Ijustwannateach Posted March 1, 2009 Share Posted March 1, 2009 If I were you, I'd choose a business which would provide something needed by a lot of THAI people- they are the majority here, after all! Link to comment Share on other sites More sharing options...
GungaDin Posted March 1, 2009 Share Posted March 1, 2009 If I were you, I'd choose a business which would provide something needed by a lot of THAI people- they are the majority here, after all! Yep, food! Link to comment Share on other sites More sharing options...
Pakeha Posted March 1, 2009 Share Posted March 1, 2009 If I were you, I'd choose a business which would provide something needed by a lot of THAI people- they are the majority here, after all! Little plastic bags Link to comment Share on other sites More sharing options...
kiakaha Posted March 1, 2009 Share Posted March 1, 2009 If I were you, I'd choose a business which would provide something needed by a lot of THAI people like a mobile phone with a built in ยาดม(yaa dom) 3 mill should cover the patent costs Link to comment Share on other sites More sharing options...
JimsKnight Posted March 1, 2009 Share Posted March 1, 2009 If someone else was writing out a blank cheque then another Emanuelles / Poseidon complex!! Link to comment Share on other sites More sharing options...
Briggsy Posted March 1, 2009 Share Posted March 1, 2009 What Kind Of Business Would You Start Or Buy In Los?, With a budget of say 3 million baht None. Too high-risk for too little reward. Link to comment Share on other sites More sharing options...
LooseCannon Posted March 1, 2009 Share Posted March 1, 2009 Find a medium sized town/city in a relatively prosperous province with no western style fast food outlets close by. Buy a commercial pizza oven (US$5000 - US$10000 in US) Go to Pizza Co./Pizza Hut & do some research (on the pizza's,not the sheilas) & copy what the Thai's like, not what you like. Set up in town or even at one of the large petrol stations/mini marts on a main highway to get passing trade. Take away , eat in & home deliver. Alcohol & karaoke - remember you are catering for Thais. KFC style fried chicken & chips etc as extra menu items. Sell cheap - pizzas cost bugger all to make. Try to look like one of the Mario Brothers - give 'em a good laugh if all else fails. Link to comment Share on other sites More sharing options...
MiG16 Posted March 1, 2009 Share Posted March 1, 2009 moving to the business sub forum Link to comment Share on other sites More sharing options...
zorro1 Posted March 1, 2009 Share Posted March 1, 2009 What do you ENJOY doing?Find something related to what you do when your not "working". Running a business related to something you enjoy means it stops being work, and you will provide more effort towards this business as its something you enjoy. THIS.....is valuable advice. You would do well to heed it. Best of luck. he he, full circle were back to opening a bar/ brothel Link to comment Share on other sites More sharing options...
Livinginexile Posted March 1, 2009 Author Share Posted March 1, 2009 What do you ENJOY doing?Find something related to what you do when your not "working". Running a business related to something you enjoy means it stops being work, and you will provide more effort towards this business as its something you enjoy. THIS.....is valuable advice. You would do well to heed it. Best of luck. he he, full circle were back to opening a bar/ brothel lol Link to comment Share on other sites More sharing options...
sanmiguel Posted March 1, 2009 Share Posted March 1, 2009 All the chain sandwich shops in Thailand are dreadful and very expensive, do the opposite of what they do and you'll be a success. i.e. cheap and taste good. Link to comment Share on other sites More sharing options...
RAZZELL Posted March 1, 2009 Share Posted March 1, 2009 I have a couple of shops here doing the most obvious tourist business, motorbike rental. The common belief many people have about this business is that there's no money to be made. Wrong. Started around 3 years ago with a handful of bikes and now around 60 including atv's etc. I don't invest in new stock unless I'm guaranteed a return in less than a year and as already mentioned here, it provides more than one income stream. People renting bikes etc also need onward travel so I sell boat, plane, train tickets etc. As a start up it's not a bad option, if things don't work out you can always sell your stock of bikes a recoup a fair bit of your investment. The most simple and obvious ideas work. Well done RAZZ Link to comment Share on other sites More sharing options...
coventry Posted March 1, 2009 Share Posted March 1, 2009 None I'll concur. Link to comment Share on other sites More sharing options...
buddy Posted March 1, 2009 Share Posted March 1, 2009 Livinginexile, Have a serious look at Franchising, there are plenty of products out there that will go against the grain of depressed markets. Take a look at impulse buys and research that. In these times of economic downturns many people will tighten thier belts on big ticket items like a house or car purchase but will just "treat" themselves now and then on small "luxury" items like an ice cream. I would also choose a town that has "FARANG" Customer base such as Pattaya, BKK etc This is not a plug, however one of my favorites is Dreamcones (www.dreamcones.com), small capital outlay, they dont take a percentage take of your profits, help you out with locations, no franchise fee and crucially pricing is up to you.........they make money on the ingredients they sell. Good luck. Link to comment Share on other sites More sharing options...
JimmyConway Posted March 3, 2009 Share Posted March 3, 2009 Don't serve the public unless you like to smile. Link to comment Share on other sites More sharing options...
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