Immediate GMP Compliance for Dietary Supplements - What is the price of Compliance?

The FDA calculated the cost of Good Manufacturing Practices (GMP) whenever they first drafted the Dietary Supplement Health and Education Act (DSHEA). Dietary product GMP regulations, located in the Federal Register, cover everything estimated costs, associated with compliance, that a company will incur depending on small business size. The FDA estimated that altogether nutritional supplement makers would invest 56,000 hours as a one-time burden in creation of written procedures. Additionally, flat belly banana smoothie (visit my website) 930,000 hours was estimated as the sum total for those companies to conduct proper record keeping. The FDA then used this data to estimate the economic impact for various sized companies.

Cost per Establishment by Size

Little Establishments (Less than twenty employees with annual revenue under $1M)

Little Establishments

Set up Costs = $26,000

Annual Costs = $46,000

Moderate Establishments (20 - 500 employees with annual earnings of $5M - $10M)

Medium Establishments

Set up Costs = $20,000

Annual Costs = $184,000

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