Should you buy in or manufacture materials?

At Connected Accounting we can provide businesses in the St Albans area with assistance and advice on a wide range of business issues. The following checklist might help when deciding whether to buy in materials or manufacture them yourself...

Sometimes, manufacturers have difficulty in deciding whether to manufacture materials for a finished product in-house or to buy them in from outside.

Although the principal consideration is financial, there are also other factors that need to be weighed.

The following checklist will help you focus on the most important factors:

Every 'Yes' answer is a case for manufacturing in-house.

If you are in the St Albans area and are looking for support and help from experienced accountants and business advisers, contact Connected Accounting.