The critical failure factors (CFFs) affecting the premature closure of microbusinesses (MBs) remain an understudied field in the scientific community. This led to the prevalent issue of rapid and continuous failure rate among MBs which necessitates the need to produce more studies to aid this sector considering its implications for employment generation, idea innovation, and an overall increase in the gross domestic product (GDP) in a country. This paper focuses on the investigation of the importance ratings of the linkage and driving CFFs across the food and clothing industry in Cebu City, Philippines. Using a Mann-Whitney U-test, the key results showed there no exist a significant difference in the importance rating of the CFFs between the two MB types. In addition, the statistical analysis showed a higher mean-rank of importance rating in the food industry compared to the clothing industry. This concludes that policymakers need not to further introduce a specific government program depending on the MB type. Furthermore, more emphasis should be geared towards the food MBs considering that it establishes a higher mean-rank rating in the CFFs and are therefore more prone to premature closures.