You are still forward thinking with this plan.
First of all
You have to realize
that in business nowadays there is a chain of "raw materials - manufacturers (processors) - wholesalers - distributors - wholesalers - retailers. -agents - wholesalers - retailers - customers" Obviously, the first thing you need to do is to solve the raw material problem. The problem is steel or stainless steel and other raw materials.
Site selection
I don't know what city you are focusing on, but if the factory in the raw material gathering place, the other is not to consider, first of all, your raw material freight can save a lot of, and secondly, the price problem, the raw material gathering place, the raw material is certainly cheaper than other areas, which is conducive to your
pricing advantage
, more conducive to your market when you do the market.
This is the best way to make the market more conducive to your
price war
Of course, it is best to do the factory in the remote area near the highway, so that the rent will be
cheaper
Employee problem:
I don't know how much start-up capital you have, and I haven't done business in this area, so I can only tell you some of my experience in hiring employees.
The first thing to do is to hire you a better accountant, which will be great later on regarding taxes. The other thing is to realize that you can only get penny-pinching staff for pennies, so the professionalism of your staff in the beginning
depends
on how much start-up capital you have.
Raw material purchase:
Factory just run, take the price of raw materials must be higher, this is undoubtedly, if you have relatives are doing steel or raw materials business, you are lucky, basically water to the drain.
If you do not have relatives in this regard, it is best to do up the customer, and then have the volume, only to discuss the raw material price chips.
What else? It seems that these points are more important.
The above personal opinion, have the opportunity to talk about.