ABSTRACT
The main thrust of this study was to determine the level of cash management practice of micro and small enterprises in the cities of Calamba and Cabuyao and try to figure out the effects of these practices on the business performance specifically their profitability and sustainability. This study used a descriptive correlational design. The total population was 150 respondents with a sample size of 134 respondents which were composed of both owners and the staff of micro and small enterprises clients of the accounting firms. The result showed that not all businesses continuously practice proper cash management. Moreover, a significant relationship between the level of cash management practices and business performance of micro and small enterprises clients in the cities of Calamba and Cabuyao was revealed. The enhanced training and development service program should be implemented for micro and small enterprises in the cities of Calamba and Cabuyao. It could help the business to efficiently and effectively manage its cash to obtain its organizational objectives. Hence, cash management practice could impact the business performance of micro and small-level enterprises.
Keywords: Cash Management Practices, Cash Disbursement and Collection, Cash Budgeting, Cash Flow Forecasting, Business Performance Profitability, Sustainability
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