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Thai Woman Arrested Over B6bn Romance Scam Connection
She should get a commendation from that company, having exposed their CFO as a major liability and unqualified for his position -
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Major Online Pricing Error Sees 20,000 Orders for Discounted Shoes
"At the end", in this case your assertion is 100% wrong. -
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Intensifying Battle for 7-Eleven Reaches Thailand as CP Group Joins Bid
And if they were dissolved into hundreds of small privately owned shops do you think employees would have the same job security, or if suppliers would have the same consistency of buyers? -
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small business ideas in Isaan
Be prepared for competition to appear very quickly if you are seen or seem to make money. A new coffee shop / cafe opened outside our village a couple of years ago. No competiton along the main road for a few km in each direction. Today there are another three all doing very similar menus almost in sight of each other. No one makes good money anymore because there aren't enough customers to go round. Growing stuff? Some years ago date palms were popular. Exepensive to buy the plants but the fruit could be sold for a good price. Lots of people planted them and the price has come down a lot. Grapes used to be 300 - 400 baht a kilo but the price in the market is down to 75 baht or less a kilo. Currently the popular fruit appears to be the red / pink guava which command a premium in price. We know of several rai being planted this year so, if the pattern is repeated, there will be as many red / pink ones as white ones in a couple of years and the prices will be the same. Small businesses as mentioned above tend to specialise in one thing, do it well and have a loyal customer base in the village(s) they sell in. E.g. a local market has a stall that only sells pad thai at 20 baht a small portion. They appear to sell out everyday but how much money they make I wouldn't know. Of course many businesse do make their owners a living but for all of the small family businesses I think it is very much a hand to mouth existance due to the wafer thin profit margins. If you try and increase the margin someone else will simply undercut you. My comments are based on village life but there are some major cities in Issan and in one of those things will be very different. If you rent and are seen to make money then the rent goes up and sucks out as much of the profit as possible. To buy in a good location will be expensive. I hope I'm not sounding too negative but although it will be difficult it can be done. Best of luck with it and please let us know how you get on.
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