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Business owner survey on Late Payments

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FOR BUSINESS OWNER ONLY.

This survey is for MSME business owner only or for those who understand the situation of their employer as to the employer's commercial transaction with Large Companies.

If your company has total asset that is less than P100 Million then your business is an MSME.

MSME as defined in Magna Carta, in terms of size of asset:

Micro: Up to P3 Million
Small: Php 3,000,001 – P15 Million
Medium: Php 15,000,0001 – P100 Million

Large: Above P100 Million

This survey's objective is to find out the situation of the Micro, Small and Medium Enterprise (MSME) as to their commercial transactions with large companies, companies with more than P100 Million in asset. We want to know if Large Companies are taking advantage of their position by financing their business by delaying payment or having unfair conditions with the MSME. We understand that finance is one of the big problem of business owners. The result of this survey will be used to recommend solutions that will help the MSME.

 

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