Mexico's Manufacturing Cost Estimation
Start manufacturing in mexico
For years Mexico has been a great place for foreigners to establish a business. Some do it to take advantage of the highly skilled workforce to lower labor costs and gain a competitive edge and some to take advantage of the 46 trade agreements to which the country is subscribed and lower tariff costs.
At Start-ops we can help you asses the costs of expanding your operation to Mexico.
Manufacturing cost estimation
A large capital project, like starting a manufacturing company in Mexico, needs to bee thoroughly analyzed. Mistakes in this type of projects can be costly and hard to reverse.
In order to asses the costs of your manufacturing operation you need accurate information about Mexico and its current operating costs. Plus, there may be compliance, like permits and licenses that need to be taken into account. Things like wages, benefits, salaries, utilities, logistics change over time, which makes this a challenging task unless you have up-to-date information.
At Start-ops, we help you every step of the way and make sure that the process is easy and effortless for you. We can help you make a sound cost estimation for your manufacturing entity in Mexico.
With our expertise in doing business in Mexico and its legal system, you can rest assure that every cost of your nearshore operation venture will be soundly assessed and in full compliance with Mexican policies.
“The freer the competition of any division of labor, the more advantageous to the public.”
plan of action
Costs in Mexico are not easy to asses. They change by region and, some, even by municipality or neighborhood. What you need is to have a comprehensive picture of each and every cost you may incur in your venture
For this reason it is a good idea to have an on-site partner like Start-ops to help you get things done. So, what’s the plan? Well, we have distilled it to just three simple steps for you to have an overall view of your total operation cost.
We have an input costs meeting
The first step is to understand your business and its expansion needs. We will have an initial virtual meeting with your team to gather all of the information recquired.
Once we know the inputs of your operation, we start researching its Mexican cost. Our expertise and network makes this part effortless and fast.
We model & forecast
We create a costs forecast with input variables to create `What If’ Scenarios. This gives you and your team the tools to compare your operation in Mexico with any other country.
We want to see you succeed.
At Start-ops we care about each of our clients and we always strive for long-term relationships.