One of the main contributing factors to retailers and manufacturer’s profitability is manpower costs. To reduce manpower costs, companies have established factories in developing and third world countries where labour is cheap. Many companies though, have not reached that level. These businesses are usually small startups or cannot afford machines to automate their production tasks. One of the ways to lower their costs is to outsource non-critical tasks. Examples of these tasks are folding boxes from their pre-cut paper templates, assembling toys and artificial flowers, or fabricating small parts to be used in an end product.
This is a money-making business that you can carry out at home. This service usually doesn’t require special skills or knowledge – just the ability to understand simple instructions and obviously, deft and quick hands. You will approach factories or businesses that require manual assembly of parts or products. Once they agree to outsource the jobs to you, you will in turn pass these on to your workers. Workers for these types of jobs are plentiful. You could approach retirement homes, halfway houses or churches and ask if they’d like to give their residents the opportunity to earn some pocket money by doing your assembly work. Whether they come to your store or work in their homes is up to you. Rates can be negotiated on a piece-meal basis or project basis. Obviously if you have a wide network of such part-time workers, you can spread out the jobs to more people so you can fill your customers requirement quickly.
Taking assignments from several companies will keep you occupied year-round or if time is a factor for you, then you could limit yourself to specific brands. Depending on how large the assembly projects are, your requirements for space could be anywhere from a large kitchen table to your garage! If you have family members that can help out, your production rate obviously increases and so will your earnings.