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Forums - General - I want to start my own business...

madskillz said:

Also, I'd recommend chatting with business owners to get a feel of total operating costs. I am not sure about Mexico's regulations, but in the U.S., you'll need to apply for a liquor license and that alone could take years sometime. Plus, you'd have to have insurance to like $500K or some high number to cover you, your equipment, the building and workers.

I have been in biz for over 3 years and it can be a headache at times.

Edit: You'll also need to look into distributors and such. Since you are starting out kinda small, you will have to work something out with food, beverage distributors to supply you with stuff. Please, you will need some cash to advertise locally.

 

 hehe... there are not too many regulations here in Mexico. And yes, you need a liquor license, but if you promote the beer of certain brewers, for example, Grupo Modelo (Corona and other beers) they give you the license. And there is no need for an insurance here.