Three Businesses in Bangkok that Can Bring You Success
If you are already in love in Bangkok, then there is no way escaping. And you know better what I am trying to mean. Each year tourists flock here in hundreds and thousands and what they eventually end up with is either extending their tourist visa or applying for something more concrete. Low cost of living, profitable business opportunities and lifestyle are enough to admire Thailand. By doing something concrete I meant business in Bangkok. In fact, if you are considering to stay for longer period in the country you can always buy a business in Bangkok and make some money.
However, the only issue is that people often get into the market without proper planning and research. To begin with, you can approach your reliable relatives or friends and discuss the idea of investing in a bi-national business. Initially, you should be concentrating on preparing the ground and then think something large. Though manufacturing business is in huge demand in Thailand, you might not have that much capital to invest. Here are some business ideas to go with;
1. Bar Business: Bars earn a huge amount every night in Thailand and when you are here you will surely want to own one. Although, a lot of money is yielded by this business, running this is not that easy. If you are one of the US citizens, then you must have a Thai business to begin. Additionally, you should get regulatory licenses, as well as clearances, done. Similarly, there are many legal formalities too that can be handled by a law firm in Thailand.
2. Restaurant Business: It is yet another promising business if tapped properly. Since Bangkok is a booming tourist destination, restaurants earn a huge turnover. For this, you will need to get a food license, alcohol license, and permission for playing music.
3. Spa Center: Thai spa, the ultimate thing in the world and one of the most popular businesses indeed. Trust me when I say people come to Thailand sometimes just to get an original Thai spa treatment. Sure, there are already so many spa centers, but more needed to establish to match with the growing demands. Let me tell you none of these run out of their business and all make good profits end of the day. If you consider setting up one of these then look for a tourist-dominated area.
Apart from these two, you can also think of starting a driving school or a guesthouse. But make sure you have sufficient capital.