What Are the Types of Enterprises According to Size?

Question 1

These are businesses with total assets of less than 3 million pesos and employ less than 10 people. Some examples of this are sari-sari stores, a food stall, a watch repair stall, etc.

Answer 1

Micro-enterprises

Question 2

These are businesses that have total assets between 3 million pesos and 15 million pesos

only, and employ between 10 and 99 people. Examples can include a small printing press,

restaurant, beauty salon, etc.

Answer 2

Small enterprises

Question 3

These are businesses that have total assets with more than 15 million more. Examples of these are food manufacturing corporation, a large

Answer 3

Medium enterprises