CONCLUSION

With the preceding findings noted by

the researchers the following conclusions
were drawn:
Majority or 40% has line businesses
of sari-sari store. Bakery, Motor parts, and
Retail Store have the same percentage of 10.
Aside from that, they have also Gardening
and pottery, Boutique, Renting (vehicles),
Canteen, Hardware store, Computer shop,
Water station and General Merchandise, all
of these businesses has 3.33 percentages.
The findings of the distribution of
businesses in terms of business size based
on assets can be considered reflective of the
results of the 2016 MSME statistics. The
2016 MSME Statistics show that 36.67
percent of business enterprise in Barangay

Among the businesses surveyed, 16.67% has

an asset ranging 41,000 to 50, 000 and
6.67% in 1, 000 to 4,000.
On

the

other

hand,

most

micro

enterprises on the said barangay used their

savings to put up their business that has a
percentage

of

73.33%.

13.33%

of

respondents surveyed stated that they get

their money from Bank loans. Borrowing
money from 56 and lending help the other
entrepreneurs to start a business.
Furthermore, the number of years
operating the business, majority or 60
percent had been running 1 to 5 years. And
those operating 6 to 10 years have a
percentage of 20. 3.33% both 11 to 15 and
16 to 20 years of operation. Others just
started few months ago.

Matatalaib with an asset ranging 5,000 to

Some of the businessman operating

10,000. Reflective with it, majority of

their business by themselves and has a

respondents had (20%) with total assets

percentage of 53.33 while 46.67% of the

more than 11, 000 but less than 20,000.

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surveyed population are managing their

Whether they like it or not because they are

business with workers.

violating the law.

The most difficult requirements to

In determining if a business is

obtain by the respondents was DTI (50%).

registered or not, an enterprise should have

56.67% of respondents on the other hand

all of the required permits (DTI permit,

stated that they found requirements from the

Mayors permit, BIR permit).

BIR. Of the 17 respondents who said that

they had requirements for BIR, 66.67% or
20

respondents

requirements

for

said

that

Mayors

they

had

permit

and

In addition to this, the said

requirements should be renew annually
using the calendar year which falls every
January 1st of the operating year.

26.67% dont comply at all.

In respond to the problems
RECOMMENDATIONS
Based

from

the

encountered, we recommend to limit the

we

signatories required and the requirements

recommend that the respondents should

being asked by the national agencies, make

comply with the regulatory requirements

the signatories and form readily available,

that are needed, complying with these

forms should be easily to fill up, steps and

requirements gives them the access to

procedures should be easily to abide,

overcome their obstacles or difficulties in

obtaining clearances and the transaction

terms of finance, trading and human

time should be just enough to cope up with

resource.

the planned date of operation.

Moreover,

conclusions,

an

unregistered

business may force to stop the operation.

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