LAKASABrowsing by Author "Ochavez, Jhon Pol D."

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Nurturing financial success:
(Don Mariano Marcos Memorial State University – Mid La Union Campus, 2024-05) Ochavez, Jhon Pol D.; Baguinat, Cherry Mae S.; Borca, Airis F.; Diamante, Danica F.; Parrocha, Hernan L.; Bayani, Keneth G.; Gacayan, Daniel B.; Siong, Venus D.; Quinitip, Tiffany Ruth R.
Retail stores are grocery enterprises that sell canned goods, snacks, dairy products, beverages, condiments, cigars, and household maintenance supplies, such as laundry and cleaning products. The study aimed to determine the bottlenecks in retail store investing and budgeting processes in the City of San Fernando, La Union. A correlational and cross-sectional design was used, and data were gathered from 63 registered retail stores in the City of San Fernando, La Union. Retail stores face high initial costs, insufficient funding, unexpected expenses, market volatility, fluctuating cash flows, predicting short-term needs, fraud, resource management, and accurate forecasting. There is a significant relationship between retail store profiles, capitalization, ownership forms, and bottlenecks in investing and budgeting processes. Changes in retail store capitalization and ownership forms affect the bottlenecks associated with investment cost, asset allocation, and cash budgeting. However, changes in the Number of employees and years in operation do not influence these bottlenecks.