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10-11-2010 #2
Tell me about it, I'm banging my head trying to go to market with my prototypes. I have proven designs for a proven & profitable market.
All I need is a helping hand to guide me through the remaining stages. I have the funding & I have the marketing but I DON'T have the knowledge of how to get the product manufactured & packaged.
At every stage of my project I have been quoted TOP $dollar for each service, I'm green but I'm not StOOpiD.
UK manufacturing Co's obviously don't need the work, I've been quoted 2x the market price for the raw material & up to 4x the going rate for CNC milling. A packaging Co' I approached wanted £7 per box (200of) for a simple 200mm X 100mm X 50mm carton.
If I can get a start, my business plan calls for a £500k turnover after 3yrs. If no one's prepared to manufacture my first qty' 200 at a price that will give me a 40% gross margin then it's not going to happen.
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