Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


A good time to buy a manufacturing business

A good time to buy a manufacturing business

The manufacturing sector has shown some good growth over the last 18 month. Some great Manufacturing Business opportunities are up for sale, but you still need to do your homework.

While this sector had some difficult times during the economic downturn, we are now seeing some strong businesses emerge. Many manufacturing businesses have had to streamline their processes, re-focus and reduce costs just to survive, and are now reaping the benefits for their efforts.

Recent reports show New Zealand manufacturing activity has now expanded for the 18th straight month in February, with signs the buoyant economy is creating jobs. "The latest index suggests the manufacturing sector's upswing remains well in force into the early stages of this year" says the BNZ - Business NZ.

"Niche manufacturing businesses are popular and don't hang around long" states Richard O’Brien, Director of NZ Business for Sale website, “If you're a smart operator, understand your market and specialise in your niche, there’s no reason you shouldn’t do well.”

While manufacturing has a number risks from being capital intense and high in people management it can also be very rewarding.

When looking at Manufacturing Business for Sale opportunities its important to; understand the business and the market. Know what’s needed for the business to work including; knowledge, skills, plant, patents, recipes, customer lists etc. as these will be needed for production and sales. It also pays to have some cash reserves to cover machinery break-downs, technology changes, lost contracts, or a slowing market. Where possible minimise the risks; use sub-contractors or lease plant. Consider what research and development you will need to invest in to keep ahead of the game.

Manufacturing is mostly about coordinating people, plant and resources to make things. Efficiency, focus and knowing your market are key in creating a thriving manufacturing business. By choosing a business you are passionate about and seeking sound advice, your new purchase should continue to flourish in this all-important sector.

For more information on Manufacturing Businesses for Sale check out


© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news