“Entrepreneurs’ survey at Cagayan State University-Andrews campus, Tuguegarao City”

This research aimed to conduct an Entrepreneurs’ Survey at Cagayan State University-Andrews Campus, Tuguegarao City. Respondents were the 27 entrepreneurs in the University. The descriptive-quantitative research design was used in the study. Data were gathered through the use of a structured and validated questionnaire as the main instrument. The statistical treatment used were frequency counts, percentages, rank, weighted mean and chi-square correlation test. Results of the study revealed that all the respondents are married, female dominated and professionals with a mean age of 48. The businesses are all sole proprietorship in form and most of the owners used personal savings as start-up capital. The mean years in operation is 7. The entrepreneurs’ motivation in business was self-employment. The main financing strategy used in the business was s elling on a cash basis. The entrepreneurs are have high profitability in their businesses. The study revealed that there is a highly significant relationship between age and financing strategies adopted like “selling on a cash basis”, “cutting expenses” and “enter into consignment”. On the other hand, there is a significant relationship between the number of years in operation and set up financial goals as financial strategy while there is an association on selling on cash basis as financing strategy with the number of years in operation. Furthermore, there is no significant relationship between the financial strategies adopted and the respondents’ educational attainment.

The most pressing problems identified were high cost of rent, lack of understanding financial statements, limited space for expansion and completion.