MSME Diagnostic Readiness Evaluation

Commercial Trade Readiness Quiz

Answer all 8 questions to see planning suggestions based on your own responses.

Pillar 1: Legal & Regulatory Governance

1. What is the current legal registration status of your business?

DTI Business Name Registered or SEC Incorporated with active Barangay/Mayor's Permit DTI BNR Certificate only (Barangay or Mayor's Permit still pending) Informal/unregistered vendor

2. Are you registered with the Bureau of Internal Revenue (BIR Form 2303)?

Yes, active BIR 2303 with registered official commercial receipts/e-invoices TIN registered, but no official receipt booklet printed No BIR registration yet

Pillar 2: Financial Documentation & Banking

3. How do you handle business transactions and banking?

Dedicated commercial business bank checking account separate from personal funds Personal bank account or e-wallet (GCash/Maya) used for both business and personal expenses Cash-only transactions with no bank records

4. Can your business extend commercial credit terms (e.g., Net 30 days) to bulk buyers?

Yes, we have established cashflow reserves to support Net 15 or Net 30 day purchase orders We require 50% downpayment upon PO issuance, with balance upon delivery 100% upfront cash payment strictly required before starting production

Pillar 3: Digital Inventory & Production Capacity

5. How do you track finished goods inventory and raw material stock?

Digital POS, spreadsheet software, or specialized cloud inventory with SKU barcodes Manual paper logbook or notebook updated at end of the week No formal inventory tracking; mental estimates only

6. Do you have a standardized Bill of Materials (BOM) and defined Minimum Order Quantity (MOQ)?

Yes, accurate unit cost breakdown and documented wholesale volume pricing tiers Estimated costs based on market competitors without exact ingredient measurements Ad-hoc pricing negotiated individually for every customer

Pillar 4: Packaging & Trade Documents

7. What packaging and labeling standards do your products adhere to?

Retail-ready packaging with GS1 barcode, nutritional/material contents, and batch lot numbers Basic printed label on clear plastic pouches or generic kraft boxes Plain unlabeled packaging

8. Does your business hold documents relevant to its products or target buyers?

Yes, current permits, registrations, or certifications relevant to our products or target buyers Applications or related training are in progress We have not identified any additional documents yet

Self-assessment complete

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MSME Diagnostic Readiness Evaluation

Commercial Trade Readiness Quiz

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