Table 4.4.1 Implications of The Findings On The Study
Table 4.4.1 Implications of The Findings On The Study
Table 4.4.1
Implications of the Findings on the Study
Areas of concern Findings Implication Persons Involved Recommended
courses of Action
Capital Management For capital To know and Owner Owners/Investors must
management, it has a understand that capital take into consideration
composite mean of 3.12 is an important tool for Employee the amount of capital
and the respondents evaluating safety and they will invest I the
agree that it is a soundness of a firm and Customer business and how this
determinant of that capital financing capital would actually
profitability of food cart Franchisor be managed.
franchising business.
Expenses Management For expenses To review expenses Investors They need to study their
management, it has a and determine which business operations
composite mean of 3.35 ones can be safely specifically on how they
and he respondents reduced or eliminated manage their expenses
agree that it is one of without having a for cost-cutting
the factors of negative impact on purposes hence
profitability of profits. increasing their
franchising business. profitability.
Liquidity Management For liquidity To know and They must maintain a
management, it has a understand the role and good liquidity standing
composite mean of 3.29 impact of liquidity and must take into
and the respondents management in the consideration on
agree that it is a successful functioning implementing systems
determinant of of a business on how their asset could
profitability of food cart quickly converted into
franchising business. cash.
Competition For competition, it has a To understand and be The evaluation of
composite mean of 3.10 aware that competition policies to find those
and the respondents can potentially make the unnecessarily restricting
agree that it is a business more unstable competition in order to
determinant of develop alternative
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