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Msme S

Micro, small, and medium enterprises (MSMEs) in the Philippines are classified based on total asset values, with microenterprises having assets up to 3 million PHP, small enterprises between 3-15 million PHP, and medium enterprises between 15-100 million PHP. MSMEs make up over 99% of all business establishments in the country, with microenterprises being the majority at 88%. The top industries for MSMEs are wholesale/retail, food service, and manufacturing. MSMEs are important for employment and exports. The government supports MSMEs through programs like the Barangay Micro Business Enterprise Act and Go Negosyo Act, which provide incentives and promote ease of doing business.

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JOHN MAYKALE FARRALES
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391 views10 pages

Msme S

Micro, small, and medium enterprises (MSMEs) in the Philippines are classified based on total asset values, with microenterprises having assets up to 3 million PHP, small enterprises between 3-15 million PHP, and medium enterprises between 15-100 million PHP. MSMEs make up over 99% of all business establishments in the country, with microenterprises being the majority at 88%. The top industries for MSMEs are wholesale/retail, food service, and manufacturing. MSMEs are important for employment and exports. The government supports MSMEs through programs like the Barangay Micro Business Enterprise Act and Go Negosyo Act, which provide incentives and promote ease of doing business.

Uploaded by

JOHN MAYKALE FARRALES
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

MICRO, SMALL, AND MEDIUM

ENTERPRISES
ENTERPRISE
ANGLO FRENCH WORD ENTREPRENDRE
“TO UNDERTAKE”
ENTRE – INTER
PRENDRE – TO TAKE
According to the Magna Carta for MSMEs, micro, small, and
medium enterprises are classified based on the worth of the
business assets.
The microenterprises have a total asset up to ₱3,000,000.

The total assets for small enterprises should range from


₱3,000,001 – ₱15,000,000.

For medium enterprises, the total assets are from


₱15,000,0001–₱100,000,000.
Number of MSMEs in the Philippines
The 2018 List of Establishments of the Philippine Statistics Authority
TOTAL = 1,003,111 business enterprises operating in the country.
MSMEs = 998,342 (99.52%)
large enterprises = 4,769 (0.48%).
Micro enterprises = 88.45% (887,272) of total MSME establishments,
small enterprises = 10.58% (106,175)
medium enterprises = 0.49% (4,895).
The majority of the MSMEs can be found in the National Capital
Region (NCR) with 203,312 (20.36%) business establishments.
The top five (5) industry sectors according to the number
of MSMEs in 2018:
1. Wholesale and Retail Trade with 461,765 establishments
2. Accommodation and Food Service Activities with 144,535
establishments
3. Manufacturing with 116,335 establishments;
4. Other Service Activities with 66,162 establishments; and
5. Financial and Insurance Activities with 46,033
establishments.
Contribution of MSMEs on the Philippine
Economy

1. Employment Opportunities

2. Exports Contribution of MSMEs


Government Programs to Support MSMEs

Barangay Micro Business Enterprise (BMBE) Act or R.A. 9178


It encourages the formation and growth of BMBEs (or micro-enterprises) by
granting them incentives and other benefits (i.e., exemption from income tax,
exemption from minimum wage). As defined in the article, Barangay Micro
Business Enterprise refers to any business entity or enterprise engaged in the
production, processing, or manufacturing of products or commodities,
including agro-processing, trading, and services, whose total assets including
those arising from loans but exclusive of the land on which the particular
business entity's office, plant, and equipment are situated, shall not be more
than Three Million Pesos (P3,000,000.00)
Go Negosyo Act or R.A. 10644

The law seeks to promote “job generation and


inclusive growth through the development of MSMEs”
in the country. It promotes “ease of doing business and
facilitates access to services for MSMEs within its
jurisdiction” by establishing Negosyo Centers in all
provinces, cities, and municipalities to promote.
LIST OF MICRO BUSINESS IDEAS IN THE
PHILIPPINES

Trading, merchandising, and retail


Food business
Agriculture and aquatics
Online or web-based businesses
Graphic and design
Arts and crafts
Licensed Professional services
Money and finance
Franchised business
Travel and transportation
Party and events
Pets care
Education
Green business
Other businesses

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