Driving the Growth of Your F&B Business in China
Are You Familiar with :
- The evolving and vibrant F&B trends in China?
- The key procedures and expenses for launching F&B business in China?
- The key considerations during transition into the expansion phase?
Transitioning from startup to expansion in the F&B sector presents unique challenges. We understand these challenges and provide customised solutions, ensuring a seamless and successful path for your journey.
Challenges faced by Companies Expanding into China
Start Up to Build Up
- Complexities in designing equity structures
- Location suggestions and store selection challenges
- Adherence to local compliance policies (Accounting, tax, payroll and legal aspects)
- Special licenses acquisition
Build Up to Scale Up
- Overall control over opening or closing procedures for multi-location stores
- Ensuring compliance with practices across multiple locations, covering accounting, tax, payroll and legal aspects
- Handling complex reconciliation procedures with multiple platforms and settlement methods
- Leasing management across multiple locations for contracts, fapiao, and deposit with the accounts
- Store management, including daily inventory stocktaking and cash received at each location.
- Ensuring effective employee motivation strategies and a high employee retention rate
Why Choose Us?
We have over a decade of active engagement in the F&B industry, equipped with deep insights into the market, emerging F&B trends, and socio-economic dynamics.
Our one-stop solutions involve partnering with you throughout your entire business life cycle, providing services for company set up, accounting, HR Advisory & Payroll, audit, tax, business advisory and global expansion advisory.
Professional Experience
We bring a deep understanding of the retail industry, coupled with expertise in local tax and payroll practices.
Professional Team
Our team comprises Project Management Professionals (PMP)® who oversee the entire project.
Multiple Locations
Serving as the single point of contact for clients, we provide nationwide one-stop solutions.
Diverse Channels
Our ecosystem, covering both online and physical store operation modes, is designed to assist you in expanding your retail business in China.