Good-Guy
VIP Contributor
There are many people in my city who own their own factories. They are basically into manufacturing business and they own a good amount of space where they run their factories. There are basically many different kinds of factories. Some people actually kind of rent a space to start their own factory and some people buy lands to build factories there. Of course the amount of capital required to invest in a factory depends on how big or small the factory is. There are many small factories in my city and big factories as well.
However, apart from the size of the factory, the investment required to star a factory also depends on other crucial factors as well. For example, the amount of labor you need in a factory could also be a big factor because the more employees and workers you hire, the more expense you will need to manage and you will need to pay more people. This does not mean that you must have understaffed people. However, you must need to hire more people in case you own a big factory. The other important factor is the machinery used in the factory and how much expensive the machinery is. So, how much capital do you need to start a factory?
However, apart from the size of the factory, the investment required to star a factory also depends on other crucial factors as well. For example, the amount of labor you need in a factory could also be a big factor because the more employees and workers you hire, the more expense you will need to manage and you will need to pay more people. This does not mean that you must have understaffed people. However, you must need to hire more people in case you own a big factory. The other important factor is the machinery used in the factory and how much expensive the machinery is. So, how much capital do you need to start a factory?