Bom Components is a business term used to describe the components, parts and materials that make up a product. It stands for Bill of Materials and covers the entire list of items needed to assemble, manufacture and service a product. In other words, Bom Components are the inventor’s dream- envisioning and creating the pieces that will come together to form something bigger, better, faster and more efficient. By understanding each part in the Bom Components process, entrepreneurs can create products that stand out from the competition and maximize their potential for success.