Get expert estimations on how much it will cost to set up your new factory.
Factory setup costs can vary by large amounts, depending on what you are going to produce, how much you plan to produce, what your growth projections are and what systems you want to put in place.
However, we have compiled an easy-to-use cost calculator to garner a rough estimate of how much it will cost to set up your new factory.
What is included in this calculator?
1. Capital investments required
The specific capital investments needed and how much it will cost you yearly and in total. This will allow you to make a fair comparison of the costs of equipment and depreciation with the net cash flow. When inputting the calculations, keep in mind that:
- The equipment list can be changed to a specific item instead of its current generic form.
- For each piece of equipment, inputting the number of operators and the yearly salary of the area will give an estimate of the total manpower costs to run that equipment and contribute to the overall costs
2. Support staff necessary
What specific staff you will need to hire and how much it will cost you. This will vary depending on the location.
3. Rent per square foot
This is an estimate of the size and yearly rental cost per square foot.
4. Utility costs
Estimates on how much you will need to spend on electricity, water and gas bills. These are estimates based on previous experience. The numbers may vary greatly depending on the type of product.
After inputting all the necessary figures, the calculator will provide you with the total estimated cost to start the facility and run it for 1 year.
To download this exclusive factory cost calculator, fill out the form and click 'Download Now.' The spreadsheet calculator will be sent to your email shortly.
