HYPOTHESES

H0: There is no significant relationship between inflation and the struggles of small
business and sari-sari store owners.

H1: There is a significant negative relationship between inflation and the well-being
of small business and sari-sari store owners.

H0: Small business and sari-sari store owners do not significantly change their
behavior in response to inflation.

H1: Small business and sari-sari store owners alter their purchasing behavior to adapt
to inflationary pressures.

H0: Small business and sari-sari store owners do not perceive inflation as a
significant factor affecting their business operations.

H1: Small business and sari-sari store owners perceive inflation as a significant
challenge impacting their business operations.

SIGNIFICANCE OF THE STUDY

The significance of our research lies in its potential to shed light on the challenges
faced by these entrepreneurs, particularly among those who operate within narrow profit
margins and serve low-income communities. By examining how these entrepreneurs navigate
challenges during periods of inflation, we aim to provide valuable insights into their
strategies and decision-making processes.
 Also students can benefit from this study Understanding these challenges can be
valuable for students studying economics, business management, or entrepreneurship as it
offers a practical application of theoretical concepts. Understanding the practical implications
of theoretical concepts through real-world examples can enhance students’ learning
experiences and inspire them to develop innovative solutions to address economic struggles
faced by small businesses.

Further more, for students from low-income backgrounds or those aspiring to become
entrepreneurs, this research can serve as a roadmap for overcoming economic hardships. By
learning from the experiences of these entrepreneurs, students can gain invaluable lessons
and insights into the challenges and opportunities inherent in starting and managing their own
businesses.

Our study has the potential to not only contribute to academic knowledge but also to
empower future generations of entrepreneurs with the tools and knowledge necessary to
succeed in challenging economic environments.

SCOPE AND DELIMITATION

The scope of the study on the economic struggles of small business and sari-sari store
owners amidst the inflation examining the experiences, challenges, and strategies employed
by these entrepreneurs in response to inflation pressures. This includes investigating factors
such as price adjustments, customer behavior changes, and financial management practices.

The study will focus on small businesses and sari-sari stores operating within in Iligan
city area or community to ensure a manageable scope of analysis. It will consider various
types of small businesses, food stalls, and service providers, to capture a diverse range of
experiences.
 However, the study will have some delimitations to maintain focus and feasibility.
Firstly, it will not delve into broader macroeconomic factors driving inflation but rather
concentrate on the micro-level responses of small business owners. Secondly, it will not
explore the impact of other external factors unrelated to inflation, such as natural disasters or
political instability, unless they directly intersect with the study’s focus on economic
struggles.

To follow up, the study may be limited by the availability of data and resources,
particularly in accessing detailed financial information from small businesses. Therefore,
qualitative research methods such as interviews and surveys, may be employed to gather
insights directly from entrepreneurs.

To sum things up, the scope of the study aims to provide a comprehensive
understanding of how small business and sari-sari store owners navigate economic challenges
amidst inflation within a specific context, while acknowledging the inherent limitations and
boundaries of the research.