10 Most Profitable Business in Thailand For Foreigners
As an entrepreneur, Are you looking for most profitable business in Thailand? Are you planning to set up a business in Thailand? While you should always consider businesses you have interest in, here a few ideas that you can consider.
- Brew Pub
Owning a business that serves craft beer with different tastes and flavors to the clients will let you spend more time in your brew pub. However, Thailand, being the ultimate location for leisure businesses, opening a beer café can be a great idea.
- Delivery Business
Starting a delivery business can earn you good profit. Since the service based industries have a major position in Thailand’s GDP, delivery businesses can be a great option to start with.
- Catering Business
If you love to cook, then a catering business is the one for you. But then you need to ensure having a dedicated and honest team. In a catering business if one fails, then the entire team will collapse. So, you must choose your team members wisely. Initially, you can get started as part-time.
- Digital Marketing Agency
Today, when everything is digital, opening a digital marketing agency, can be a profitable venture. But then this would require you to have an adequate knowledge based experience. You can consider taking some crash course before getting into this business.
- Driving School
With so many people willing to learn driving, opening a driving school can be a good choice. New car owners look for the right guidance and if you can provide that there can be nothing good.
- Graphic Designing
If you are a graphic designer pro, then why waste your talent when you can always offer your services? The increasing demand for marketing campaigns and promotions prompts the need for graphic designing services. And if you can provide it at an affordable rate, then you will surely be successful.
- Photography
Are you passionate about photography? If so, you can consider part-time photography business and once you are settled you can set up your own studio. That will be great, isn’t it?
- Small Scale Manufacturing
The majority of Thailand’s sub-sector industry is dependent on manufacturing that is dominated by the SMEs. You can, therefore, consider beginning with SME first to earn a great deal of revenue.
- Travel Agency
With so many tourists flocking in Thailand every year, starting a travel agency there can be very profitable. Bangkok, Phuket, and Pattaya being the most visited ones you can open travel agency there while providing end-to-end services.
- Jewelry Designing Institute
Thais are extremely fashionable people and there is always a huge demand for the global fashion industry. Opening a jewelry designing institute managed by professional designers earn you good profits.
