Aerospace
Boyd can prepare a custom Aerospace Industry BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Medical Devices & Supplies
Boyd can prepare a custom Medical Devices & Supplies Industry BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Motor Vehicle Parts & Equipment
Boyd can prepare a custom Motor Vehicle Parts & Equipment Industry BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Information Technology
Boyd can prepare a custom Information Technology BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Corporate Headquarters
Boyd can prepare a custom Corporate Headquarters BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Contact Center
Boyd can prepare a custom Contact Center Industry BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Distribution Warehousing
Boyd can prepare a custom Distribution Warehousing Industry BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Back Office
Boyd can prepare a custom Back Office BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Pharmaceutical
Boyd can prepare a custom Pharmaceutical Industry BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.Food Processing
Boyd can prepare a custom Food Processing Industry BizCosts® Report scaled your specific project and to U.S. and off-shore locations of your choice.
What is a Custom BizCosts® Report?
Simply put, a custom BizCosts® Report is the counterpart of a cost-of-living report. A BizCosts® Report measures the comparative cost of doing business for a specific industry or distinct corporate function in a series of different geographic locations. The focus of a custom BizCosts® Report can be a specific industry or industry group (plastics, aerospace, distribution warehousing pharma, motor vehicle parts, e.g.) or a particular corporate function (headquarters, back office, R&D, e-commerce, I.T., customer service, e.g.).
What Costs are Included in a Custom BizCosts® Report?
Business operating costs included in a custom BizCosts® Report are termed geographically-variable, that is to say, those operating costs that vary significantly by geography. Depending on the BizCosts® Report, these geographically-variable business costs may include:
- Labor Costs (Industry-Specific Job Titles Including Benefits)
- Construction Costs (Office, Manufacturing, Distribution, & Research)
- Lease Costs (Industrial, Class-A Office, Class-B Office, Warehouse, & Research)
- Utilities (Telecommunications, Electric Power, & Natural Gas)
- Shipping Costs
- Property Taxes
- Sales Taxes
- Land Costs (Industrial, Commercial, Office, & Research)
- Financing & Amortization Costs
- Travel Costs (On-Site & Air Travel)
- Other Costs (That Impact the Site Selection Process & Dictate Industry-wide Competitiveness)
What is the Source of the BizCosts® Data? Are Custom BizCosts® Expensive?
Distinguishing custom BizCosts® Report is the fact that they are grounded in empirical field research conducted in candidate cities and draw from The Boyd Company’s five decades of corporate site selection casework and client cost-positioning. Feedback from Boyd clients in the field and other reliable third-party sources further augment the BizCosts® proprietary data bank.
The cost of a custom BizCosts® Report is based on the number of surveyed locations - U.S. or global - industry sector and start-up modeling. Given our ready access to data, turnaround times are short and our fees are much less than the cost of assigning your own research staff. Savings in determining the most cost-efficient location justify BizCosts® fees many times over. On average, the cost of a custom BizCosts® Report ranges from $1,700 to $2,200 for each surveyed location, plus a start-up consultation and modeling fee of $600.
How is the BizCosts® Data Presented?
Operating costs in a custom BizCosts® Report are annualized and scaled to the client’s model plant, office or warehouse. The factor-by-factor format of the cost exhibits easily allows the client to further tailor the BizCosts® data to reflect alternate scales of operation and growth expectations. When off-shore locations are included, costs are presented in U.S. dollars at prevailing exchange rates.
What Comparative Locations Can Be Included in a Custom BizCosts® Report?
Both U.S. and international comparative cities can be included in each custom BizCosts® Report based on the client’s specific research and planning needs.
Sample Custom BizCosts® Report
Shown below are the factor-by-factor cost exhibits typically included in a custom BizCosts® Report. Click on each to review.