OPPORTUNITIES IN ASIA Jim Schumacher President Aqua Turf International, Inc. Corporate Office:...

OPPORTUNITIES IN ASIA

Jim SchumacherPresident

Aqua Turf International, Inc.

Corporate Office: Jupiter, Florida, USA Regional Offices: Bangkok, Thailand Aix en Provence, France

AQUA TURF INTERNATIONAL, INC. - JUPITER, FLORIDA, USA BANGKOK, THAILAND MARSAILES, FRANCE

OPPORTUNITIES IN ASIAOpportunities


OPPORTUNITIES IN ASIAOpportunities Many Emerging Golf Markets Across Asia

China, India, SE Asia Indonesia, Malaysia, Russia

Large Population Base China (1,335,570,000), India (1,176,453,000) SE Asia (593,000,000)


OPPORTUNITIES IN ASIAOpportunities Few Existing Courses Excluding Japan &

Korea Renovation Opportunities (+/- Japan 1,700, Korea

200) Asian and European Tours Are Growing Asians Love Golf and Are Well Suited to Play

Physically, Mentally and Culturally Jr. Golf Shown on TV Occasionally Look At An LPGA Leader Board


OPPORTUNITIES IN ASIAMy Experience Made Several Research “Business Tourist” Trips

Starting in 2002 Assessed Market Place and Feasibility Could I live There AND Like It? Formulated a “How to Plan”/Analyzed

Pros/Cons Took the Big Plunge Wish I Could Have Started 20 Years Sooner My Advantages

Had a Supportive Team Personally Suited – Family, Adaptability, RiskAQUA TURF INTERNATIONAL, INC. -

JUPITER, FLORIDA, USA BANGKOK, THAILAND MARSAILES, FRANCE


Risks – They Are Simple Loose Lots of Money Loose Your Wife and Family Loose All Your Friends Loose Focus on Your Core Market No Guarantees of Opportunities Instability of Governments Economic Uncertainty Unhappy and Homesick


OPPORTUNITIES IN ASIARewards See the World

Been to Over 35 Counties Involved in Projects on Every Continent Not Covered in

Snow Meet New People Opens Possible New Opportunities Learn New Business Methods Gives You a Different Perspective of the World and

Its’ People Provides More Personal References to Draw From Share Your Experiences with Your Family and

Friends AQUA TURF INTERNATIONAL, INC. - JUPITER, FLORIDA, USA BANGKOK, THAILAND MARSAILES, FRANCE

OPPORTUNITIES IN ASIAWhy Should I Pursue Asian Markets? Not for Everybody! Every Company and Person is Different with

Different Goals Different Types of Businesses Must Overcome

Different Challenges – Some More Difficult Contractor versus a Consultant

What Are Your Goals? What Are Your Fears? What Do You Have to Loose? What Do You Have to Gain? What Are My Chances of Success?


OPPORTUNITIES IN ASIAChallenges LANGUAGES – Several Spoken and Written

Chinese, Korean, Thai, Malay, Vietnamese…


OPPORTUNITIES IN ASIAChallenges Unpredictable and Erratic Governance

Protests Policy Changes


OPPORTUNITIES IN ASIAChallenges Geography

USA = 4,200km East to West, 4,500 km Miami to Seattle Asia= 8,500km Japan to Dubai, 4,500 km China to

Malaysia Travel Time and Costs


OPPORTUNITIES IN ASIAChallenges Time Zones

7 Hours Difference from Asia to the Middle East 12 Hours to EST, 8 am Bangkok = 8 pm EST, 8 pm Bangkok = 8

am EST How to Keep Manage Your Current Business at the Same Time?


OPPORTUNITIES IN ASIAChallenges Business Standards


OPPORTUNITIES IN ASIAChallenges Culture


OPPORTUNITIES IN ASIAChallenges Culture – Food


OPPORTUNITIES IN ASIAChallenges Culture – Religion


OPPORTUNITIES IN ASIAChallenges Government Regulations

Visas/Work Permits Local Taxes/US Taxes

Land Acquisition Can Be Difficult, Especially in India Currency and Exchange Rates

Banking Accounting Practices Collections



Challenges Competitive Differences

Understanding Your Marketplace Always Playing an Away Game

Shipping/Transport/Mobilization Family


OPPORTUNITIES IN ASIARequirements for Success (Not

Optional) Patience, Patience, Patience Sense of Adventure Open Mindedness

“Toto ,You Aren’t In Kansas Anymore” Understand You Are a Visitor Everybody Doesn’t Necessarily Want to Do

It “The Way We Do” AdaptabilityAQUA TURF INTERNATIONAL, INC. -


OPPORTUNITIES IN ASIAWhen Do I Start? Can I Work Asia from the US?

Maybe from the West Cost But Difficult How Do You Gain the Trust of the Owners Working In Real Time Boots on the Ground and a Commitment Are

Better Can I Get a Job First?

Maybe What Are Your Competitors Doing?


OPPORTUNITIES IN ASIAWhere Do I Start? Where Are Your Opportunities?

Help of Others Where Could You Live?

Happiness Affordability Climate Travel Feasibility

Where is the Best Business Climate? Taxes Work Permits Visas


OPPORTUNITIES IN ASIAHow Do I Start? Consider a Local Representative

Overcome Language Familiarity with the System Local Connections

Why Do You Need a Foreign Company? Visa Work Permit Employ and Register Staff Open a Bank Account and Write Checks

Pay Staff and Other PurchasesAQUA TURF INTERNATIONAL, INC.


OPPORTUNITIES IN ASIAHow Do I Start? Consult with Business Setup Consulting

Firm Incorporation, Visa, Work Permits, Virtual Offices Sunbelt Asia Bright Business Consulting (Thailand Only)



JUMP IN THE WATERS GREAT!



BEST of LUCK!

AQUA TURF INTERNATIONAL, INC. JUPITER, FLORIDA, USA BANGKOK, THAILAND MARSAILES, FRANCE

OPPORTUNITIES IN ASIA Jim Schumacher President Aqua Turf International, Inc. Corporate Office:...

Documents

Transcript of OPPORTUNITIES IN ASIA Jim Schumacher President Aqua Turf International, Inc. Corporate Office:...