No offense taken here Maryann. It's great to have input from you and Jerome. You touched on one big issue for me. That is, so far all I have agreed to do is a "prototype" that will be priced as I would normally price. I'll make money on it. I've also agreed to develop a "production" quote for 500 or so units. Do I really want to produce 500 pieces of anything, even if the job is profitable? Probably not directly.
As Jerome's numbers show, this can't profitably be done at my client's preferred price point unless you are "manufacturing" in a developing country where wages amount to dollars per month, not per hour. Still, there are shops in this country that do production work. Look at the stamp sets in the post office. I look at them and wonder how anyone can make them here and make money. They do.
I don't think I want to be a full time production operation, but I would like to give my client a realistic option for getting his work done in the USA. If I could figure out how I could make some money from the project, that would be acceptable to me.
This client is very successful in his various ventures. He is convinced this product will sell, but not at any price. I'm sure he will take the info I provide and the prototype and decide whether it can be manufactured here or overseas.
He would be tickled if he goes forward with the project and can put a made in the usa sticker on the box.