Proliferation of convenience stores and financial sustainability of Sari-Sari stores in Cavite /

Montero, Czarina Jane D.

Proliferation of convenience stores and financial sustainability of Sari-Sari stores in Cavite / by Czarina Jane D. Montero and Sherwin I. Santiaguel. - Indang, Cavite : Cavite State University- Main Campus, 2019. - xii, 85 pages : illustrations ; 28 cm.

Thesis (Bachelor of Science in Business Management Major in Financial Management) Cavite State University.

Includes bibliographical references.

College of Economics, Management and Development Studies (CEMDS), Department of Management College of Economics, Management and Development Studies (CEMDS), Department of Management

MONTERO, CZARINA JANE D. and SANTIAGUEL, SHERWIN I. Proliferation of Convenience Stores and Financial Sustainability of Sari-sari Stores in Cavite. Undergraduate Thesis. Bachelor of Science in Business Management. Cavite State University. April 2019. Adviser: Prof. Rowena R. Noceda.

The study was conducted from January to April 2019 to determine the effect of proliferation of convenience stores to the financial Sustainability of sari-sari stores in Cavite. Specifically the study aimed to: identify the demographic profile of San-sari store owners in Cavite; determine the business profile of the Safi-sari stores in Cavite: determine the store attributes of convenience stores: determine the profitability of sari- Sani stores in selected areas of Cavite: Determine the financial performance of San-sari stores in selected areas of Cavite; and determine the effect of the proliferation of convenience stores to the financial sustainability of the sari-sari Stores. Simple regression and descriptive statistical analysis was used on 100 participants.

Based on the results, 40 percent of the sari-sari store owners were middle aged; 66 percent were married: 80 percent were female; and only 19 percent were college graduates. Sari-sari stores were solely owned by an individual: 75 percent had been in operation for 4 to 14 years; 79 percent of sari-sari stores had no employee; 90 percent of the participants had declared that their capital was solely from personal savings. The sari-sari stores in Cavite had a gross profit margin, net profit margin, and operating profit margin of 29 percent, 36 percent, and 21 percent, respectively.

The debt ratio, current ratio, and asset turnover ratio of the Sari-sari stores were 0.05 percent, 0.12 percent, and 1.45 percent, respectively.

The proliferation of convenience stores only had a Significant effect on the operating profit margin of the sari-sari stores.



Finance
Retail trade

332 / M76 2019
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