Business In Isaan

[ozzy111]

Is anyone running a successful business in Issan, if so what are you doing, how long have you been operating etc. I have heard that your up against it a bit in Issan.

[pnustedt]

I've set up a rice harvesting business - return on investment last year (first full year) was about 20% plus employing members of family who wish to work. Should improve this year with more experience and some further investment. I've learnt a lot and, hopefully, so have my Thai colleagues and I've enjoyed doing it.

[ozzy111]

That's interesting my wifes family grow corn, they do alright also. Is this business your primary income in thailand

I've set up a rice harvesting business - return on investment last year (first full year) was about 20% plus employing members of family who wish to work. Should improve this year with more experience and some further investment. I've learnt a lot and, hopefully, so have my Thai colleagues and I've enjoyed doing it.

[pnustedt]

Is this business your primary income in thailand

Yes, I do have investments overseas but should not need to touch them except for major capital purchases.

[ozzy111]

That's exellent good luck with it in the future mate.

[Joe Walshe]

Pnustedt, does that mean you make enough from growing corn to live on. Or are you supplementing your income from growing corn ie. have pension or other fixed income. How many rai of corn? Hope I'm not being too personal.

[pnustedt]

Pnustedt, does that mean you make enough from growing corn to live on. Or are you supplementing your income from growing corn ie. have pension or other fixed income. How many rai of corn? Hope I'm not being too personal.

No, I harvest rice. I have combine harvesters and ancilliary equipment and offer a service to rice farmers. This provides an income which is enough to support myself and my wife's immediate family (or those who wish to work with us). We do have about 45 rai but this is not our main business.