Business

[roadking95]

I have read quite a few questions in regards to matters of business in Thailand and have a couple of questions. What I would like to know is how do people feel in relation to the current climate for setting up business in Thailand, is it good or is it still a bit unstable for a foreigner. At present I own a business in Vietnam which is part of a worldwide company that deals with supplies to large and small offices. Our company has a worldwide trademark and if I were to setup business there I would become a master franchisor covering all of Thailand. So anyone who is in business there could you please advise me if you think that business in Thailand is a reasonable propersition or would staying in Vietnam be a safer option. I have visted Thailand on a few occasions and would like to look at starting something there but if it is a risky thing to do I would rather leave it alone.

Thanks in advance for any answers.

[roadking95]

Looks like I have to reply to myself, 47 views and not one reply. Thanks for your help.

[think_too_mut]

Looks like I have to reply to myself, 47 views and not one reply. Thanks for your help.

Poorly articulated topic, called just "Business" does not invite many readers/responders.

I just looked at it for it's stupid title and expected to see more of the same inside.

Someone may bite.

[roadking95]

Well my question was in relation to business in Thailand, next time I will consult the message title police before posting. I didnt realise that you had to write a lenghty title, thanks for your reply anyway, even if it was negative.

[egg6447]

sorry but bit of a silly question really. anywhere is good for business if you have the right business. nowhere is good if you havent got the right business. i know someone that became a millionair in five years. those five years were just about as bad as it got in uk at that time. so right business right time right place against all the odds, your call. up to u as we say here.

[egg6447]

sorry but bit of a silly question really. anywhere is good for business if you have the right business. nowhere is good if you havent got the right business. i know someone that became a millionair in five years. those five years were just about as bad as it got in uk at that time. so right business right time right place against all the odds, your call. up to u as we say here.

ps, your baby needs winding/burping.

[raybingham]

I have read quite a few questions in regards to matters of business in Thailand and have a couple of questions. What I would like to know is how do people feel in relation to the current climate for setting up business in Thailand, is it good or is it still a bit unstable for a foreigner. At present I own a business in Vietnam which is part of a worldwide company that deals with supplies to large and small offices. Our company has a worldwide trademark and if I were to setup business there I would become a master franchisor covering all of Thailand. So anyone who is in business there could you please advise me if you think that business in Thailand is a reasonable propersition or would staying in Vietnam be a safer option. I have visted Thailand on a few occasions and would like to look at starting something there but if it is a risky thing to do I would rather leave it alone.

Thanks in advance for any answers

Stay in Vietnam.

You don't seem to have the patience for making friends in Thailand

[roadking95]

Thanks for the reply egg.

Ray I didnt come on here to make friends, this is a discussion forum usually people discuss things on here. I think maybe its time you and the other ladies on here to have your tea and scones now.

[raybingham]

Thanks for the reply egg.

Ray I didnt come on here to make friends, this is a discussion forum usually people discuss things on here. I think maybe its time you and the other ladies on here to have your tea and scones now.

Me and the girls have finished the Earl Grey and cucumber sandwiches (you know, the ones with the crusts cut off) and concluded that with 207 views, and F*%k All by way of responses, you may be better advised making fiends FIRST, then asking for advice.

It is an old fashioned business principle that clearly is not required in Vietnam.

[Ubon9]

To relay on us to tell you if Thailand is good for business is a bit of a big responsibility to take up on Us.

What i think you should do is take same time off and came to thailand and do a little research,visiting people they are involved with your type of business and came up with your conclusion.

For what it concern the Thai Government i don't think Thailand can go for major change since America as been very much in control for many years in this part of the world. Same time they play a little to scare off same old and new investor but in fact nothing change.

[steveromagnino]

To relay on us to tell you if Thailand is good for business is a bit of a big responsibility to take up on Us.

What i think you should do is take same time off and came to thailand and do a little research,visiting people they are involved with your type of business and came up with your conclusion.

For what it concern the Thai Government i don't think Thailand can go for major change since America as been very much in control for many years in this part of the world. Same time they play a little to scare off same old and new investor but in fact nothing change.

America is not that important these days.

If you have a successful franchise business with a good product, then be prepared to work and you could make it work.

Thai people aren't nearly as stupid or inept as most expats think; and so expect some local competition. There are few product categories not already available here unless there is some regulatory or pricing issue that prevents them.

Same as anywhere; do homework, confirm market demand, outline supply, understand barriers to entry and then understand consumer behaviour and then lay out marketing and operational plans.

Regulatory environment I am led to believe is easier in most industries I work in here than Vietnam, but no idea about your particular product.

Can almost guarantee the majority of people cannot answer unless they know what product.

Would recommend checking out similar competing products online and seeing their relative success.

Difficult to make money selling most mass market products to farangs, the real money is in selling to Thais as there are so many more of them.

[roadking95]

Thanks for the reply egg.

Ray I didnt come on here to make friends, this is a discussion forum usually people discuss things on here. I think maybe its time you and the other ladies on here to have your tea and scones now.

Me and the girls have finished the Earl Grey and cucumber sandwiches (you know, the ones with the crusts cut off) and concluded that with 207 views, and F*%k All by way of responses, you may be better advised making fiends FIRST, then asking for advice.

It is an old fashioned business principle that clearly is not required in Vietnam.

Ray, Ray, Ray you naughty boy, did I get under skin there me little mate. Time for you to go home to land of grey skies and fat people where somebody may appreciate you, but I doubt it.

[PCA]

Thanks for the reply egg.

Ray I didnt come on here to make friends, this is a discussion forum usually people discuss things on here. I think maybe its time you and the other ladies on here to have your tea and scones now.

Me and the girls have finished the Earl Grey and cucumber sandwiches (you know, the ones with the crusts cut off) and concluded that with 207 views, and F*%k All by way of responses, you may be better advised making fiends FIRST, then asking for advice.

It is an old fashioned business principle that clearly is not required in Vietnam.

Ray, Ray, Ray you naughty boy, did I get under skin there me little mate. Time for you to go home to land of grey skies and fat people where somebody may appreciate you, but I doubt it.

Replying to (partly justified) flaming rather than to quality posts doesnt really underline your business skills. Curious who would offer you a master franchise for thailand.

[RAZZELL]

Curious who would offer you a master franchise for thailand.

Publisher for Self-help books?

RAZZ

[roadking95]

Thanks for the reply egg.

Ray I didnt come on here to make friends, this is a discussion forum usually people discuss things on here. I think maybe its time you and the other ladies on here to have your tea and scones now.

Me and the girls have finished the Earl Grey and cucumber sandwiches (you know, the ones with the crusts cut off) and concluded that with 207 views, and F*%k All by way of responses, you may be better advised making fiends FIRST, then asking for advice.

It is an old fashioned business principle that clearly is not required in Vietnam.

Ray, Ray, Ray you naughty boy, did I get under skin there me little mate. Time for you to go home to land of grey skies and fat people where somebody may appreciate you, but I doubt it.

Replying to (partly justified) flaming rather than to quality posts doesnt really underline your business skills. Curious who would offer you a master franchise for thailand.

Many people, not a problem.

[raybingham]

To relay on us to tell you if Thailand is good for business is a bit of a big responsibility to take up on Us.

What i think you should do is take same time off and came to thailand and do a little research,visiting people they are involved with your type of business and came up with your conclusion.

For what it concern the Thai Government i don't think Thailand can go for major change since America as been very much in control for many years in this part of the world. Same time they play a little to scare off same old and new investor but in fact nothing change.

America is not that important these days.

If you have a successful franchise business with a good product, then be prepared to work and you could make it work.

Thai people aren't nearly as stupid or inept as most expats think; and so expect some local competition. There are few product categories not already available here unless there is some regulatory or pricing issue that prevents them.

Same as anywhere; do homework, confirm market demand, outline supply, understand barriers to entry and then understand consumer behaviour and then lay out marketing and operational plans.

Regulatory environment I am led to believe is easier in most industries I work in here than Vietnam, but no idea about your particular product.

Can almost guarantee the majority of people cannot answer unless they know what product.

Would recommend checking out similar competing products online and seeing their relative success.

Difficult to make money selling most mass market products to farangs, the real money is in selling to Thais as there are so many more of them.

In view of the lack of responses, and in an attempt to be constructive, I thought this might help:-

THAILAND

Franchise Association

Somjit Likhitsathaporn / Managing Director

20/25 Seri Village Onnui Sukhumvii 77

Pravate – BKK 10250 - Thailand

TEL: (662) 321-5129

FAX: (662) 721-2795

Email: [email protected]

[roadking95]

I would like to express my thanks to you Ray for your help.

[Moonfruit]

After Steve's great response to the age old daft question methinks this chap isnt worth his salt.

Great advice Steve to all and sundry who are looking at business opportunities here or anywhere for that matter.