Dear Deborah,
Thank you for your question and subscription.
The best way to make sure that the company or people you will be
contracting your manufacturing is to really go there and see their facilities.
However, this may not always be possible and you have to rely on whatever
information you can get your hands on.
At this instance, you may have to ask them to provide you a verifiable set
of information. This may consist of pictures of their facility, the number of
people they employ, their bank references, their customers' references and
their management team. You should also ask for copies of their previous
contracts and shipments to their other customers.
Once they provide you with these information, it is important that you call
their references to get first-hand information on how they operate. Ask them
how it is like working with the company, whether they had a pleasant
experience, what problems cropped up during the business relationship, how
were these problems resolved, etc. This way, you can also check on their
history of fulfilling contracts and whether they are able to deliver on time
as contracted. Many sub-contractors fail to fulfill deliveries on schedule and
this can affect your own marketing program. This one you have to make sure.
Note that if you have doubts about their references (some unscrupulous
business people have "shrills" to provide only good testimonials for
them") it is better to ask for at least three different references.
Unfortunately, since the company you plan to hire is located in Mexico, you
will not be able to get third party information from the Better Business
Bureau or Dun and Bradstreet. However, you can check with Mexican trade
authorities if they have a service similar to BBB.
Good luck!
About
the PowerHomeBiz.com Guide:
Nach Maravilla is
the Publisher of Power Homebiz Guides. He has over thirty years
experience in sales and marketing of various products, which
covered as he jokingly describes, "from toothpicks to
airplanes" He also had extensive experience in
International trading and he always excelled in special promotional
ideas for retail outlets.
The opinions expressed in this column are
those of the author, not of PowerHomeBiz.com.
Users
should not treat the Guide's response as legal, accounting, or
professional advice as all answers are intended to be general in
nature. Such advice can only be properly given by qualified
professionals who are fully aware of a user's specific geographical areas or circumstances, such
as
an attorney or accountant.