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creative1000

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  1. Is moving money (earned 10 years ago) from a usa bank account to Thailand bank now taxable this year? I’ve heard so many answers
  2. Thank you, just the type of answer I was looking for. Appreciate all the details and photo! Did you buy directly from a warehouse fan store or cooling specialist, or are these available at thai watsadu / global?
  3. We're considering renting a 10x20m concrete box with metal roof with insulation attached underneath, 6 meters tall. The walls are solid without ventilation holes, only the front door which can close. We'd like to maintain a comfortable temperature year round 9-5pm (lke 25-27'C) as this will be a social meeting place where people can have a conversation without yelling over any crazy noise. The 2 ideas we have now, is 1. Put fans everywhere (ceiling + floor) + use an industrial swamp cooler and use ice blocks from a local ice factory? 2. Put fans everywhere (ceiling + floor) + install 6-8 AC inverter units around the warehouse walls Any idea of the effectiveness or cost of either idea? Would #1 be too loud? Could this be setup outside, and push the air inside through a vent? Would this even work to reduce the temperature during the hot months? Would #2 be insanely expensive to run every month? Ballpark cost, Would this be like 6000-10,000baht per month or more like 60,000-100,000thb per month to run? Any other suggestions, ideas, or brainstorms? Thanks in advance.
  4. This is very good advice. We'll probably also get a bunch of "test" customers (wife's friends) to come over often and give feedback. Completely agree, only through practice (not theory) will training be engrained. Also hoping to develop a strong work culture with good values (hard working, kind, proactive, etc) so that it doesn't fall into the bare minimum we see at some shops where all the employees are playing on their phone and ignore the customers when the boss is gone.
  5. Thank you for sharing these. I'll mention this to our lawyer and accountant to prepare 3 months for VAT and Social Insurance and not wait to the last minute. Would rather spend the extra money to open early, than be late of our target opening date. What were you able to do for 3 months without a work permit?
  6. My friend uses AIA, and the AIA agent says different hospitals have different policies. The hi-so hospital actually works directly with AIA while the cheaper hospital wants payment up front. The agent mentioned that to qualify for 100% insurance payment no questions asked, must stay overnight at the hospital. They even said, even if its a minor thing that you can go back home, just stay overnight for guaranteed payment. My friend has stayed over night twice in the past year, both times 100% paid directly between hospital & insurance, no out-of-pocket expenses.
  7. Work Permit Question: Will open my business when I have a work permit. Must hire 2 Thais for 2 months before I get work permit? What will my employees do for 2 months if the business isn't open yet? Surely many others have run into this same predicament? A few of those weeks can be used for training new employees while the business is closed. That still leaves many unused weeks left. Thai wife (already has a full-time office job) says just open the business early and she'll manage employees via phone, Line app, or "work from home" at our business a few days a week. But this makes me nervous if theres a technical issue during work hours that requires my expertise I won't be able to help.
  8. Official Name: Royal Thai Police: Immigration Bureau Official Logo Here
  9. Wait what? I don't know any Thais that are racist against farang. If anything, Thai landlords are exhausted with dealing with immigration and bureaucracy, not tired of farangs renting their homes. I've never heard of a landlord or hotel that wouldn't let a farang stay there because they are a farang with a foreign passport.
  10. Sometimes the business can be spotted in a Thai Business Reseller Facebook group typically with the comment "Must sell fast, already moved to another province to take care of family member" or "I'm too busy with my other business to manage the shop now." I've visited some of the locations out of curiosity and can speculate why the business had to be closed/sold: 1. PARKING: Extremely busy road but no parking anywhere within 500m. 2. COMPETITION: Good location but 10 other similar shops opened within 2 km stretch of road. Maybe even 20 or more within 5km radius. 3. OVERHEAD COSTS: Great location but monthly rent is far too high. 4. LOCATION: Great product, but located too far away from target buyers. 5. PRODUCT COMPARISON: Attempting to sell an inferior product at a similar price to a premium product nearby. .... just to name a few ideas... Despite this, I still see someone buy it, re-open the same business, and go through the same struggle as the first owners.... To be fair, I've also witnessed some shops have amazing success, seen the owners become millionaires after lots of hard work, organic expansion, unique product, maintaining high quality standards, buying old houses and tearing it down to become a parking lot for their shops, etc... It wasn't a case of mafia, corruption, or rich parents, just good business practice.
  11. Thats the thing, I've seen the same cafe resold 3 times over 6 years. I've seen a bar change its name and ownership every two years. Clearly, the original idea wasn't a huge success, yet new owners keep throwing money at the same idea.
  12. For example, I've seen the same coffee shop have 3 owners over the years and have never seen it full, and not surprised when the owner has to sell. But surprisingly, the new owner does the same exact thing expecting different results. I've seen this with Fried Chicken Kiosks, Bars, Restaurants, and small Hotels too. I'm also in Thai Facebook groups for business/franchise sales, and can spot local places changing ownership all the time. I even had a thai friend jump very quickly on a business, only to spend the next 4 months trying to sell it at 50% loss.
  13. @transam Thank you! I know nothing of auto costs. Just wanted to check I wasn't paying $85 for a $15 repair.
  14. In the past 2 years, some rubber strips have dried, cracked & broken off the outside of the windshield (along the driver and passenger sides). Already 2 monsoons later, and no water has gotten inside the car.... *yet*, so the seal, although cracked, is still holding up. Anyways, the dealership said the normal cost to replace just the rubber seal is 3000 Baht. But this seems a bit steep, and nearly the cost of getting a new windshield? Is this the normal price?
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