Investment Practices and Financial Challenges of Micro and Small Food Businesses in Guimba, Nueva Ecija: Basis for Sustainability Plan

Abstract

The study examined the investment practices and financial challenges faced by micro and small food enterprises in Guimba, Nueva Ecija. A descriptive-correlational study design was utilized in the study. A total of 40 business owners were purposefully selected to provide data using a structured questionnaire. This questionnaire evaluated factors such as capital allocation, reinvestment, financial planning, financial problems, and sustainability aspects. The results indicate that most firms were categorized as micro-scale, operated with a limited workforce, and produced minimal monthly income. Respondents generally demonstrated positive investing strategies, especially in capital allocation and reinvestment; however, their financial planning methods requires further improvement. The enterprises had considerable financial difficulties, particularly concerning credit accessibility, inconsistent cash flows, and escalating operational expenses. The findings of the study highlights that although micro and small food businesses has responsible financial behaviors, significant financial constraints hinder their long-term suitability.