Financial strategies of contractors in Binangonan, Rizal calendar year 2015 Joydie C. Aliviado, Arnold E. Marnelego, Jhairo G. Villarin

Thesis BSBA- FM University of Rizal System, Binangonan 2017

includes bibliographical references

This study aimed to determine the financial strategies of contractors in Binangonan Rizal Calendar Year 2015. It focuses on 3 main aspects of financial strategies namely: Fund Allocation, Capital budgeting, and Profit Maximization. The researchers used the descriptive method and a questionnaire checklist in collecting the necessary data to determine the financial strategies of vii fourteen (14) contractors in Binangonan, Rizal. The data was tabulated, analyzed, and interpreted using different statistical treatment such as frequency, percentage and rank distribution, weighted mean and One-Way ANOVA. Based on the data collected with respect to respondents' profile particularly in terms of age, most of them belonged to early adult ( 31 Years old above) with regards to sex most of the respondents were male ; in terms of civil status most of the respondents were married when it comes to educational attainment the majority of respondents were college graduate. With respect to the business profile majority of the business contractors were sole proprietorship; with regards to number of Years of existence most of them have been ten (10 Years below) running their business; with regards to source of capital majority of them have their own capital; in terms of number of employees most of them have ten (10 below number of employees) ; while in terms of gross income majority of the business contractors have Php29, 000,001 to Php30, 000,000. The researchers recommended that in terms of fund allocation, capital budgeting, and profit maximization, business contractors should have a good financial strategies for their business to last, also there must be a skilled personnel posted in monitoring the finance activities responsible enough to make sure the success of present and future projects, another there should be able to realize the significance of the sources of funds and the way it should be allocated hence, It will give way on achieving the organizational goal, viii In addition to this to further study should emphasize on sources acquisitions and allocation of funds of contractors, on other municipal or other town with competitive contractors for additional variables likewise should be taken in consideration it is wise to broaden or gather as much as possible financial strategies. With regards in fund allocation the respondents perceived it as an important factor in their business that's why they have a verbal interpretation of "always" with a grand mean of 4.46. In terms of capital budgeting, the respondents perceived it as "often" with a grand mean of 3.07. Lastly the respondents perceived that profit maximization is also one of the important factors for their business that's why they have a verbal interpretation of "always" with a grand mean of 3.48. To increase the competitiveness of the business against other competitors, there must be wide ranged advertisement to attract more clientele, and lastly to have rightful employees that is good in decision making and someone who can really be trusted.