A Feasiblity Study on the Establishment of Space Squad in Buenamar Subdivision, Barangay Novaliches, Quezon City

Authors

  • LR. T. Araya
  • D. C. Buenafe
  • R. B. Cayumo
  • L. L. Miranda
  • M. B. Santidad
  • Joan O. Bayani, LPT, MBA, SMRIedr

Keywords:

events place, celebration

Abstract

Space Squad is a venue that beckons the beauty and elegance of the City of Love. Its full ceiling features Lovely Camelot, Lyca Storm wind, Ron Fortress and Mary El. The Space Squad includes air-conditioned restrooms, entrance and private lobbies. The parking area is secured within the walled property of the venue to ensure the safety of their guest. All fully air-conditioned venues are designed delicately, the reception venues are breathtaking, the ceiling has a variety of colors and the floors have patterned design that matches the white windows. The metal parts all around the vicinity gives an alluring ambiance which provides a wonderful backdrop for all kinds of events.The researchers used a descriptive and quantitative type of research. This study utilized 100 respondents; household 40, unemployed 26, students 26, youths 14. Most of the possible customers who love to celebrate different occasions live around target area of operation. The proponents created a survey questionnaire. According to this, 96% of the possible customers are willing to find out more about the space squad events place while the remaining 6% of the respondents are not sure. It is very important to know this data in order to predict the success of the business.The business, Space Squad will never run out of clients/customers since people nowadays are willing to rent a place for event celebration instead of buying lands. There are number of reasons for why people tend to consider rental of venues. First the financial inadequacy, because some people may not be able to afford the full price that ownership would require. On the other hand others may not be willing to take a financial risk in terms of ownership, such as the depreciation in value which is resulted from the period of economic instability.

Published

2019-04-01

How to Cite

Araya, L. T. ., Buenafe, D. C. ., Cayumo, R. B. ., Miranda, L. L. ., Santidad, M. B. ., & Bayani, LPT, MBA, SMRIedr, J. O. . (2019). A Feasiblity Study on the Establishment of Space Squad in Buenamar Subdivision, Barangay Novaliches, Quezon City. Ascendens Asia Singapore – Bestlink College of the Philippines Journal of Multidisciplinary Research, 1(1). Retrieved from https://ojs.aaresearchindex.com/index.php/aasgbcpjmra/article/view/1755

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