The Dong-A Ilbo has an article on new business trends in Korea for 2007.

They are predicting that fusion restaurants, environmentally friendly products and family fun establishments are the key to success next year.

So I would like to suggest potentially bad business ideas for Korea as things to avoid.

  1. Opening a real Texas Steakhouse
  2. Creating a porn themed student Hagwon by employing former actresses
  3. Setting up a Chinese Huanghai SUV showroom