create account

Setting Up Shop by cryptoandcoffee

View this thread on: hive.blogpeakd.comecency.com
· @cryptoandcoffee ·
$8.03
Setting Up Shop
![the-fingers-are-pressing-the-start-push-button-royalty-free-image-1637684006 (1).jpg](https://files.peakd.com/file/peakd-hive/cryptoandcoffee/23tbHACavBd19hZeaf4bCvdG3WATbu47WG2tbF8H3kdNpqFBmyLALwrELHPjFAushSuXY.jpg)



[source](https://www.caranddriver.com/car-accessories/a38333182/push-start-kits/)

##  Quickest business set up I have ever done and will be up and running in less than 4 months from the time I was approached about the idea to manufacturing.




Things are moving at a million miles an hour since I agreed to start a manufacturing business last month. I knew they were desperate and have now informed me that orders are expected to be fulfilled starting from November. That is literally 2 months away and need to get to grips with this fast. Normally when you are chasing the clock the chances of making financial blunders are real and why I am making the calls tapping into the brains of others.

This morning I made some calls with my close contacts to see who knew what or who they knew with regard to the printing process required. 2 months is not that long and the time to learn is now so I am trying to understand why some companies outsource their printing and don't do it themselves. Common sense tells me there has to be a reason for this and until I know the figures I am not investing in setting up a printing section if it is not viable.

The other machinery required is industrial sewing machines and knowing nothing about sewing I have enlisted the help of a seamstress when buying the machines. I have calculated the numbers that need to be manufactured and divided by the hours revealing that I need 6 machines to start with which will eventually ramp up to 10.

So much for getting away with 3 or possibly 4 staff members as that won't work and why outsourcing the printing may be the answer as that would require another 2 or 3 people to run that as well. I need a few tailors as well and calculation they can do 6 an hour each achieving 100 per day which gives me my number of 2000 items per month. This is now looking more like a team of 15 minimum which is a far bigger operation than I had first envisioned. Unfortunately this is labor intensive where no corners can be cut and I don't understand enough yet which is the main problem.

As daunting as this may sound it is exciting at the same time with one eye on replicating the operation in Europe/UK hopefully next year. This is definitely going to be a huge learning curve on what is possible and will be fine tuning the operation once I see the numbers. This will take 6 months of production before any tweaking can start which will no doubt make it even more profitable.

Dealing with numbers is what I understand and know how to maximise production having done this for years in the past. When I first took over a facility they had over 100 staff producing 500 items per day and it was not cost effective. This took years of tweaking and when we closed the plant down we were peaking at 5000 items per day with around 50 staff. Numbers do not scare me and doing the job working with the team being hands on is how you understand where savings and increased productivity can be found. 

The timeline is what is the scary part now and nothing else due to knowing orders are already being placed for a product I have never made before. What could go wrong lol. Fingers crossed this will roll out smoothly and can be applied overseas.

Posted Using [LeoFinance Alpha](https://leofinance.io/@cryptoandcoffee/setting-up-shop)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 92 others
properties (23)
authorcryptoandcoffee
permlinksetting-up-shop
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@cryptoandcoffee/setting-up-shop","links":["https://files.peakd.com/file/peakd-hive/cryptoandcoffee/23tbHACavBd19hZeaf4bCvdG3WATbu47WG2tbF8H3kdNpqFBmyLALwrELHPjFAushSuXY.jpg)","https://www.caranddriver.com/car-accessories/a38333182/push-start-kits/)","https://leofinance.io/@cryptoandcoffee/setting-up-shop)"],"images":[]}
created2023-08-17 18:42:33
last_update2023-08-17 18:42:33
depth0
children6
last_payout2023-08-24 18:42:33
cashout_time1969-12-31 23:59:59
total_payout_value3.922 HBD
curator_payout_value4.106 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,521
author_reputation3,578,438,983,259,389
root_title"Setting Up Shop"
beneficiaries
0.
accountleofinance
weight500
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id126,352,199
net_rshares21,138,930,137,846
author_curate_reward""
vote details (156)
@beelzebubba ·
$0.05
Wow, this seems like a very big undertaking.  Are you at all concerned or have you "measured twice" to insure that things are going to run smoothly?   
👍  
properties (23)
authorbeelzebubba
permlinkre-cryptoandcoffee-rzksmg
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.7.1"}
created2023-08-18 07:25:30
last_update2023-08-18 07:25:30
depth1
children2
last_payout2023-08-25 07:25:30
cashout_time1969-12-31 23:59:59
total_payout_value0.027 HBD
curator_payout_value0.027 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length151
author_reputation572,963,210,405,722
root_title"Setting Up Shop"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id126,366,537
net_rshares144,542,796,454
author_curate_reward""
vote details (1)
@cryptoandcoffee ·
No there is very little risk with this and is basically taking over from a failed supplier who kept messing things up. The start up is not huge and is in the region of $7K and will be under $10K I think all in. The orders are there so it is not as though you have to go looking for the business as it is a needed business immediately. Normally you would worry about every detail, but to be honest there is no time for that and why it will most likely be a success. There is no over thinking happening and will just run with it solving whatever happens along the way. I am very relaxed and laid back with this project and it looks all good so far. When you see photos of what it is you will understand.   
properties (22)
authorcryptoandcoffee
permlinkre-beelzebubba-rzla4c
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.7.1"}
created2023-08-18 13:43:27
last_update2023-08-18 13:43:27
depth2
children1
last_payout2023-08-25 13:43:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length704
author_reputation3,578,438,983,259,389
root_title"Setting Up Shop"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id126,373,249
net_rshares0
@beelzebubba ·
well that all sounds like good news to me.  
properties (22)
authorbeelzebubba
permlinkre-cryptoandcoffee-rzm59f
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.7.1"}
created2023-08-19 00:56:03
last_update2023-08-19 00:56:03
depth3
children0
last_payout2023-08-26 00:56:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length44
author_reputation572,963,210,405,722
root_title"Setting Up Shop"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id126,389,855
net_rshares0
@mirroredspork ·
$0.06
Congratulations, man!  Keep on keepin on!
👍  
properties (23)
authormirroredspork
permlinkre-cryptoandcoffee-rzjuom
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.7.1"}
created2023-08-17 19:12:24
last_update2023-08-17 19:12:24
depth1
children0
last_payout2023-08-24 19:12:24
cashout_time1969-12-31 23:59:59
total_payout_value0.028 HBD
curator_payout_value0.028 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length41
author_reputation8,983,423,192,476
root_title"Setting Up Shop"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id126,352,940
net_rshares144,666,944,581
author_curate_reward""
vote details (1)
@zakludick ·
$0.11
Interesting! So are you on the concept/design side of things as well as the production side of the business?

You should let me know if you need any help with Health and Safety for the workplace!

Risk Assessments, development of SOP/SWP, staff training, compliance, etc
👍  
properties (23)
authorzakludick
permlinkre-cryptoandcoffee-2023817t214918174z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.36-vision","format":"markdown+html"}
created2023-08-17 19:49:18
last_update2023-08-17 19:49:18
depth1
children1
last_payout2023-08-24 19:49:18
cashout_time1969-12-31 23:59:59
total_payout_value0.056 HBD
curator_payout_value0.056 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length270
author_reputation424,312,894,701,217
root_title"Setting Up Shop"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id126,353,900
net_rshares289,959,412,213
author_curate_reward""
vote details (1)
@cryptoandcoffee ·
Yes I am doing it all including changing the range stealing ideas wherever I can. These are branded so I don't have full creativity and have to stick to certain specifications. The health and safety will fall under the other company in the warehouse and not something I will be even trying to do. My daughter is into that stuff as she did a human resource degree and has added other stuff since. 
👍  
properties (23)
authorcryptoandcoffee
permlinkre-zakludick-zwiegfxm
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@cryptoandcoffee/re-zakludick-zwiegfxm","isPoll":false,"pollOptions":{}}
created2023-08-17 20:39:54
last_update2023-08-17 20:39:54
depth2
children0
last_payout2023-08-24 20:39:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length396
author_reputation3,578,438,983,259,389
root_title"Setting Up Shop"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id126,354,990
net_rshares25,421,325,951
author_curate_reward""
vote details (1)