Reform is making changes to a system in order to improve it Acceleration is the

Reform is making changes to a system in order to

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Reform is making changes to a system in order to improve it. Acceleration is the act of moving faster or making it quick. Inclusion is covering all members of society. Grocery Stores sell variety of goods and are bigger compared to sari-sari stores Importance of the Study This study will serve as basis for the next package of the tax reform and future tax reforms. This study will give an insight on what challenges seriously affected the business owners and what strategies would be effective in addressing the upcoming packages of the tax reform. 8
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This study will help prepare business owners on the impact of tax reform since TRAIN’s effect is for medium to long-term. This study will also help business analyst to suggest more strategies regarding the implementation of TRAIN Law that would be beneficial for the business owners. For the consumers, this study will provide information of the effect of TRAIN law regarding the prices of goods and not to blame the business owners for they are only following the implementation of the law. Also, this will help consumers to understand that business owners also face challenges with the new tax system. For the business students, this study will provide a lesson on how the business owners face challenges and come up with strategies for their businesses to succeed. This information will help future business owners face tax reforms and succeed in their future businesses. Chapter II DESIGN AND METHODOLOGY This chapter presents the research design in the study, locale and population of the study, data gathering tool, validation of data, data gathering procedures and treatment of data. Research Design The researchers used the quantitative and qualitative design. The researchers used survey technique and interview as tools in gathering information. 9
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Locale and Population of the Study This study was conducted in Central Bontoc. It is conducted in Central Bontoc which is composed of Bontoc Ili, Samoki, Caluttit and Poblacion since Bontoc is the center of trade in Mountain Province and where most business establishments are found. Bontoc is the capital town in Mountain Province. Figure 1. Location Map of the Study The respondents of the study include 13 grocery owners registered with the Local Government of Bontoc since they are the establishment offering wide variety of products and thus the effect of TRAIN law is felt. With the TRAIN law being implemented, additional taxes were imposed on the commodities they are selling which affect smaller stores that purchase their goods from the groceries and also the consumers who purchase their daily needs in the groceries. 10
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Data Gathering Tool This study used the quantitative and qualitative technique where survey questionnaires and interview were used to gather data.
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