Note: This post was originally published in November 2018 and has been completely revamped and updated for accuracy and comprehensiveness. Mexico has long been one of the most convenient and popular destinations for businesses looking to begin manufacturing in a nearshore, low-cost environment. However, nearshore manufacturing is not without risk. We at NovaLink believe that […]
nearshore
Outsourcing Manufacturing Options: Nearshore Manufacturing, Offshore. What’s the Difference?
Globalization has increased the number of options available to businesses when it comes to outsourcing manufacturing of their products. Depending on the company’s priorities and needs, companies can choose between nearshore, offshore, and onshore manufacturing. A company seeking to make an informed decision about their outsourcing manufacturing strategy must understand the differences between each of […]
The Biggest Lie Circulating in the Nearshore Industry, and How to Overcome It
What’s the one thing that most Nearshore professionals get wrong on a routine basis? Before revealing the answer, let’s take a step back and assess how one determines when a market has reached ‘saturation’. This is a word that has been thrown around to describe hot BPO markets like Nicaragua, Jamaica, Colombia, and even certain cities in Mexico. But […]
Despite International Entrepreneur Setbacks, Nearshore Businesses Forge Ahead on US Soil
Foreign entrepreneurs and startups with designs on the US took a hit recently with Trump’s postponement of Obama’s International Entrepreneur Rule, which was set to go into effect on July 17, 2017. Now, with the rule’s effective date set back until March 14, 2018, and noise about rescinding the rule entirely, the impact on entrepreneurs […]