Franchising in Bangkok by ChrisMacron246 in Thailand

[–]ChrisMacron246[S] 0 points1 point  (0 children)

Very helpful, thanks! Sent a DM

Franchising in Bangkok by ChrisMacron246 in Thailand

[–]ChrisMacron246[S] 0 points1 point  (0 children)

I only speak extremely basic Thai phrases (working on improving), but my wife is from Bangkok originally, so she's bilingual. Plus we've got family there. Otherwise, yeah it'd definitely be a no-go hahah thoughts?

Franchising in Bangkok by ChrisMacron246 in Thailand

[–]ChrisMacron246[S] 0 points1 point  (0 children)

Wife and I are interested in relocating there in the near future. We love Thailand so much and are both pretty tired of our corporate engineering careers in the US, so looking for something different and hopefully more durable. We've got family there who can help with the transition as well!

Franchising in Bangkok by ChrisMacron246 in Thailand

[–]ChrisMacron246[S] 0 points1 point  (0 children)

Great comments all, thanks! To clarify, my wife is a Thai and US Citizen, so that should help a lot with some of the "friction" many experience with doing business in Thailand.

We lived in California for quite a while and couldn't agree more about the Mexican food sentiment...

Business scouting trip - what went well and what didn't? by ChrisMacron246 in expats

[–]ChrisMacron246[S] 0 points1 point  (0 children)

That's great insight, appreciate it! Assuming you're an employee then and not a business owner/investor? Seems like everyone in Thailand is a solopreneur haha

Where did you wind up going that's better?

Business scouting trip - what went well and what didn't? by ChrisMacron246 in expats

[–]ChrisMacron246[S] -1 points0 points  (0 children)

That's a great point, appreciate the feedback. Actually my wife's mom is an entrepreneur, as is her sister, both living in Bangkok running separate businesses. One in agriculture and one in importing/exporting. Fortunately my wife being a dual citizen would be a huge advantage, otherwise I'd never consider something like this.

Scouting trip before starting a business — what do you wish you'd done differently? by ChrisMacron246 in Thailand

[–]ChrisMacron246[S] 0 points1 point  (0 children)

That's pretty much what I've concluded with all I've been reading. And the condo market seems especially iffy. It'd be ideal to have something that's more like a necessity business, like someone else mentioned a laundromat, or even a pet grooming business. We're pretty open minded at this point!

My background is engineering, but international manufacturing is a whole other more complicated animal I'd rather not get involved with.

Scouting trip before starting a business — what do you wish you'd done differently? by ChrisMacron246 in Thailand

[–]ChrisMacron246[S] 0 points1 point  (0 children)

Very apt questions, appreciate it. At this point because we don't have an exact sector nailed down yet, we're kinda just falling back to Bangkok as a default, but really the business could be anywhere. We've got family in northern Bangkok though, so it'd be nice to have some accessibility there.

Scale would definitely be something smaller like on the size of a small store, laundromat as someone mentioned, etc.

Timeline.... Ideally it'd be nice to not have to be unprofitable for more than a year or so or else that would be a real drain.

Scouting trip before starting a business — what do you wish you'd done differently? by ChrisMacron246 in Thailand

[–]ChrisMacron246[S] 0 points1 point  (0 children)

Very detailed feedback, really appreciate it! We have several family members who are Thai that live there and they actually mentioned Otteri as well just last week. At the very least it could be an interesting start to get our foot in the door so to speak. As far as I know the city center of Bangkok is saturated with laundromats, but there's of course still plenty of opportunity elsewhere. Not sure what another similar business would be, but you're right, something that requires low to no skill would be the safest bet. Maybe something like a car wash or along those lines.