital
to risk on this endeavour, you are likely to need
outside investment money, generally from a source
such as a venture capital group. If so, you will have
to consider the following possible disadvantages,
most of which work to offset some of the advantages
listed above:
• Prospective investors are often unreceptive
when approached by independent investor marketers,
generally because of the lack of professionalism in
most such presentations. Few inventors possess both
the spark to conceive new product ideas and the marketing
skills required to make a convincing pitch to investors.
• If you do find investors, you will have to give
up some degree of control over the development of
your product. In many cases, the investors call most
of the shots and the inventor has little say in what
happens.
• Investment money has to be repaid, whether
or not the product succeeds, so you may be risking
your personal finances by entering into such an arrangement.
Investors require interest on the money they
put up and often take a percentage of the profits
as well. Thus you are incurring an additional expense
and, quite often, will also have to give up some portion
of the profits your product generates.
• Potential investors may also have concerns as to
whether a product’s legal aspects have been properly
reviewed and if the product is patentable.
A major concern today, especially given the litigious
nature of our society, is product liability. Consumers
are inclined to sue manufacturers at an ever-increasing
rate and juries have handed up some significant punitive
and compensatory awards for seemingly minor injuries.
Those who manufacture their products themselves, or
have their products manufactured on a contract basis,
can be exposed to such liability and typically protect
themselves by purchasing product liability insurance.
This represents an additional cost and, depending
on the nature of the product and its potential to
injure users, can be a substantial expense.
Cash buy-outs and licensing arrangements usually shift
the liability exposure and insurance cost from the
inventor to the manufacturer
