Low Risk/start-up Cost Businesses In Isaan

sabang, on 2009-11-29 10:47:30, said:

My wife recently opened a small 'shopette' out of our Home, in the most offhand way- for a hobby, something for her and the Mil to do. Total capital in has been a smidgin under 6000 bht- 5000 for a second hand chest freezer (decent buy) and 900 bht for two metal display racks. What little else was required we already had, basically unused. So far, it has surprised me- our local market is tiny (we are in a rural area, between small villages), but we are about equidistant from the nearest shop in three directions- 3km of dirt track. So the locals are happy for the convenience, and happy to shop there for the basics. There is a table to drink at if they want, and we've recently started a small food menu- which has done OK too, and we grow most of the required veges.

Now, to put this in perspective, the profit will impress no one- about 5,000 bht a month based on one months trading- but as I mentioned, our market is tiny- maybe twenty households. It is more than I expected frankly. So If you have a decent location- i.e no other shops within spitting distance- it might be a reliable, albeit modest earner. Your potential market size is certainly a lot bigger, but so is your competition. Our most profitable line by far is Lao Khao

- outside a School, yours might be different. Just a thought, anyway.

Hi Sabang, I have been wondering how your new business was going after we last spoke. To me, something as basic like that which has made 5,000 baht in it's first month is perfect for where you are. Build it up a little more and before you know it you will be the wealthiest business owner in the district!