What are SKU (Stock-Keeping Unit) and UPC (Universal Product Code) numbers and how do I obtain them?
An SKU is unique number assigned by the store, it’s their way to track sales of inventory. A UPC code and account are assigned by an independent company; they give you an account plus a bank of numbers unique to your product. If you’re just starting out, though, the co-packer may let you use a variation of their existing UPC account on your product. Q: Is it OK to take orders and then manufacture product to meet demand — or do I need stock on hand? A: Having your product pre-sold is the manufacturer’s holy grail, although it’s difficult to imagine a start-up enjoying that luxury. However, legitimate purchase orders can be used as collateral to borrow money against for funding. Q: My sauce is made from all-natural ingredients. Do I need to add a preservative when making commercial quantities? A: No, it’s not always necessary, but there’s more to it than meets the eye. Some retailers (such as Whole Foods) only carry so-called “clean” products (preservative-free). Add even with a tiny dro