Run for the Border
Domestics too costly? Look into foreign manufacturing.
By Don Debelak •
Opinions expressed by Entrepreneur contributors are their own.
Inventors are often unable to get their products to marketbecause they can't produce them at a low enough cost. As aresult, they face three unappealing choices: Sell the product forno profit, price it above what the market will bear, or abandon theidea.
If you're thinking there must be a better way, there is-findsomeone to manufacture your product for less money. Sometimesinventors try to set up deals with U.S. manufacturers to make theproduct for the least amount possible. But when that avenue fails,take heart: It just might pay to set your sights overseas-and hirea foreign manufacturer instead.
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