Answer to Question #176721 in Management for Stephen

Question

 Make up a business that you own in Canada

 It must be a product that you are manufacturing here in Canada

 It could be anything from soap, to shoes, to computers, to cars

 You decide and make it up

 Tell me the name of the company

 What the product is

 How much revenue do you earn

 Everything you can about the company

 Now you will tell me about how you will sell this product into another country

 You will tell me why this product is needed in another country that you are selling to

 I need to know why you are selling your product to a country and why that country is benefitting

from it

 You also need to tell me where you are buying your raw materials

 How you are manufacturing those raw materials into the finished good

 And most importantly: HOW YOU WILL TRANSPORT THAT FINISHED GOOD FROM CANADA TO

THE DESTINATION COUNTRY

 I want to know all the modes of transportation and cities that it will be picked up from, and how

it will be shipped directly to the city in the destination country

Answer 1

A toy manufacturing company is ideal for Canadian market. Few legal formalities are required and ready markets that leads to high revenues. The raw materials and transportation are locally sources. Toys are relatively small and can be made with any number of materials. So they can be great products for small manufacturing businesses to focus on.