LAKASABrowsing by Author "Picana, Maria Theresa R."

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Capital investment and financial performance of boarding houses in San Fernando City, La Union
(Don Mariano Marcos Memorial State University – Mid La Union Campus, 2023-05) De Guzman, Rose Ann C.; Nipa, Alma Teresa M.; Laudencia, Christine Mae Q.; Picana, Maria Theresa R.; Villanueva, Mary Joy O.; Parrocha, Hernan L.; Bayani, Keneth G.; Gacayan, Daniel B.; Siong, Venus D.; Quinitip, Tiffany Ruth R.
Boarding houses are businesses engaged in room rentals or residences equipped with appropriate facilities and amenities. This study was conducted to analyze the capital investment and financial performance of boarding houses in San Fernando City, La Union. Data from 47 registered boarding houses were gathered using validated questionnaire and were analyzed using frequency counts, percentage, and financial ratios. Findings revealed that these boarding houses are usually located near a school and hospital/clinic; most of them are sole proprietor who owned the land where the boarding houses were established and are compliant with necessary permits and licenses. Moreover, most of the boarding houses have contingency fund to support their future expenses and have high liquidity, profitability and stability ratios.