Small, Medium,

And Large
Scale Business
It is important to study the
classification of business as to the size
based on the worth of the business
assets. In the Philippines, total asset
for micro business worth below
P1,500,001. For the small business,
total assets are from P1,500,001 to
15,000,000.
Medium business has total
assets from P15,000,00 to
P60,000,000. Any business
with assets in excess of
P60,000,000 is considered
large scale.
The choice of which form of
business organization maybe
a personal preference of the
owner, based on his
objective, his available
resources, and the scope of
operations.