Manufacturing on a Small Scale: 3 Practical Ideas to Consider

by Alex Feldman

August 29, 2019

Industrial manufacturing is a core level business, and depending on what you are manufacturing as well as the scale of your operations, the budget will differ quite a bit. That being said, it isn’t that difficult to start a manufacturing business with a relatively low budget either, as long as it’s a small-scale production unit. Today, we are going to discuss a few ideas that are perfect if you are looking to get into the small-scale manufacturing industry.

The Toy Business

Do kids even play with toys anymore these days? Well, the answer depends on your target age group, because it’s true that some children are not as interested in board games or action figures as they used to be back in the day. Smartphones, video game consoles and PCs have mostly replaced traditional toys!

Nevertheless, the below-five age group is still suited for appropriate toys and that’s likely never going to change! Soft toys and dolls are not just less costly to manufacture, but there is actually a huge market in the US for safe, handcrafted, limited edition toys.

Manufacturing Tech Accessories

As a small tech accessory manufacturer, you are not competing with the booming smartphone industry, but simply taking advantage of the boom by making third-party accessories for any one or multiple electronic consumer products.

This used to be quite difficult, as bigger suppliers would not deal with small businesses and their comparatively smaller orders, but thanks to Octopart, this is no longer a problem.

All you need to do is go to Octopart, search for the electronics you need and you will be connected to hundreds of distributors and thousands of manufacturers around the globe.

As far as the products are concerned, they could be custom made mechanical keyboards, UPS units, third-party chargers, wireless/wired headphones, fitness trackers, various types of cables, adapters, covers, battery packs, augmentative accessories and so much more. There are no limits here, but your choice of products should be based on market research and designed to cater to the needs of your target audience.

Carpentry/Woodwork

This one is also a relatively low-budget business area, but the demand is high because it involves skill. Even if you do not have it yourself, you can hire a few skilled carpenters and start your own carpentry business. Furniture is the obvious choice, but there is also plenty of room for decorative woodwork as well.

Wood is being largely replaced by artificial materials that do not affect the environment, which is always good to hear, and contrary to popular belief, it doesn’t hurt the carpentry business at all. All you need to do is switch the material from natural wood to composite, and you will have more than your share of work to handle.

Whichever idea you choose, just make sure that you start small and test out your idea before rushing into full-scale manufacturing. This generally applies to all businesses from those that are on a strict budget to multibillion dollar conglomerates.