{"title":"Financial Management of Micro, Small, and Medium Enterprises in Cebu, Philippines","authors":"Jose Marie M. Anoos","doi":"10.37745/ejsber.vol8.no.1p53-76.2020","DOIUrl":"https://doi.org/10.37745/ejsber.vol8.no.1p53-76.2020","url":null,"abstract":"The Micro, Small, and Medium Enterprises (MSMEs) play a significant role in developing the Philippine economy by reducing poverty and creating jobs for the country’s growing labor force. This study aimed to unveil the financial management practices and challenges confronting the MSMEs in Danao City, Philippines. This research applied the descriptive correlational research method and conducted among the MSMEs that are operating in Danao City, Cebu. The respondents were the 354 owners and employees of MSMEs. They are chosen using the cluster-sampling technique. This investigation further utilized a researcher-made survey tool to gather vital information on the profile, financial management practices, and challenges faced by the MSMEs. Frequency, simple percentage, weighted mean, Chi-square test of independence, and ANOVA were used to treat the gathered data. The study revealed that the financial management system was moderately practiced. It was concluded that the MSMEs management does not practice the generally accepted standards on the financial management and control of the business, which poses some threats on its sustainability considering that their predominant size, the volume of assets, and revenue earned is low. The researchers strongly recommend that the local government officials enact city ordinance on the vital role of MSMEs in complying with the governmental regulations to improve business transactions in regional offices use the proposed position paper.","PeriodicalId":187487,"journal":{"name":"International Journal of Small Business and Entrepreneurship Research","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126659820","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Financial Deficiency Syndrome and Behaviour of Low Income Earners in Rural Communities of Rivers State, Nigeria","authors":"","doi":"10.37745/ejsber.vol8.no.1p14-38.2020","DOIUrl":"https://doi.org/10.37745/ejsber.vol8.no.1p14-38.2020","url":null,"abstract":"","PeriodicalId":187487,"journal":{"name":"International Journal of Small Business and Entrepreneurship Research","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131684687","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Entrepreneurship Marketing and Performance of SMES in Nigeria","authors":"Ogunode, P. Olatunde, Samuel Niyi, A. Olamide","doi":"10.37745/ejsber.vol8.no.1p39-52.2020","DOIUrl":"https://doi.org/10.37745/ejsber.vol8.no.1p39-52.2020","url":null,"abstract":"The study attempts to examine the influence of entrepreneurship marketing on performance of SMEs in Nigeria. Specifically, the study addresses the following objectives: To examine the influence of entrepreneurial marketing on the growth of SMEs in Nigeria and to investigate the extent to which innovativeness, pro-activeness, opportunity-driven, resource leveraging, risk taking, customer intensity and value creation influence the growth of SMEs in Nigeria. This research adopted a descriptive survey design. All the data used for the study were elicited from the sampled respondents through the use of questionnaire. The study population consists of all the 345 registered SMEs in Delta state, Nigeria. Simple random sampling technique was used to select 120 SMEs which represents the sample size for the study. Multiple regressions were the statistical tool used to test the hypothesis proposed for the study. Data were coded and analyzed using the Statistical Packages for Social Sciences (SPSS version 20.0). The findings of the study show that entrepreneurship marketing is a driven force of economic growth and also helps to enhance the development of new product/service for existing markets. More so, the study reveals that the SMEs operators in Nigeria mostly use traditional form of marketing to reach potential customers and to entrench their brands. Interestingly, only few of them use modern marketing technology to promote their products and services. It was thus recommended that SMEs should take advantage of the emerging global technology to improve their overall performance.","PeriodicalId":187487,"journal":{"name":"International Journal of Small Business and Entrepreneurship Research","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128616532","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}