How do I become a rice supplier?

How Do I Start A Rice Retailing Business?

  1. Get The National Food Authority (NFA) License.
  2. Register Your Business.
  3. Buy Proper Equipment.
  4. Pick A Good Location.
  5. Invest In Proper Storage For Rice.
  6. Be Friends With Your Suppliers.
  7. Provide Good Customer Service.
  8. Set Aside Budget For Rice Supply.

What are the wholesale price rice from Philippines?

approximately 37.7 Philippine peso per kilogram
The average domestic wholesale price of palay or well milled rice in the Philippines amounted to approximately 37.7 Philippine peso per kilogram in 2021.

How do I become a supplier of rice in the Philippines?

How To Start a Rice Business in the Philippines: 9 Steps

  1. Research Your Market and Competitors.
  2. Choose a Location Frequented by Your Target Market.
  3. Choose the Right Rice Supplier.
  4. Secure a License From the National Food Authority (NFA)
  5. Ensure That You Have the Required Equipment and Facility To Start the Rice Business.

How do I start a rice wholesale business?

What Licenses Do You Need to Start a Rice Business?

  1. Obtain a factory license or trade license.
  2. Apply for the no pollution certificate from your state’s pollution control board.
  3. If you have the required number of employees, complete the PFA and ESIC registration.
  4. Apply for an FSSAI license.

How can I start rice business in the Philippines?

Is selling rice profitable?

Thus, becoming a rice dealer or retailer can net you good profits because of its daily demand. And with a low starting capital of about P80,000 to P120,000 and it’s also an affordable business to start as well.

How much capital is required to start a rice business in the Philippines?

Thus, becoming a rice dealer or retailer can net you good profits because of its daily demand. And with a low starting capital of about P80,000 to P120,000 — it’s also an affordable business to start as well.

Is selling rice a good business?

You have consumers who buy in great numbers and food establishments who order in bulk. Thus, becoming a rice dealer or retailer can net you good profits because of its daily demand. And with a low starting capital of about P80,000 to P120,000 — it’s also an affordable business to start as well.

Is rice business Philippines profitable?

Starting a rice selling business in the Philippines, where rice is a basic diet, is always a profitable investment.

How do I sell rice wholesale?

Steps in starting a rice wholesale business

  1. Get the required license to become a distributor. You may have to get some kind of license to operate in certain countries as a wholesale distributor.
  2. Get your Rice Farmers Supply.
  3. Promote your retailer products.
  4. Accounting.