Hello,
I'm a small OEM, so the only parts I'm machining are for my product.
All my customers are big OEMs for the automotive / transportation industry. So, I don't deal with public, and I don't machine for nobody else.
Currently I'm based in Houston suburbs, and I'm leasing a small office-warehouse. I have been living here for about 5 years, and I'm already tired of heat, traffic, growth and taxes.
My family and I are in the process of moving back to New Mexico. I found a small lot (1 acre) very cheap, in a small town, almost in the middle of nowhere. Commute to our next home is not very bad (about 30 min). My plan is to put a metal building to operate my business. I will pay cash for everything, looking to have the less over-head possible, and be able to put all the possible profits from the business toward retirement, college fund, etc...
Yesterday, I was speaking about my project with my landlord. He said I was completely insane doing this, and it was a waste of money.
It didn't care me very much, but I was curious about what another owners think about operating your business in remote places:
- Do you prefer to invest a large amount of money in a larger building, mortgage, and rent part of it? Of course, in a high traffic area, with all the associated cost.
- Or, do you prefer to have a full-paid small building to fit your needs, no mortgage, no strategic location, and use profits for retirement?
Thanks for sharing your opinion!
(By the way, I'm 40. I always heard that at this age, you start thinking more weird... LOL)
I'm a small OEM, so the only parts I'm machining are for my product.
All my customers are big OEMs for the automotive / transportation industry. So, I don't deal with public, and I don't machine for nobody else.
Currently I'm based in Houston suburbs, and I'm leasing a small office-warehouse. I have been living here for about 5 years, and I'm already tired of heat, traffic, growth and taxes.
My family and I are in the process of moving back to New Mexico. I found a small lot (1 acre) very cheap, in a small town, almost in the middle of nowhere. Commute to our next home is not very bad (about 30 min). My plan is to put a metal building to operate my business. I will pay cash for everything, looking to have the less over-head possible, and be able to put all the possible profits from the business toward retirement, college fund, etc...
Yesterday, I was speaking about my project with my landlord. He said I was completely insane doing this, and it was a waste of money.
It didn't care me very much, but I was curious about what another owners think about operating your business in remote places:
- Do you prefer to invest a large amount of money in a larger building, mortgage, and rent part of it? Of course, in a high traffic area, with all the associated cost.
- Or, do you prefer to have a full-paid small building to fit your needs, no mortgage, no strategic location, and use profits for retirement?
Thanks for sharing your opinion!
(By the way, I'm 40. I always heard that at this age, you start thinking more weird... LOL)