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Constraints on Microenterprise Expansion in a Municipality of Bohol

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  • Lorna C. Caballero

    (College of Business and Management Bohol Island State University – Candijay)

  • Jesszon B. Cano

    (College of Business and Management Bohol Island State University – Candijay)

Abstract

Barriers to the growth experienced by one hundred seventeen (117) microenterprise owners (MEO) in Candijay, Bohol as of 2019 were assessed as financial, organizational, external, social, and legal or institutional barriers using a descriptive survey. With the owners’ profile in terms of personal, educational and business position was sought the degree of relationship with perceived barriers on the growth, correlation of length of business operation with the extent of growth barriers, and variance among the growth barriers. The findings would be shared with the local government decision-makers to further improve the business environment in the municipality. The majority of the MEO was female with an average age of thirty-six (36) years old operating for ten (10) years. MEO age had a significant relationship with the perceived barrier on the growth of microenterprise while sex, civil status, and educational attainment had none. There was no significant degree of correlation between the number of years of business operation and the perceived barriers on the growth of microenterprise but there was a significant degree of variance among the five identified barriers on the growth of microenterprise. Legal or institutional barriers was the top barrier that hinders the growth of microenterprise and followed by financial barriers and organizational barriers. The researcher formulated a course of action for entrepreneurs with the support of the local government to address the barriers. Among the proposed actions were facilitating access to credit, products and services innovation, participation in training seminars for business sustainability.

Suggested Citation

  • Lorna C. Caballero & Jesszon B. Cano, 2025. "Constraints on Microenterprise Expansion in a Municipality of Bohol," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(6), pages 5296-5304, June.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-6:p:5296-5304
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    References listed on IDEAS

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    1. Hampel-Milagrosa, Aimée, 2014. "Micro and small enterprise upgrading in the Philippines: the role of the entrepreneur, enterprise, networks and business environment," IDOS Studies, German Institute of Development and Sustainability (IDOS), volume 86, number 86.
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