You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Checklist for the pros and cons of in-house manufacturing.
At Simpson Wreford LLP we can provide businesses in the Royal Arsenal area with assistance and advice on a wide range of business issues. The following checklist might help when deciding whether to buy in materials or manufacture them yourself...
Sometimes, manufacturers have difficulty in deciding whether to manufacture materials for a finished product in-house or to buy them in from outside.
Although the principal consideration is financial, there are also other factors that need to be weighed.
The following checklist will help you focus on the most important factors:
Every 'Yes' answer is a case for manufacturing in-house.
If you are in the Royal Arsenal area and are looking for support and help from experienced accountants and business advisers, contact Simpson Wreford LLP.
14 Jan 2025
Prime Minister Keir Starmer has indicated that the government intends to use Artificial Intelligence (AI) to help boost UK growth.
13 Jan 2025
The Chartered Institute of Taxation (CIOT) is calling on the government to address unfair tax rules as interest rates on late payments rise.
10 Jan 2025
A survey carried out by the Confederation of British Industry (CBI) has revealed that optimism in the UK financial services sector fell at its quickest pace since September 2022.
09 Jan 2025
A survey carried out by the Federation of Small Businesses (FSB) has suggested that nine in ten small employers have concerns about measures included in the Employment Rights Bill.
08 Jan 2025
Data published by the British Chambers of Commerce (BCC) has revealed that 63% of businesses are concerned about tax hikes, including the rise in employers' National Insurance Contributions (NICs).
07 Jan 2025
With less than a month to go, 5.4 million taxpayers still need to complete their self assessment tax return to avoid penalties, HMRC has warned.
06 Jan 2025
Business leader optimism rose slightly in December but remains at a low point, according to the Institute of Directors' (IoD) latest Economic Confidence Index.
03 Jan 2025
The need for the UK government to reset trade relations with the EU is increasing, according to a report from the British Chambers of Commerce (BCC).
Get in touch with us today for a free consultation.