Starting a Business in Chiang Mai vs. Pattaya? Wait, Look at These Before You Get Going

Have you been planning to start a company in Thailand? Great! Let’s get it rolling. But, before you start it is important to know whether your business plan will be successful or not. Not every business will be successful in Chiang Mai and Pattaya. Which business will be profitable depends up on the availability of resources and the environment. Also, it is crucial to analyze the kind of businesses that have come out with flying colors.

As for Chiang Mai, the night life is extremely happening with great bars. There are many eateries and shopping options here. Travelers prefer Chiang Mai more than any other place, especially because of so many cool options.

On the other hand, Pattaya is a vibrant coastal city offering innumerable water sports. Right after dark, you will find the crowd shifting to the streets; where drinking and partying continue till dawn.

Now that you have a little idea about how these two cities are; let’s take a look at the business options you can consider;

• Food Industry: Serving good quality foods in Chiang Mai is what required. I am not saying that they compromise on the food quality, but if you compare it with Pattaya, you will find the taste and quality average in Chiang Mai. So, setting up a fast food center or a restaurant in Chiang Mai that serves a variety of good food can be a profitable idea.
• Hotels: Most hotels in Chiang Mai are average than Pattaya, so you can think of investing in setting up hotels in here.
• Night Clubs: Night clubs in Pattaya is much average, whereas it is simply awesome in Chiang Mai. You can consider setting up a night club in Pattaya with a great ambiance and excellent services.
• Travel and Transport: Both in Chiang Mai and Pattaya transportation is very low. Firstly, they are rarely available and secondly, they are extremely costly. While you can’t do anything about the cost, with your transportation system you can make vehicles frequently available.

Before you jump into any conclusion, the cost of living of both the cities must be considered. Where Pattaya has a medium cost of living, Chiang Mai is quite cheap. No matter what business you are starting, the service charges will highly depend on the cost of living.