It's around £1200 now for a 40ft HQ from China, though can depend on the port. On the VAT front, if you are VAT registered for VAT, check out the Postponed VAT scheme. You no longer have to pay the VAT on import.
Alibaba is great. They're also always willing to negotiate on price either on goods or shipping obviously if you're poliet ect. Also lots of items which have a low MOQ too for start ups like 100 items ect. Great videos as always! :)
Great video. I export food products. I am relatively new in the industry. I don't have ready capital so i work as a middle man to facilitate orders. This way i am leveraging by using buyers money and making deals. But also making contacts and identifying products that work. Great way to start with less risks.
Great Video James. Stopped bringing materials over due to covid and price of shipping, but all guns blazing now. Windows, kitchens, electrical Sockets lights etc. all construction materials. Been going to Canton for last 12 years and found it ideal for sourcing. And checking before loading has saved face lots of times. I absolutely love the Chinese factories attitude to doing business. There’s no 9-5
Great video, and as a business we do import direct from the far east too. But where we can buy things made in the U.K. or EU even if it’s more expensive we do every time. The quality of U.K. and EU made stuff is far superior. And I found it’s easier to do business with them and they look after you. And I think the biggest problem we have (The West) over the last 60 years is people moving production to the far east. Just because we can make a saving should we really do it? I know you have a rule relying on one customer for income. Do you have the same % rule on relying on one country for goods? I know you source products from multiple countries. Is that a strategic move? Just food for thought…really enjoying your content and podcast. I’m one that consumes both! 😊👍🏻
Hi james came across your channel awesome content i always wanted to start an import business but always confused about where to start from what product to choose and also what is the minimum investment i can start do u mentor students i would love to learn
Just coming across your vids look awesome value so thanks! Have you done anything in regards to starting steps to get into the import business? Also something on steps for an Amazon business? cheers!
Can you do a video on public relations after negative news Could you do a video about solar power & batteries with regards to your business's as many of your sites use most of their energy is used during the day Find your videos very useful
Great video! If you need source in Bangladesh, please let me know. Especially for clothing and related items. Can help source other items as well. Cheers
Cardboard boxes (corrugated) cannot be sold further than 100 miles from manufacturing plant... the cost is too high. The US is filled with these factories.
Can you please teach us how you do all the marketing to actually sell these products please, step by step? I'm 18 with some experience in eccomerce, what Im struggling to learn is how you actually do the marketing to bring sales and grow.
Go for it James ! That’s exactly what we need……..loads more utter crap to stick in our lovely landfill sites.. especially all that party junk which has an average life of about two hours . I reckon the t…ts in Westminster might even give you a tax break for bringing in all this garbage, because soon there will undoubtedly be a charge to go to the local tip. How’s the super yacht build coming along ?
Some very useful information here. Sadly I’ve seen lots of cases where this has gone badly wrong but generally it’s because people haven’t thought things through.
No I can’t do that. That rating is not something we are at all proud of, we bought that business just a few months ago knowing that it was in its situation, our team which run multiple sites with 5 star ratings are putting in the processes to make sure that never happens again. We even have full SALSA ratings at our factory which is far superior. This inspection was done months ago and it’s something we are addressing at full speed. Thanks for your comment; I appreciate the support
James that is such a perfect response and echo’s the values that I try to apply in business. No hiding, total honesty and openness and a resolution promised. Humbleness at the end and a thank you that closes the dialogue brilliantly. I was presenting to some customers a few days ago and did just this and was questioned on if it was the correct approach, I never doubted myself but this has validated my tack and I thank you for that Sir!
There are some ethical questions every importer has to ask themselves beyond the bottom line. We all know the questions. One combined question is, "Does importing help me love my neighbor and God?"
Don't have a business or anything like that but really enjoy the videos and the insight in to this sort of thing. Keep up the good work James!!
It's around £1200 now for a 40ft HQ from China, though can depend on the port. On the VAT front, if you are VAT registered for VAT, check out the Postponed VAT scheme. You no longer have to pay the VAT on import.
I did elude to the postponed vat scheme - just thought it was too complicated for this video. We’re hitting the 1200£ but we never want to overstate.
@@JamesSinclairEntrepreneur fair enough. Postponed VAT has been a lifesaver when it came to cash flow.
Very useful advice for us newbies
@@JamesSinclairEntrepreneur hello sir i am from India
I am a exporter
And i am searching buyers for my product
Can we connect each other
@@tantramassagedubai hello
I am from India and exporter
Are you importing goods from India
Alibaba is great. They're also always willing to negotiate on price either on goods or shipping obviously if you're poliet ect. Also lots of items which have a low MOQ too for start ups like 100 items ect. Great videos as always! :)
Great video. I export food products. I am relatively new in the industry. I don't have ready capital so i work as a middle man to facilitate orders. This way i am leveraging by using buyers money and making deals. But also making contacts and identifying products that work. Great way to start with less risks.
Hi, do you export from the UK? What do you export & where to? Thanks
Great Video James. Stopped bringing materials over due to covid and price of shipping, but all guns blazing now. Windows, kitchens, electrical Sockets lights etc. all construction materials. Been going to Canton for last 12 years and found it ideal for sourcing. And checking before loading has saved face lots of times. I absolutely love the Chinese factories attitude to doing business. There’s no 9-5
Thankyou for all the valuable informations, James.may God bless you more!
Dude where do you get so much energy, i have one business that eats all my power
Great video, and as a business we do import direct from the far east too.
But where we can buy things made in the U.K. or EU even if it’s more expensive we do every time.
The quality of U.K. and EU made stuff is far superior. And I found it’s easier to do business with them and they look after you.
And I think the biggest problem we have (The West) over the last 60 years is people moving production to the far east.
Just because we can make a saving should we really do it?
I know you have a rule relying on one customer for income.
Do you have the same % rule on relying on one country for goods? I know you source products from multiple countries. Is that a strategic move?
Just food for thought…really enjoying your content and podcast.
I’m one that consumes both! 😊👍🏻
Hi james came across your channel awesome content i always wanted to start an import business but always confused about where to start from what product to choose and also what is the minimum investment i can start do u mentor students i would love to learn
Just coming across your vids look awesome value so thanks! Have you done anything in regards to starting steps to get into the import business? Also something on steps for an Amazon business? cheers!
Very helpful James, Thank you
Can you do a video on public relations after negative news
Could you do a video about solar power & batteries with regards to your business's as many of your sites use most of their energy is used during the day
Find your videos very useful
Thank you 🙏🏻
Absolutely loved the insight, thanks
Great video! Thanks for answering my question. I feel famous!
Hahahah - you are to me!
Hi James, would you trust alibaba to purchase machines at £20k ?
Is there any way to further/better support UK manufacturing? Or is that not possible in your line of business? Thanks James. Up the Essex!! 😀
Some of this stuff just isn’t made in the UK. Where we can we always buy in the UK.
Great content bro..
suoer high value video thanks!
Best on yt
Great video! If you need source in Bangladesh, please let me know. Especially for clothing and related items. Can help source other items as well. Cheers
Cardboard boxes (corrugated) cannot be sold further than 100 miles from manufacturing plant... the cost is too high. The US is filled with these factories.
Can you take us through the import export paper work into the UK
Your shipping agent will do this for you.
Do you ever do ever import foodstuffs
Ice cream ingredients from Italy
@@JamesSinclairEntrepreneur makes sense yes
Can you please teach us how you do all the marketing to actually sell these products please, step by step?
I'm 18 with some experience in eccomerce, what Im struggling to learn is how you actually do the marketing to bring sales and grow.
Go for it James ! That’s exactly what we need……..loads more utter crap to stick in our lovely landfill sites.. especially all that party junk which has an average life of about two hours . I reckon the t…ts in Westminster might even give you a tax break for bringing in all this garbage, because soon there will undoubtedly be a charge to go to the local tip. How’s the super yacht build coming along ?
Please can you do a really in-depth course in the academy on this 🙏
We absolutely will. We are putting more on marketing in as we speak.
so much value James. 🚀 If anyone need any assistance in Türkiye (aka Turkey), i can be your guy.
merhaba. size nasil ulasa bilirim?
Some very useful information here. Sadly I’ve seen lots of cases where this has gone badly wrong but generally it’s because people haven’t thought things through.
Where can I order 1,000 bespoke teddy bears please? For the United states
I happen to work for Allibaba's sister company. If you fancy coming down to our office and having a chat you would be more than welcome
What’s the deal?
Those are the good I do sell...
Clothes cheapest which country?
Bangladesh
@@mohsinmocnashi is there a way for you to source clothing for me in South Africa ?
@@khaalidabrahams5937 Did you mean, source from Bangladesh for SA? If I source from BD, I can do it
Makes you wonder if all those toys sitting in storage are UKCA marked...
Will you teach us how to get a 1 star food rating?
No I can’t do that. That rating is not something we are at all proud of, we bought that business just a few months ago knowing that it was in its situation, our team which run multiple sites with 5 star ratings are putting in the processes to make sure that never happens again. We even have full SALSA ratings at our factory which is far superior. This inspection was done months ago and it’s something we are addressing at full speed. Thanks for your comment; I appreciate the support
James that is such a perfect response and echo’s the values that I try to apply in business. No hiding, total honesty and openness and a resolution promised. Humbleness at the end and a thank you that closes the dialogue brilliantly. I was presenting to some customers a few days ago and did just this and was questioned on if it was the correct approach, I never doubted myself but this has validated my tack and I thank you for that Sir!
There are some ethical questions every importer has to ask themselves beyond the bottom line. We all know the questions. One combined question is, "Does importing help me love my neighbor and God?"
Dressses getting cheap prices
You speak too fast
TH-cam has a 'Playback speed' option.
Click on the top right corner of the video screen
Your warehouse looks like a huge mess. Cant find anything in there. Looks like a set for a scam video lol