What are the fundamental differences between a manufactory and a craft workshop?

Craftsmen made goods themselves, often it was made to order. There was no specific production cycle. But as for the manufactory, everything is much simpler here. The fundamental difference was that there was a division of labor in the manufacture, and there was a production cycle. Someone painted, someone collected, someone else did something. Manufacturing is characterized by the presence of hired workers, which was not typical of a craft workshop. Manufacturing marked the transition from feudalism to capitalism.