Founders and investors need financial models that are transparent and easy to understand. The most common mistake in financial models, for new ventures, is a failure to adequately show the inputs that drive the model.
Recent reports have quoted China’s minimum wage being on the rise, thus increasing labor costs for companies that have chosen to manufacture there. With this increase, who will be the next emerging market?
Wisconsin has been home to many well-known companies such Harley-Davidson motorcycles, and Miller brewing. As such, it is actually a good barometer for the state of manufacturing in the U.S. and the progress of the healing economy.
In today’s economic environment, failure to perform a competitive analysis prior to entering a new market could mean the death for your manufacturing business. Here’s 5 questions to always ask.