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Good small business?


BaronTT

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A Thai friend of mine is tired of working for others, so he's considering opening up some type of business on his own. Doesn't have a huge amount saved to start... about Baht 200,000.

 

 

 

Some ideas:

 

 

 

Bakery

 

Massage Parlor (Traditional)

 

Cheap gold jewelry

 

Baby-sitter

 

Other???

 

 

 

I thought that perhaps a mobile phone stall might be good. A recent article in the Bangkok Post mentioned that with a 200,000 initial stake, the cash flow is about 500,000 on a really good weekend. (If I remember the number correctly. I DO remember that it was very high.)

 

 

 

He speaks pretty good English (educated with a Master's degree), so he could service expats.

 

 

 

Any thoughts on these possibilities or others? I'm a bit wary about the success of opening a new business that they know nothing about....

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I have just launched a web site Ask Me and am looking for people who speak reasonable English who are prepared to answer any queries that we might get for a fee.

 

 

 

If you are interested it might be worth looking at it as a possible side line.

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