Having a business partner brings some excellent opportunities to a business. It brings financial support with shared responsibilities. 36.4% of the adult population in Thailand engaged in entrepreneurial activities. So, it could be a smart move to look for business partners in Thailand.
Is it possible for foreign entrepreneurs to find business partners? The good news is ƵYesƵ. If you are looking for company registration in Thailand, you could be highly beneficial by getting a business partner. You can share thewith your business partner. Let me inform you of how foreign entrepreneurs can find business partners in Thailand.
Why Foreign Entrepreneurs Look For Business Partners In Thailand?
When you think about having a business partner, financial support is the first thing that comes to mind. To be honest, this is not the only reason why business owners look for business partners. Shared responsibilities, added experience, networking opportunities, and better risk management are the main reasons to look for business partners in Thailand.
Running a business in Thailand with managing all costs and responsibilities with one hand could be highly difficult. You can share the responsibilities with a business partner. At the same time, the new business partner will add more experience to the business. The partner can suggest new opportunities or areas to improve. You can develop a better strategy combinedly on. It will allow your business to negotiate with potential risks in a better way.
How Can Foreign Entrepreneurs Find Business Partners in Thailand?
Join Business Networking Events
Use Linked In
Use Angel List
Utilize Thai Business Directories
Join Business Networking Events
Attending business networking events is the best way to meet potential business partners. You should get in touch with organizations such as the Thailand Board of Investment (BOI), Bangkok Entrepreneurs, and Thai Chamber of Commerce.
You should try to attend business events that are similar to your business. Along with getting business partners, it will open opportunities for you to grow your business. If you have not registered your business yet, you can contact.
Use Linked In
More than 80% of the Thai population is using the internet. The number is still increasing each year. So, online business platforms will be a great option for foreign entrepreneurs to find business partners in Thailand.
You should try to build connections with investors related to your business sector. You should create your own identity on LinkedIn so that they get interested in being your business partners.
Use Angel List
Angel List is a popular and effective online platform for finding investors for startups. To utilize it properly, you should be able to find business partners in Thailand as a foreign entrepreneur. To make that happen, you should create a strong business profile in the Angel list targeting Thai investors.
You should include your business idea, business expertise, and opportunities for the business partners. You can also utilize the search bar to find out startups and professionals based in Thailand. Then, you can approach them with your business ideas. Also, you should join groups and communities.
4. Utilize Thai Business Directories
You might be looking to register a private limited company in Thailand. A Thai business partner can unlock new possibilities for your business. Thai business directories could be a reliable source for you to find business partners in Thailand.
After that, you can approach them with your business plan to be your business partner. Thai Chamber of Commerce Directory, Thailand Business Directory,
Yellow Pages Thailand, BOI Thailand (Board of Investment), and the Federation of Thai Industries (FTI) are reliable Thai business directories.
Sum Up
The importance of having a business partner is not limited to financial support only. The other related benefits help the business to grow faster. You can start your search now by following the above methods. It will make things easier toregister a company in Thailand.
Now, you have got a better knowledge of how foreign entrepreneurs can find business partners in Thailand. If you need to consult anything about Thailand business registration,S & F CONSULTING FIRM CO. LTDis available to assist you. No more worries about Thailand business registration.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
