Financial management of fish retailers in Binangonan, Rizal calendar year 2016 Danielle Ashley V. Dionisio, Richel F. Elias, Ruby Mae P. Jacobe, Marielle S. Ramirez

Thesis BSBA-FM University of Rizal System, Binangonan 2017

includes bibliographical references

This study aimed to know the financial risk management of fish retailers in Binangonan, Rizal. This was conducted during the Calendar Year 2015-2016. The study use was the descriptive method. A questionnaire-checklist was the primary source of data in this study. The respondents are the 100% fish retailers, the data gathered through the use of questionnaire checklist from 28 respondents by applying various statistical treatments such as frequency, percentage and rank distribution, weighted mean and one way ANNOVA. Based on the result of the study, the researchers found out that majority of respondents are at the age of 34 - 44, female, married, elementary level. The business exists between 6 Years and above, and time of selling of fish is between morning- evenings. The income earned by the fish retailers in a day is below 500. In this study, the researchers concluded in relation to the tested hypothesis, that there is no significant difference on financial risk management in terms of age, highest educational attainment, Years of selling, income and time of selling; however there is a significant difference in terms of sex and civil status. After analyzing the summary of findings and conclusions, the following suggestions are recommended. Males should help or assist females in selling of fish. Since the majority of the retailers are females. And they are not capable in carrying tons of fish from one place to another. Male are more aggressive and capable in terms of doing difficult physical activities. Fish retailers should learn to keep records such as inflow and the outflow of their cash since most of them are borrowing capital to the so called five six (5-6) and to some financial or lending institution. Fish retailers should know how to separate their savings even single peso a day from their daily income. Time will come, their savings will accumulate and soon it will be their own capital, so that they will be free from paying interest due to borrowed capital that may lead to business fall. They must study and finish any courses either vocational courses or four Year courses that are related to their business for them to become more competent and knowledgeable in managing their business efficiently and effectively that may lead them to success.