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Electrical Engineering/Toy Manufacturing Business.

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Question
Dear Prof Cleggsan

en.wikipedia.org/wiki/Toy

What will be the investment capital required to start a Toy Manufacturing Business ?.

Toys manufactured will be for children ages from 2 years to 8 years.
Toys manufactured will be of both the categories i.e. Mechanical as well as electro-mechanical type.

Awaiting your reply,

Thanks & Regards,
Prashant S Akerkar

Answer
Such an open ended question!  The investment required will depend on the products being manufactured, the quantity being planned, the amount of tooling necessary, level of automation anticipated, manufacturing space needed.  And so on.

Most toys now days are manufactured in relatively high volumes in factories with a relatively high level of automation.  The process of sourcing materials and parts, warehousing and shipping facilities require intensive investments.

Many toy companies use third party contract manufacturers to produce the product; the investment costs are buried into the price negotiation with the third party producer.

It is a pretty complicated business and requires extensive investigation and planning.

A staff electrical engineer could help you with equipment choices and factory layout were you to proceed with your idea.  Market research may lead you to understand the complexity of such a business plan and the treachery of the competition for the children toy business.  

Electrical Engineering

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cleggsan

Expertise

All technical areas of Electronics Engineering.

Experience

BSEE, MBA, Design, R&D, University Research.
Senior Life Member of IEEE. Life Fellow of AES.

Organizations
IEEE, Consumer Electronics Society, Audio Engineering Society.
Broad teaching experience; work experience mostly in consumer electronics and conversion from analog to digital technologies. Pioneer in digital audio at all levels.

Education/Credentials
BSEE (Equiv) BYU BSEE University of North Dakota MSBA (MBA) Illinois State University Graduate Studies in Computer Science - Bradley University Graduate Studies - Ohio University Graduate Studies - University of Missouri Kansas City DeVry Tech - Electronics

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