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Checklist for the pros and cons of in-house manufacturing.
At Tony Dicker we can provide businesses in the Bristol 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 Bristol area and are looking for support and help from experienced accountants and business advisers, contact Tony Dicker.
26 Feb 2021
Small and medium-sized enterprises (SMEs) requiring advice on imports and exports will be able to apply for a grant of up to £2,000, HMRC has confirmed.
25 Feb 2021
Over half a million businesses that deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay it in smaller monthly instalments, HMRC has announced.
24 Feb 2021
Self assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April, HMRC has announced.