Understanding the Two Types of Small Scale Production
11.03.2025Small-scale production is the backbone of many economies, and it comes in two primary forms: home-based and workshop production. Home-based production typically involves individuals or families creating products in their own homes, often with minimal investment and equipment. Workshop production, on the other hand, involves a bit more structure and often includes small teams working together in a more formal setting. Both types are crucial for entrepreneurship, offering unique benefits and challenges. Understanding their differences can help aspiring manufacturers choose the best approach for their skills and resources.