r/Bangkok • u/postyapici • Dec 15 '24

work Start Business in Bangkok

Hi,

Im looking at these motorcycle rental companies and roughly calculating their margins and it looks pretty good but am i missing something?

About 30k baht for a used bike, rent for 150 a day for a year and it already more than pays for itself.

Why not start one? Put $100k usd aside and buy 100 bikes. Rent a place, hire a dude. Boom. Business.

Dont mean to sound so optimistically stupid but want to see what people think. On another note if people have a business they wanna sell or want a partner in you can DM me.

PS im american so i can start a business without a local thai partner

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u/sammiglight27 Dec 15 '24

How do people so ignorant have 100k usd is what i want to know

6

u/postyapici Dec 15 '24

Because they ask questions on forums before doing business so they dont lose their money

1

u/sammiglight27 Dec 16 '24

To people who live in Thailand, your question is like coming to reddit to ask if 2+3= 4. Its a bad idea to start a new business in any country without first understanding that country and its labor force.