Business Models
Single Proprietorship
A trustworthy Filipino partner is essential
Entering the food business as a sole proprietor is not permitted under a foreigner's name, so it is absolutely essential to open the business under the name of a trustworthy Filipino partner. In the Philippines, if you can meet this condition, it is relatively easy to start a business. In the Philippines, where sole proprietorships account for 90% of business registrations, if you want to succeed even with a small investment, you will need targeted marketing and a strategy based on extensive knowledge and experience.
Advantages and disadvantages of being a sole proprietor
The advantages of a sole proprietorship include the fact that it only requires the name of one Filipino national (we can also arrange a nominee agreement), making it easy to start and operate, and that taxation is relatively simple. On the other hand, the disadvantages include the fact that foreigners cannot openly participate in management, that businesses are easily forced to close due to minor troubles, that it is not possible to open branches under the same name, that corporate establishment is required if transitioning to a franchise system, that it is difficult to pass the screening process when opening a store in a mall, that it is difficult to reopen a business under the name of the Filipino national in the event of closure due to tax troubles, and that foreigners cannot recover anything if the business closes because there are no assets to be gained.
We recommend our support services for starting your own business
If the business model is a sole proprietorship (Solo Proprietorship / Single Proprietorship), the low risk and ease of withdrawal are attractive to investors, but it is completely meaningless if the investment is based on the assumption of failure. There is absolutely nothing to be learned from the failures of Japanese people in Philippine business. Our support for starting a sole proprietorship includes everything from basic micro-business strategies, merchandising and operations consulting, staff training, and promotional activities, to post-opening data analysis of customer and staff behavior, and business owner and staff seminars, providing a condensed collection of know-how for successful micro-business management.
Single Proprietorship Support Plans
Our company offers Single Proprietorship support services at the following plan rates.
For inquiries regarding applications, terms of use, etc., please click the "Contact Us" button at the bottom of this page to go to the email form page.
Note: The plan rates are service fees. Registration fees and other expenses for government agencies and service organizations will be charged separately at actual cost.
Single Proprietorship
Basic
Plan fee: PHP 36,000 |
Duration: 3 months |
Contents Microbusiness Basic Strategy
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Single Proprietorship
Standard
Plan fee: PHP46,000 |
Duration: 3 and a half months |
Contents Microbusiness Basic Strategy
|
Single Proprietorship
Premium
Plan fee: PHP62,000 |
Duration: 4 months |
Contents Microbusiness Basic Strategy
|
Free Consultation & Inquiry
Our free consultation service provides appropriate advice to help you succeed in the food business.
Simply submit your inquiry via Consultation Mail Form.
For questions regarding general inquiry, please use the contact via Inquiry Mail Form.
Garyo Strategic Consulting, Inc.
Robinsons Cyberscape Gamma,
Topaz & Ruby Rd, Ortigas Center,
Pasig City, Metro Manila, 1600 Philippines
TEL: 63-968-248-2904
MAIL: info.garyosc@gmail.com / info@garyosc.com