Nanomanufacturing business activities can be broadly categorized into three types: i. scaled-up production of nanomaterials such as carbon nanotubes, nanowires, and quantum dots; ii. production of tangible goods using nanomaterials; and iii. production of one-of-a-kind nanosystems. Like any other form of manufacturing, nanomanufacturing begins with the concept of a product and market analysis to project business volume, and goes through the following four steps: drafting and design, prototype development, tools development, and industrialization. The last step involves acquisition of capital and equipment, selection and optimization of processes, specifications of raw materials, selection of vendors, management of actual production operation, measurement and quality assurance, and warranty claims leading to changes of design and/or processes which requires the entire sequence of activities to be under constant monitoring and control.