Hello everyone! My first draft of this was super long, so I'll try again and just get to the point
I'm looking at moving from my current manufacturer who I private label from, to another who DOESN'T private label and has volume discounts. For various reasons - cost, and lately communication has been poor from their side, a few mistakes and I'm no longer feeling they have my best interests at heart. They started out great though so it is disappointing.
I have 6 products. They are great quality and match my brand, which I've worked really hard at building. At least 4 of them are selling well.
Questions: Is it possible to send the products to a research chemist to reverse engineer so I can get the formulas, then give this formula to another manufacturer (I will then own it)?
Or am I better to let the 'new' manufacturer also do this (one I'm looking at has a 'leasing option' for the formula, which would really help with cost right now)
2 of the products are very simple - salicylic acid, alcohol and water. The other is glycolic acid and water. Does this even need to be reverse engineered as I know the pH and percentage?
Oh, and in terms of my current manufacturer, is there any legal thing I should be aware of? In other words, is it actually ok to take the products and move to another manufacturer in the hope getting the same (same enough) products, that they originally made? I never signed a contract with them. Can they get angry, annoyed or sue?
Well that still wasn't too brief, but I hope I made it clear enough. Thank you!!