As a contract manufacturing [...]

A few decades ago, an economic down-turn was more than likely to be confined to a certain country or region. Now, in part due to technological advances in the transportation industry, the world has shrunk, and we find ourselves linked more rigidly to the economies of many other countries. Surviving in this environment (we can do little to change) is a challenge with which many small business owners are struggling. Certainly, hourly rates in other countries are often only a fraction of what [...]