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Paladin
Nomad
Posts: 164
Registered: 3-25-2006
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Business in baja
I've been thinking (dangerous) about opening a business in Baja Sur...
Id appreciate any thoughts the experts have out there
My intial thoughts are that..............................
#1 Form a Mexican Corp
#2 partner up with a Mexican citizen
#3 The business would involve a number of vehicles, probably pick ups
#4 Is there any particular problem in bring in a lot of autos???
#5 Would it be better to have a local car dealer bring them in and then sell to my business?
#6 Is there an age limit on how old the vehicles can be??
Thanks
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
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Mood: A lot cooler than Mulege
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#1 is not necessary until you are making over 2,000,000.00 pesos a year.
#2 forget it
#3 for your business they should be Mexican plated cars.
#4 no but you should import them for use in your business.
#5 yes or just buy them in T.J.
#6 yes they cant be to new or to old.
this is my opinion only
Bruce R Leech
Ensenada
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comitan
Ultra Nomad
Posts: 4177
Registered: 3-27-2004
Location: La Paz
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Good opinion Bruce
The vehicles would have to be more than 5yrs old to import. If you wanted to buy newer you could always buy them from a Mexican dealer.
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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comitan
Ultra Nomad
Posts: 4177
Registered: 3-27-2004
Location: La Paz
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102
Bruce has 1 or more businesses in Mexico I think he is qualified to give an opinion, and I have imported 3 vehicles into Mexico and know something of
the importation rules.
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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Al G
Ultra Nomad
Posts: 2647
Registered: 12-19-2004
Location: Todos Santos/Full time for now...
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Mood: Wondering what is next???
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| Quote: | Originally posted by freaking102
This message board is 99% gringos. Suggest you look for advice from Mexicans. |
I think your are way wrong, not to mention mexicans (non official) will not know anyway. They do not deal with this issue.
Albert G
Remember, if you haven\'t got a smile on your face and laughter in your heart, then you are just a sour old fart!....
The most precious thing we have is life, yet it has absolutely no trade-in value.
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
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Mood: A lot cooler than Mulege
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it is so deferent for a foreigner to start a business here in Mexico that I doubt that they can give you much advice on the subjects you listed that
would do you much good. but I always listen to all advice you learn something from everyone you meet if you are a good listener and ask a few
questions.
Bruce R Leech
Ensenada
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
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| Quote: | Originally posted by Paladin
I've been thinking (dangerous) about opening a business in Baja Sur...
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The fact that you would consider it dangerous tells me that you wouldn't feel comfortable in losing your investment. Is this something you need to do?
If so, Mexico ain't the place.
My advice would be to find a mentor, preferably someone near you, pick his/her brain, study every angle leaving no stone unturned and then, after
careful deliberation, if you still decide to proceed...DON'T.
Mexico does not offer foreigners a level playing field.
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
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Mood: A lot cooler than Mulege
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very good advice Dave I agree 100 %. if you are thinking about having a business here because you think it will be easier or less problems than the Us
or Canada then you better do a whole lot more checking. Dave has a very good Business and I know it wasn't easy for him.
Bruce R Leech
Ensenada
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fdt
Ultra Nomad
Posts: 4059
Registered: 9-7-2003
Location: Tijuana, Baja California
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Mood: Yeah, what if it all goes right
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???????
| Quote: | Originally posted by Al G
[I think your are way wrong, not to mention mexicans (non official) will not know anyway. They do not deal with this issue. |
So mexicans know nothing about business?
I sure hope paladin does'nt listen to your advise. You mi amigo, IMHMO, are of very low intelect!
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fdt
Ultra Nomad
Posts: 4059
Registered: 9-7-2003
Location: Tijuana, Baja California
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Mood: Yeah, what if it all goes right
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| Quote: | Originally posted by Dave
| Quote: | Originally posted by Paladin
I've been thinking (dangerous) about opening a business in Baja Sur...
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The fact that you would consider it dangerous tells me that you wouldn't feel comfortable in losing your investment. Is this something you need to do?
If so, Mexico ain't the place.
My advice would be to find a mentor, preferably someone near you, pick his/her brain, study every angle leaving no stone unturned and then, after
careful deliberation, if you still decide to proceed...DON'T.
Mexico does not offer foreigners a level playing field. |
I think he was joking about the thinking part only.
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Debra
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Location: Port Orchard Wa./Bahia de Los Angeles BC
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Dave, I think he what he meant by "dangerous" was him "thinking" I could be wrong, but, sounds like something I would say. Just the way he put it,
I took it that way. I think he was making a joke.
Mean people suck!
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fdt
Ultra Nomad
Posts: 4059
Registered: 9-7-2003
Location: Tijuana, Baja California
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Mood: Yeah, what if it all goes right
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| Quote: | Originally posted by Paladin
I've been thinking (dangerous) about opening a business in Baja Sur...
Id appreciate any thoughts the experts have out there
My intial thoughts are that..............................
#1 Form a Mexican Corp
#2 partner up with a Mexican citizen
#3 The business would involve a number of vehicles, probably pick ups
#4 Is there any particular problem in bring in a lot of autos???
#5 Would it be better to have a local car dealer bring them in and then sell to my business?
#6 Is there an age limit on how old the vehicles can be??
Thanks |
You can u2u me or email fernadetijuana@hotmail.com , with a few more details I could probably help you or be able to guide you.
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
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Mood: A lot cooler than Mulege
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| Quote: | Originally posted by Debra
Dave, I think he what he meant by "dangerous" was him "thinking" I could be wrong, but, sounds like something I would say. Just the way he put it,
I took it that way. I think he was making a joke. |
maybe he was joking but he is on the right track anyway it is very touchy but doable.
Bruce R Leech
Ensenada
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David K
Honored Nomad
Posts: 64857
Registered: 8-30-2002
Location: San Diego County
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Mood: Have Baja Fever
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Ferna, I think he meant that an average Mexican would not know how to instruct a gringo on starting a business in Mexico because the rules for
foreignors are not the same as for Mexican nationals...
Getting input from foreignors like Dave and Bruce will provide more information because they have 'been there'.
Ferna, you are an excellent source for help because you are a bi-lingual Mexican and have run businesses in Baja and understand Americans, having one
for a wife! You very well may know what an American needs to do, but I would bet that you are unique among fellow Mexican business owners!
By the way, how is your weekend schedule looking? A Baja mountain trip is being planned... 
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fdt
Ultra Nomad
Posts: 4059
Registered: 9-7-2003
Location: Tijuana, Baja California
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Mood: Yeah, what if it all goes right
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I can schedule it if we have enough advance
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
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Oh...Well then THAT'S different!
| Quote: | Originally posted by fdt
I think he was joking about the thinking part only. |
Not thinking and having a sense of humor about it. In Mexico, the gringo's key to success. Paladin, disregard what I said before. You'll do well. 
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Paladin
Nomad
Posts: 164
Registered: 3-25-2006
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First all I'm shocked with all the replys...thanks a million. I knew Bruce would reply which i appreciate. Yes I have a wierd sense of humor and it
doesnt always come accross well in writing. I like to make fun of myself...that was the crack about me thinking.
I also think that when someone tells me it's tough for an American to do business in Mexico, he is telling me the truth but it also means more
opportunity for someone willing to do it the right way. I look at objections as opportunities. Yes I'm in sales.
As far as having a Mexican corp, I really like that idea especially since I am in the risk management business and recommend to all my clients, large
and small, do not do business as an individual.
I dont necessarily understand the recommendation against teaming up with a Mexican national. I have found Mexicans to be as honorable as Americans if
not more so than some "groups" of Americans. Heck, I'm married to one.
If I understood some of the comments it looks like if I wanted to bring in 20 pickups I could but I read somewhere and Bruce aluded to it, that they
would have to be 10 years and not older than 15 years old.
This is an important question affecting my plan.
Lastly for now I would have no problem hiring good professionals in La Paz, attorny etc. I do not want any surprises or problems.
Again, thanks for all the comments, you guys are even better than I thought.
I'm not worried about losing my investment, I like taking risks. The investment would be max of $75,000 before I find out if I was stupid and had to
bail out.
There seems to be a lot of Americans on this board that are successful business people in Baja..I think Baja will have a run of opportunities for
years to come because of the Baby Boomers like me (DOB 1947) Yes Bruce Im 2 years older than you.
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bajajudy
Elite Nomad
Posts: 6886
Registered: 10-4-2004
Location: San Jose del Cabo,BCS
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My only advise would be to be absolutely sure about your accountant. To me, they are the most important part of doing business here. I have tried
and failed miserably to understand the taxes here. I have figured out that if you are successful they sure take a large junk of it.
Suerte!
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
Member Is Offline
Mood: A lot cooler than Mulege
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| Quote: | Originally posted by Paladin
First all I'm shocked with all the replys...thanks a million. I knew Bruce would reply which i appreciate. Yes I have a wierd sense of humor and it
doesnt always come accross well in writing. I like to make fun of myself...that was the crack about me thinking.
I also think that when someone tells me it's tough for an American to do business in Mexico, he is telling me the truth but it also means more
opportunity for someone willing to do it the right way. I look at objections as opportunities. Yes I'm in sales.
As far as having a Mexican corp, I really like that idea especially since I am in the risk management business and recommend to all my clients, large
and small, do not do business as an individual.
I dont necessarily understand the recommendation against teaming up with a Mexican national. I have found Mexicans to be as honorable as Americans if
not more so than some "groups" of Americans. Heck, I'm married to one.
If I understood some of the comments it looks like if I wanted to bring in 20 pickups I could but I read somewhere and Bruce aluded to it, that they
would have to be 10 years and not older than 15 years old.
This is an important question affecting my plan.
Lastly for now I would have no problem hiring good professionals in La Paz, attorny etc. I do not want any surprises or problems.
Again, thanks for all the comments, you guys are even better than I thought.
I'm not worried about losing my investment, I like taking risks. The investment would be max of $75,000 before I find out if I was stupid and had to
bail out.
There seems to be a lot of Americans on this board that are successful business people in Baja..I think Baja will have a run of opportunities for
years to come because of the Baby Boomers like me (DOB 1947) Yes Bruce Im 2 years older than you. |
it sounds like you are on the right track. just do your home work and you will do ok.
Bruce R Leech
Ensenada
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Baja Bernie
`Normal` Nomad Correspondent
Posts: 2962
Registered: 8-31-2003
Location: Sunset Beach
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Mood: Just dancing through life
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Baja Judy
Your comments on accountants is spot on....Everytime I have seen an Gringo business person in trouble here it is because of his/her accountant.
I even have a short story on the problems with accountants in my new book. Chapter is titled "Doin' Business"--Book Title--THINK you
know BAJA
My smidgen of a claim to fame is that I have had so many really good friends. By Bernie Swaim December 2007
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