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Doing business in Pattaya: what seven businesses taught me

I started out managing a bar in Soi 13 and now own seven businesses here across property, hospitality and car rental. Here's what I'd tell a friend who wanted to start or buy one, including the mistakes.

By Shane Ruddle17 articles · 6 chapters
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Short answers

The questions I'm asked most, answered in a sentence or two.

Do you need a Thai partner to own a business in Thailand?

For most businesses, yes. A foreigner usually can't hold the majority, so a Thai partner holds 51%.

Full answer

Do I need a work permit to work in my own business?

If you're actively working in it, yes, absolutely. A silent investor who isn't working in the business doesn't necessarily need one.

Full answer

Which businesses work in Pattaya?

Entertainment, restaurants and guest houses. My own preference is service businesses: they need less capital up front, and there's a real need here for higher-quality service.

Full answer

Should I start a business from scratch or buy one?

It depends where you are as an entrepreneur. Starting from scratch can be cheaper up front, but building a customer base takes far longer than people expect.

Full answer

Why do businesses fail in Pattaya?

The people I see fail usually do it half-heartedly, as something to do. Take it seriously, do your due diligence, and decide with your head, not your heart.

Full answer
01

Getting started

Starting vs buying, ownership rules and choosing partners.

02

People and customers

Managing Thai staff, keeping good foreign staff, and online reviews.

03

Working for someone else

Finding a job, teaching, and working in hospitality as a foreigner.

04

Restaurants and bars

The sector most newcomers want to get into.

05

My own story

How I built seven businesses, what went wrong, and how I run them now.

06

Also worth reading

Visas and banking for business owners.

Ask Shane

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