Success Factors of Hardware

Topics: Retailing, Shopping mall, Discount store Pages: 38 (12112 words) Published: January 15, 2013
Philippine School of Business Administration
1029- Aurora Blvd. Cubao, Q.C

Success Factors of Selected Hardware Stores in Cainta, Rizal

In partial fulfilment of the requirements for Fundamental Research Presented by:

Angeles, Ian Kevin M.
Cenal, Jessie Jeff
Garibay, Shiela Marie A.
Keh, April Jay A.
Martin, Mary Grace O.

Dr. Guno
Research adviser/professor

The researchers would have not accomplished this work without the combined efforts of each of the members of the group.

We would like to express our gratitude to the following persons:

Dr. Emma R. Guno, research adviser/professor, for her encouragement, support, suggestions and criticisms, which have contributed a lot for the improvement of our work.

We would also like to acknowledge the 2 panelists, Dr. Carolina D. Ditan and Ms. Magtal, who helped us improve our work.

God Almighty, for the strength and guidance.

Ian Angeles
Jesse Cenal
Aprl Jay Keh
Grace Martin
Shiela Garibay

Table of Contents
Chapter 1 – Introduction
Background of the study
Conceptual Framework
The Research Paradigm
Statement of the Problem
Hypotheses of the Study
Significance of the Study
Scope and Limitations of the Study
Definition of Terms
Chapter 2 – Review of Related Literature
Foreign Literature
Local Literature
Chapter 3 – Research Methodology
Research Design
Locale of the Study
Respondent of the Study
Sample size formula
Research Instrument
Data Gathering Procedure
Statistical Treatment
Chapter 4 – Presentation, Interpretation, and Analysis of Data Chapter 5 – Conclusion and Recommendation
How strong are hardware businesses here in the Philippines? Of all the options of different businesses here, why would a proprietor choose to start a hardware store? Our group has discussed about the topic and we have concluded that hardware store business is an ideal start-up business because it is extremely profitable compared to other businesses. Hardware Retailer will generate positive cash flow during the first year of operations as well as acquire net profit of operations. To generate revenue quickly, you must know what you are getting into. Hardware stores provide consumers with tools and construction materials needed to build, maintain, and improve their homes and properties. Examples of home improvement merchandise are as follows: building materials, electrical supplies, hand and power tools and accessories, hardware, home decorating products, housewares, lawn and garden items, lumber, paint/paint sundries, plumbing/heating/cooling products, sporting goods and more. Everything in this world needs tools or equipment to be built so we can say that hardware supplies are very important in our daily lives. One of the basic necessities in life is shelter, so that means having a hardware store would provide customers with one of their basic needs in life.

Filipinos are very hospitable and warm to their visitors and they really like to entertain and invite them to their homes. Everyone wants their houses big, nice, and elegant. When it’s time for them to start building their dream houses, hardware businesses are the ones who are favoured because these people will obviously buy their materials and equipment needed in building their homes. Those who have already built their homes,still need to maintain and prevent theirs from losing its aesthetic values and the strength of the establishment to avoid future events that might cause any accidents. Filipinos like their houses to look good, that’s why the architectural designs of the houses and establishments here are very good. The Philippine's architectural landscape is a contrast among small traditional huts built of wood, bamboo, nipa, grass, and other native materials. The bahay-kubo (nipa hut) is a...
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