LESSON 4:

GOVERNMENT SUPPORT
&
LEGAL REQUIREMENTS
GOVERNMENT SUPPORT
THIS IS THE SUPPORT THAT THE
GOVERNMENT PROVIDES TO
THOSE WHO BUILD BUSINESSES.
BUT WHY IS BUSINESS A PRIORITY FOR
THE GOVERNMENT?
BECAUSE WITHOUT ENTREPRENEURS
MANAGING THESE ENTERPRISES,
THERE CAN BE NO ADDITIONAL
PRODUCTION, INNOVATION AND
CONTRIBUTION TO ECONOMY AND
SOCIAL DEVELOPMENT
S M E D & S M ES

SMALL AND MEDIUM ENTERPRISES DEVELOPMENT

COUNCIL (SMED) - WAS CREATED IN 1991 TO ASSIST
AND HELP SMALL AND MEDIUM ENTERPRISES.

SMALL AND MEDIUM ENTERPRISES (SMES)

-ARE THE BUSINESSES WHOSE PERSONNEL AND
REVENUE NUMBERS FALL BELOW CERTAIN LIMITS
 3 TYPES OF ENTERPRISES
(ACCORDING TO NUMBER OF EMPLOYEE)

SMALL ENTERPRISES : 10-99 EMPLOYEES

MEDIUM ENTERPRISES : 100-199 EMPLOYEES

LARGE ENTERPRISES : 200 OR MORE EMPLOYEES

GOVERNMENT SUPPORT WAS
DIVIDED INTO 4 CATEGORY

FINANCE
MARKETING
TRAINING & HUMAN RESOURCES
DEVELOPMENT
PRODUCT DEVELOPMENT &
TECHNOLOGY ASSISTANCE
 FINANCE
STUDY OF THE SYSTEM ON HOW TO
MANAGE AND HANDLE MONEY

SULONG
MICRO FINANCING PROGRAMS
 GOVERNMENT AGENCIES
SULONG INSIDE SULONG

GOVERNMENT BANKS, LIKE

THE DEVELOPMENT BANK
A UNIFIED SCHEME OF THE PHILIPPINES (DBP)
LAND BANK OF THE
OF GOVERNMENT PHILIPPINES (LBP)
AGENCIES THAT'S SMALL BUSINESS
CORPORATION (SBCORP)
CONNECTED TO QUEDAN AND RURAL
THE BUSINESS CREDIT CORPORATION
PHILIPPINE EXPORT-
ECONOMY IMPORT BANK
NATIONAL LIVELIHOOD
SUPPORT FUND
MICRO FINANCING PROGRAMS

PROGRAMS THAT PROVIDE SMALL

BUT QUICK AND NO-HASSLE LOANS
(UTANG) THAT REQUIRE NO
COLLATERAL (SANGLA ).
CERTIFIED MICRO FINANCING PROGRAMS

1. ASIATRUST DEVELOPMENT BANK

2. DEPARTMENT OF AGRICULTURE-AGRICULTURAL
CREDIT POLICY COUNCIL (DA-ACPC)
3. DEPARTMENT OF SOCIAL WELFARE AND DEVELOPMENT
(DSWD)
4. DEVELOPMENT BANK OF THE PHILIPPINES
5. FOUNDATION FOR A SUSTAINABLE SOCIETY, INC
MARKETING
STUDY ON HOW TO ATTRACT POTENTIAL CUSTOMERS OR
THE PROCESS OF GETTING PEOPLE INTERESTED IN YOUR
COMPANY'S PRODUCT OR SERVICE.

DEPARTMENT OF TRADE AND INDUSTRY (DTI)

-PROVIDE MARKETING SUPPORT TO SMALL ENTERPRISES.

DTI SUPPORT SMALL ENTERPRISES.

BUT IN WHAT WAYS?

EXPOSURE IN LOCAL AND INTERNATIONAL TRADE FAIRS:
PROMOTE & ADVERTISE SE (SMALL ENTERPRISES )
INSIDE AND OUTSIDE THE COUNTRY

PROVISION OF DOMESTIC TRADE DATABASE :

REFERS TO REGULATIONS, POLICIES, OR RULES
ESTABLISHED BY A GOVERNMENT

PROVISION OF EXPORT TRADE DATABASE: IMPORT &

EXPORT, ASSIST ENTERPRISES ENGAGED IN
INTERNATIONAL TRADE
 TRAINING AND HUMAN
RESOURCE DEVELOPMENT

IMPROVEMENT OF EMPLOYEE
PERFORMANCE AND SKILLS TO
ENHANCE THE PRODUCTIVITY,
EFFICIENCY, AND PERFORMANCE
OF MAN POWER
PRODUCT DEVELOPMENT AND
TECHNOLOGY ASSISTANCE

MEANS TO DEVELOP AND

IMPROVE PRODUCT QUALITY,
EFFECTIVENESS, AND SAFETY OF
A PRODUCT
LEGAL REQUIREMENTS

DEFINED AS THE LAW, REGULATION, ORDER, AND

REQUIREMENT OF ANY GOVERNMENTAL
AUTHORITY, WHETHER FEDERAL, STATE, OR
LOCALITY. MUST BE FOLLOWED BECAUSE IT'S
ETHICAL, IT HELPS IN AVOIDING LEGAL TROUBLES
AND BUILD CONSUMER TRUST.
 TYPE OF BUSINESS IN LEGAL
REQUIREMENT REGISTRATION
SINGLE PROPRIETORSHIP- HAS ONLY ONE OWNER AND THE
EASIEST TO REGISTER.

NEW ENTERPRISE / PARTNERSHIP- NEWLY ORGANIZED BUSINESS

OR PARTNERSHIP BUSINESS, WHERE THERE'S MORE THAN ONE
PEOPLE INVOLVE IN THE ENTERPRISE.
- HAS TO BE REGISTERED IN VARIOUS GOVERNMENT AGENCIES

CORPORATION - GROUP OF COMPANIES IN A SINGLE

ORGANIZATION.
- REQUIRES MORE ELABORATE PROCEDURES.
IN WHAT GOVERNMENT AGENCY SHOULD YOU REGISTER?

DEPARTMENT OF TRADE AND INDUSTRY (DTI)

SECURITIES AND EXCHANGE COMMISSION (SEC)

SOCIAL SECURITY SYSTEM (SSS)

COOPERATIVE DEVELOPMENT AUTHORITY (CDA)

BUREAU OF INTERNAL REVENUE (BIR)

REGISTERING WITH THE LOCAL GOVERNMENT

"IN A DEMOCRACY, SILENCE IS NOT
GOLDEN; IT'S A MISSED
OPPORTUNITY. IF YOU DON'T
PARTICIPATE, DON'T COMPLAIN."
~STEWART STAFFORD