Financial sustainability strategies used by a small retail business owners in Samal Island

Abstract

This study investigates the financial sustainability strategies employed by small retail business owners on Samal Island in the Philippines. The research aims to identify the key challenges faced by these businesses and explore the strategies they utilize to overcome them. By examining the practices of successful small businesses on the Island, the study seeks to provide insights into the factors contributing to financial resilience and growth. The findings will be valuable for policymakers, entrepreneurs, and support organizations seeking to promote the sustainability of small businesses in the region. The research methodology will involve a qualitative approach, utilizing interviews and case studies to gather data from a representative sample of small retail business owners. The study will analyze the data to identify common themes and trends in financial sustainability strategies, providing a comprehensive understanding of the challenges and opportunities faced by small retail businesses on Samal Island.