How to Choose a Manufacturing Partner: Key Questions to Ask
Choosing the right manufacturing partner is critical for any entrepreneur, especially in the health and beauty sector. With the industry’s projected growth particularly within the beauty segment — which is expected to reach $758.4 billion by 2025 (FasterCapital, 2024) — selecting a partner who aligns with your vision and needs can significantly impact your success. Here are key questions to guide you in selecting the ideal manufacturing partner: What are their Manufacturing Capabilities? Understanding the potential partner’s manufacturing capabilities is vital. You should inquire about their production scale, minimum order quantity (MOQs) and maximum output. For instance, AYO Labs offers scalable manufacturing capabilities starting at just 250 units, and the ability to produce up to 2 million units per month. This allows brands of all sizes — whether you’re a start-up or a company generating $500 million in revenue — to find a solution that fits your needs. 2. How do ...