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Is franchising right for me?

07/27/2014 20:22:21 PM

Franchising is more popular than ever and it is easy to see why. Buying a franchise opportunity can provide the investor with a proven format, systems, brand awareness, training, support and guidance. It can offer significant rewards over time ...

Back to Basics – Canons of Lending

07/22/2014 22:25:32 PM

Despite the recent recession it is clear that financial assistance for franchises is readily available from banks that specialise in the sector. The bank will be looking for a strong business proposal however what is it that the bank manager ...

Developing an effective sales plan

07/22/2014 22:08:42 PM

Sales development and customer retention are at the heart of all great businesses and the key driver behind effective selling is planning. Developing a realistic sales plan can help business owners not only manage their business cashflow but ...

Franchising – Life after redundancy

07/22/2014 22:04:36 PM

Job insecurity has a strangle hold on workers around the world. For many, redundancy will become a reality and will prove a very emotional and worrying time. Some people will accept it, while others might feel shock, anger, fear or even denial. ...

30 key questions on Franchising

07/21/2014 21:41:11 PM

Common sense will take you a long way in deciding whether the franchise you are considering will prove right for you. We’ve prepared the following questions to help you evaluate a franchise before deciding whether to invest. Please bear in ...

How to get paid quicker

07/21/2014 21:20:14 PM

Controlling credit is an important issue for any business, unless you predominately deal with cash. Few companies are lucky enough to have customers who pay their bill as soon as you raise the invoice. More often than not successful cashflow ...

Retaining your customers

07/21/2014 05:14:14 AM

Your priority as a business owner is to persuade your customers to hand over their money… and more importantly for them to carry on doing so. With that in mind, it’s astonishing how little some managers know about their customers. After ...

Self employment – Is it right for you?

07/21/2014 05:03:08 AM

Before deciding to become self-employed, it’s a good idea to think through the implications of working for yourself. Have clear reasons for taking the decision and a vision of what you want to achieve. People choose to become self-employed ...

The benefits and pitfalls of investing in a franchise

07/21/2014 04:10:28 AM

It’s not hard to see why people are attracted to franchising as a way of setting up in business. With an established franchise you are investing in a tried and tested business model – and an established brand name. You’ll have the comfort ...

Back to school?

07/18/2014 03:34:40 AM

Most international schools in Thailand will be opening in August. How do I choose a good school for my children? This is a question that I get asked so many times and a tough one to answer. Let’s give it a go then. Why August? Well most schools ...

Do I even need health insurance?

07/08/2014 22:49:02 PM

Why do I need health insurance is a common question that we often hear. Many people believe that they can ‘self insure’ and pay their entire medical themselves some say ‘I will just go home if I am sick’ whilst others say that they are ...

Travel insurance is not to be forgotten

07/01/2014 00:01:07 AM

Before we go on holiday from our home countries we would always purchase some form of travel insurance and indeed with some countries or some companies, insurance would be compulsory. It therefore seems strange that just because we will live ...

Protect your home from the worst

06/30/2014 23:33:23 PM

Home and contents insurance is something that we take for granted in our countries but sadly it is something that is often overlooked here in Thailand. The reasons for this are often unclear, but arguably it is required just as much here, if ...

Don’t forget your health insurance

06/30/2014 03:09:56 AM

Health insurance is perhaps the one insurance that everyone should have when you are living in Thailand. It is often an insurance that is forgotten about or regarded as expensive, especially for those of us who have had the privileged of free ...

Why should I buy First Class Car Insurance?

06/30/2014 02:33:53 AM

As more and more people in Thailand are becoming car owners the demand for car insurance is increasing. Like anywhere else in the world it is certainly advisable, if not compulsory o have some form of insurance and indeed Thailand is no different ...

What immunizations do I need in Thailand?

06/22/2014 21:49:47 PM

Like many countries in the tropics, Thailand has some certain diseases where immunisation is recommended. Although immunisation is not compulsory if you are here for the long term or may be exposed to greater risk it is certainly advisable ...

Technology and the dinner table – mutually exclusive events.

06/17/2014 08:13:32 AM

Heads down, eyes focused, thumbs typing or playing games, is this how your quality time is spent with your children? I was out for dinner last week. My wife and I went to a family restaurant we both really like. It is pleasant, just the right ...

I’m sick in Thailand, what now?

06/10/2014 07:22:03 AM

There’s nothing worse than being sick, and being sick abroad makes matters even worse. It’s important you have health insurance – regardless of how long you are staying in Thailand. This will certainly help reduce your stress if you

What you need to know about Dengue Fever in Thailand

06/09/2014 20:38:31 PM

It is possible to get dengue fever at any time in Thailand although it is most prevalent during the rainy season that runs from May until September.  Generally, it is more common in the north and south of the country as these are the more tropical ...

Finding a star secretary in Thailand

06/09/2014 10:13:41 AM

Finding great staff is difficult anywhere in the world, but this task is made even harder if you searching in a different country with a different culture. It is important you are aware of what they are looking for as well as what you and your ...

Land of the free? Not tax-wise

06/09/2014 03:54:38 AM

When I was a kid at boarding school in England I remember one day a group of kids (not me) took the handbrake off a Land Rover belonging to the Chemistry teacher, Mr. Curtis and free-wheeled it down onto the cricket pitch, abandoning it on the ...

Why you need a financial planner

06/04/2014 00:20:09 AM

I’m not much of a mechanic but when I was less than half the age I am now, back in the ’70′s, first with my little 50cc motorbike and then with various cars, two Vauxhall Viva’s, one Ford Cortina, a couple of Ford Escorts, I d

What insurance do I need for my business?

05/29/2014 10:51:16 AM

The risks of setting up in business are well documented. Fear of failure is probably the most powerful deterrent for entrepreneurs. But what is surprising is how many successful start ups risk everything they have built up by failing to protect ...

Tips on meeting the bank manager

05/29/2014 10:08:56 AM

Observing how people pitch their business opportunity on the BBC Dragon’s Den programme will give pointers, both good and bad, about how someone starting out in business should present their plan to the bank manager. Having a robust business ...

How to avoid a Scam

05/29/2014 09:56:42 AM

Every year we get more and more enquiries from people who are starting their own business. For investors there are a diverse range of business opportunities to choose from although not all of them provide you with a model and system to build ...

Great leaders make great businesses

05/29/2014 09:46:00 AM

Successful businesses need great leaders and managers at all levels. But, while leadership and management are closely connected, with both focussed on achieving results through others, there are important differences. Leaders provide strategic ...

How to be an effective networker

05/29/2014 08:28:53 AM

There are several organisations who offer networking opportunities to their members however unless the local group has dynamic leadership and is sustaining rapid growth is it worth making the investment, not only in the membership fees but also ...

Cash is King to avoid the dangers of overtrading

05/29/2014 07:33:10 AM

I’d bet most of you would like to increase sales right now, wouldn’t you? Selling more can only ever deliver wonderful results, right? Wrong! There’s this age old problem known as overtrading that creeps up on you just when sales ar

A Presentation with Punch

05/29/2014 07:08:56 AM

What is the key to effective public speaking? My job as Lloyds Bank’s Head of Franchising means that I do my fair share of presentations. But whether you’re a banker or best man, student or small business, there will come a time when you’ll ...

When it comes to financial advisors, size does matter

05/29/2014 06:52:33 AM

So, I just returned with my wife and daughter to live in Hong Kong after a decade in Philippines. This is where I started my offshore advisory career way back in 1994, it’s where I met my current, hopefully last, wife. But what’s changed ...

Understanding Thai pensions for foreigners

05/27/2014 02:23:10 AM

Like many countries around the World, Thailand has a well established social security system funded by employee’s contributions as well as contributions from the employer. There are different sections to the social security system. The social ...

Feasibility Studies for large projects

05/27/2014 02:15:46 AM

As the BOI process is designed to bring in large investment into Thailand, the BOI welcomes larger investments so long as they meet the strict criteria and rules that are set out to ensure that the projects are compatible with the requirement ...

5 Reasons for not applying for BOI status

05/27/2014 01:52:27 AM

Not every company is eligible for BOI status, nor indeed do all companies want to go down through the BOI process. As stated in other articles, the process is quite complicated and there are strict criteria for the company to qualify. Going ...

Which Industries is the BOI targeting and why?

05/27/2014 01:48:13 AM

The whole purpose of the BOI is to encourage investment in Thailand for the long term benefit of Thailand. Therefore some industries are not eligible to join the BOI as they are not seen as being in the long term interests of the country. The ...

Who is the BOI best suited for?

05/27/2014 01:37:03 AM

The BOI process is an excellent opportunity for businesses to gain a foothold in Thailand with the incentives that are on offer but it is not suitable for everyone. As stated in other articles the process for applying is quite complex with some ...

Why go through the BOI process?

05/27/2014 01:32:51 AM

Going through the BOI process is something that many companies make seek to do as there are a number of incentives and benefits that can be gained by applying for BOI status. Many of these benefits and incentives have been mentioned in a previous ...

Options for UK pension holders to access their funds overseas

05/25/2014 19:53:52 PM

When I started in this business in England way back in 1977, before many of you were probably born, life and pensions were fairly straightforward affairs. We were admittedly at the beginning of the end of the time when people tended to work ...

10 pitfalls to avoid when setting up a business in Thailand

05/23/2014 05:00:36 AM

Setting up a business anywhere in the world is never an easy task and potential pitfalls will certainly line your route.  Starting a business in a different country makes this task doubly difficult.  Below is a list of 10 potential pitfall ...

5 Successful Expats in Thailand

05/23/2014 04:57:30 AM

Kobi Elbaz Kobi Elbaz has been a resident of Thailand for more than a decade.  Israeli-born Elbaz is CEO of Tulip Group, a developer of luxury condominiums and hotel properties based in Pattaya. Elbaz was educated in the US, he served as ...

10 tips for being a great manager in Thailand

05/23/2014 04:50:29 AM

There are so many books that you can read about being a great manager offering varying levels of advice and tips so that you can be ‘great’.  In reality it is impossible to be a great boss for everyone but we can always look at ways to ...

How to find great Thai staff

05/23/2014 04:47:28 AM

One of the major headaches that any business has is finding the right employees and this can be even more of a problem in Thailand when you consider the language barriers and the difference in cultures.  All too often, largely due to the aspect ...

Why you really need to hire an accountant in Thailand

05/23/2014 04:43:34 AM

There are many different aspects to running a successful business but arguably one of the most important things is finding a good accountant.  A good accountant is the same around the world, they can save you money, help save you time and plan ...

Accounting Practices in Thailand

05/23/2014 04:29:53 AM

There are 2 professional bodies that outline the standards expected with regards to accounting practices in Thailand.  These 2 bodies are the Institute of Certified Accountants and the Auditors in Thailand.  As you would expect their main ...

What BOI Investment actually means

05/23/2014 04:23:12 AM

If you are looking to start a business in Thailand, one of the best organisations to contact is the Office of Board of Investment (BOI) which operates under the Department of Industry which encourages investment in Thailand.  There are a number ...

Accounting in Thailand

05/23/2014 03:52:08 AM

Wherever you are in the world, accountancy is often regarded as being ‘boring’ and often treated with general mistrust, often due to complicated rules and the fact that there are often many different interpretations of the same event.  ...

What happens if I don’t have the correct work permit in Thailand?

05/23/2014 03:50:07 AM

If you do not have the correct work permit, or perhaps you don’t have any work permit at all you could face some serious consequences here in Thailand.  The Immigration Department are clamping down more and more on those individuals that ...

Work Permits in Thailand – The Anomalies

05/23/2014 03:47:29 AM

 The previous article concentrated more on the general rules regarding work permits in Thailand and eluded to the fact that there are many grey areas that can cause problems for would be applicants, or indeed even those who already holding ...