Introduction to our business of fresh food in South Korea
“Profitable Business Targeting a Stable Market, Even in Bear Markets”
We recommend venturing into an industry with steady market conditions and continued growth in demand.
If you’re looking to expand your business internationally and/or diversify your assets across different countries, I’m confident that this information I’m about to share will be extremely valuable to you!
“Recommended for corporate executives looking for such a golden business opportunity!”
Those who desire a more stable source of income through a new business venture.
Those who want to invest in your core business using those funds after obtaining a stable cash flow.
Those who are interested in gathering the latest information and selling your products and services beyond South Korea to other Asian regions, such as Japan and China, can leverage favorable geographic conditions.
*NOTE
Holding assets solely in only your country is exceedingly risky in this global era.
Rather than concentrating your assets and management solely in one currency or one country, it is crucial to consider various risks and build assets overseas.
■Name of Collaborative Project: Collaborative Business for Trade in South Korean Fresh Food
*The scheme involves entering into cultivation contracts with farmers, mainly for carrot cultivation, selling the grown vegetables at Garak Market, which is one of the largest fresh food markets in South Korea, and generating profits.
■Example
Last year, our client entered into a vegetable cultivation contract with a farmer for 75,000 USD.
And our staff in charge of selling vegetables in the Garak Market sold all vegetables at around 150,000 USD.
Since our client repeated the same process twice last year, the total sales amounted to about 300,000 USD.
As a result, our client could earn around 31,000 USD last year.
*The contract term is 6 months, so our client did it twice in 2022.
Your profit for one period will be from 15% to 30% of the net profit after deducting shipping costs from the profits obtained through an auction in the market.
*NOTE: We will bear all other expenses, such as labor costs and utility bills!
■Characteristics of this Golden Project: “Low Risk, Stability, High Demand”
- The Reasons for Low Risk:
An Experienced trader with over a quarter-century of knowledge in the Garak Market, which is one of the largest fresh food markets in South Korea, handles the buying and selling process.
He has a deep understanding of market dynamics and timing for auctions, ensuring that there are no losses.
He has never experienced losses, making this venture far from a gamble.
Therefore, it is not gambling, but “Extremely Low Risk”.
*It is a very low-risk project, but please note that vegetable production is subject to factors beyond our control, such as harvest yield and quality due to unfavorable weather and so on, which may lead to unforeseen circumstances.
- The Reasons for Stability:
In the fiscal year 2022, the profit rate reached approximately three times the initial investment within about 6 months.
This achievement was attributed to the soaring prices of carrots from Jeju Island due to unfavorable weather conditions (this caused the production of carrots to decrease and its price skyrocketed).
Jeju Island is located in the intermediate zone between cold and warm regions, allowing for double cropping a year.
The sowing of seeds occurs twice, in April-May and June-August, while harvesting takes place three to four months later.
In the previous year, the carrots sown in March-April were sold at three times their initial investment in the auction, and the same occurred for the carrots sown in June-august.
Additionally, contracts have been established with farmers in the southern regions of South Korea.
This arrangement ensures a stable harvest almost year-round.
“In 2023, cultivation contracts for carrots have been secured in three locations!”
1) Around Busan (accounting for 16% of South Korea’s carrot production)
A.Sowing: April to May
Harvest: August to September
B.Sowing: December to February
Harvest: May to July
2) Gangwon Province (accounting for 20% of South Korea’s carrot production)
Sowing: July to mid-August
Harvest: October to November
Jeju Island (accounting for 45% of Korea’s carrot production)
A.Sowing: Late August to early September
Harvest: February to March
B.Sowing: March (smaller-scale vegetable cultivation due to using a greenhouse)
Harvest: May to June
In these three regions, there are farmers willing to undertake contracts amounting to over 10 million USD.
Given the variety of carrot types, there is diversity in sowing and harvesting periods, ranging from 80 to 130 days from sowing to harvest.
The length of one period varies depending on the production area and the cultivated variety, from sowing to harvesting.
The duration of one period is also influenced by the weather.
We, Mars Global Expansion Consulting Corporation, will make the best choice for each specific situation, considering various conditions, such as which production area and which variety of farmers to contract with.
- The Reasons for High Demand:
Fresh vegetables, which are the investment targets, are perishable items that are consumed and repeatedly purchased.
There will never be a decrease in demand for them forever.
Due to the health boom in South Korea, the demand for vegetables is expected to increase even more. Therefore, it is “High Demand”.
“This business model is made possible by the following six factors:”
1) The experience and abilities of the trader with over a quarter-century of career in the industry, who can increase fund capital by four times in a year as I described above.
2) Sufficient knowledge of cultivation environments and corporate establishment in South Korea.
3) Being in control of the upstream sector, a stable business with a consistent demand in the food industry and the potential to generate high profits.
4) We have valuable connections with many local farmers in South Korea (Farmers prefer selling to the trader connected to our company due to his trustworthiness because he has bought from them at competitive prices for long years and selling at high prices in the Garak Market).
5) Reliable and excellent local management staff.
6) Favorable land conditions in Jeju Island and southern regions of South Korea for agricultural purposes, as well as the significant demand for South Korean vegetables.
Therefore, this fresh food business is the very best opportunity because it is “Low Risk, Stability, and High Demand.”
Risks:
1) Exchange rate risk (This can also be advantageous.)
Holding assets solely in only your country is exceedingly risky in this global era.
Rather than concentrating your assets and management solely in one currency or one country, it is crucial to consider various risks and build assets overseas.
2) Weather risk (Even with a smaller harvest, crops can be sold at higher prices due to high demand. However, there is a possibility of a complete harvest failure.)
3) Conflict risk (The main conflict risk is with North Korea. In terms of geopolitical considerations, South Korea’s southern region is generally regarded as safer than the northern region, which shares a border with North Korea.)
However, risks are inherent in any business, so if you fear being controlled by risks and uncontrollable circumstances (force majeure), you won’t be able to engage in any business.
Rather than focusing on starting a new business and making profits, what you are looking for is more of “future preparedness”?
Even if your company’s operations are running smoothly now, in this era of profound uncertainty, we can’t predict what lies just around the corner.
Therefore, shouldn’t you consider moving your personal assets overseas (possibly including real estate ownership equivalent to your home) to prepare for unforeseen circumstances?
People from other countries are allowed to purchase agricultural lands in South Korea.
By buying agricultural land and cultivating crops on your own property, you can also generate profits and pool them as earnings for your personally owned company in South Korea.
In case of need, you can dispose of the agricultural land and convert it into cash.
We believe that it offers a high level of risk management.
“Benefits of Overseas Expansion”
Asset Formation Overseas
Aside from your main business, expanding overseas can provide a new opportunity to effectively utilize your existing assets and increase your wealth in a foreign country.
In case of an emergency, the assets you have in your own country could disappear in an instant.
For corporate executives, forming assets overseas is essential.
Building Reserves through Overseas Investment
Holding assets solely in only your country is exceedingly risky in this global era.
Rather than concentrating your assets and management solely in one currency or one country, it is crucial to consider various risks and build assets overseas.
Through overseas investment, you can also build reserves and protect your assets from potential risks.
Let’s take a look at an example of currency value in Argentina.
In 2005, 1 USD was approximately 3 Argentine pesos.
As of August 2023, 1 USD is about 350 Argentine pesos.
The currency value of the Argentine peso has decreased to about 1/115th of its previous value.
If you were holding only one currency and not practicing risk management as in the case of Argentina, you can easily imagine what could happen in times of crisis.
“Regarding data in the food industry”
The United Nations Food and Agriculture Organization (FAO) predicts that global food demand will increase by 60% to 100% by 2050 due to the rapid increase in population and urbanization.
The food industry in South Korea is famous for its cuisine and a wide variety of food and has received high praise for its manufacturing technology and quality control.
Additionally, due to changes in people’s lifestyles and the pandemic caused by COVID-19, there is an increasing demand for healthy, organic, and convenient processed foods, making the industry highly promising.
Furthermore, the food industry in South Korea is actively expanding into Asian markets such as China and Southeast Asian countries, working towards market expansion.
Many Korean food companies are recognized for their technological expertise and quality management, making them highly competitive internationally.
*The difficulty of establishing a corporation in other countries
The difficulty of establishing a corporation differs by country, but establishing a corporation in South Korea where our headquarters are located is easy.
We can also introduce experienced lawyers and accountants to provide you with peace of mind.
We can guide you in establishing a company in South Korea if you wish.
“Mars Global Expansion Consulting Corporation staff meets these requirements with the knowledge, experience, and connections necessary for overseas expansion.”
Please contact us for further details and conditions.
Dan Soma, CEO of Mars Global Expansion Consulting Corporation,as a member of one of the world’s largest accounting and consulting firms,PriceWaterhouseCoopers, Dan Soma has provided hands-on support to Japanese companies in the finance industry, as well as those looking to expand overseas.
Furthermore, being an expatriate himself, Dan Soma is well-versed in local businesses from various countries.
As Vice President of the Board of Directors at Mars Global Expansion Consulting Corporation, Grace Choi is able to fully utilize the experiences, knowledge, and personal networks she gained through her real-world business ventures.
【Why do we exist? Why should you choose us?】
To share true freedom with our business partners!
True happiness consists of “freedom of time, money, relationships, and location,” and, above all, good health. Nowadays, with advances in AI and technology, many things like ChatGPT are possible. At the same time, it is predicted that many people will lose their jobs.
In this world, we want you to have a stable passive income.
Here, we define labor income and passive income as follows:
■ Labor income: Income received in exchange for providing time and labor.
■ Passive income: Income generated from rights (such as royalties, copyrights, patents, etc.) or assets (such as real estate, securities, business mechanisms, etc.).
We are a group of professionals with diverse experiences from various countries. We want you to take advantage of our network and seize the opportunity to earn stable passive income and achieve true freedom.
Please visit our inquiry and consultation form for more information.