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Analysis of Business Feasibility Studies in MSMEs Tahu and Tempe Business Success Jaya Mahato Village Tambusai North

Main Authors: Novianisa, Ariela, Syafitri, Kiki, Rahmat, Shah, M. Reynaldi Putra , Efendi
Format: Article info application/pdf eJournal
Bahasa: eng
Terbitan: Basecamp Economics PubMed , 2023
Subjects:
Business Feasibility Study
MSME Development
Tofu and Tempeh Business
Jaya Success
Mahato Village
Online Access: https://basecampecopubmed.com/index.php/injeba/article/view/6
https://basecampecopubmed.com/index.php/injeba/article/view/6/6
ctrlnum article-6
fullrecord <?xml version="1.0"?> <dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><title lang="en-US">Analysis of Business Feasibility Studies in MSMEs Tahu and Tempe Business Success Jaya Mahato Village Tambusai North</title><creator>Novianisa, Ariela</creator><creator>Syafitri, Kiki</creator><creator>Rahmat, Shah</creator><creator>M. Reynaldi Putra , Efendi</creator><subject lang="en-US">Business Feasibility Study; MSME Development; Tofu and Tempeh Business; Jaya Success; Mahato Village</subject><description lang="en-US">To evaluate the feasibility of a business venture, both financial and non-financial factors are taken into consideration. The assessment of feasibility involves analyzing non-financial elements, with a specific focus on production and marketing aspects. The financial aspects of Tofu and Tempeh Sukses Jaya's commercial production were analyzed using metrics such as payback period (PP), net present value (NPV), internal rate of return (IRR), and profitability index (PI) to determine its overall feasibility. Based on the analysis, it was concluded that the business is feasible due to its advantageous location and convenient accessibility. The Tofu and Tempeh Sukses Jaya business appears to be viable due to its strategic and easily accessible location, modern technology, and straightforward production process. Feasibility is ensured by high product quality, imported raw materials, competitive pricing, extensive distribution channels, and effective promotional efforts by the owner to ensure consumer awareness. The financial analysis suggests that the Tempeh Tofu business could be viable over a 10-year project duration with a 10 percent discount rate. According to the evaluation criteria, the business has a 6-month payback period (PP), a net present value (NPV) of IDR 161,565,200, a profitability index (PI) of 1.6%, and an internal rate of return (IRR) of 30%, all of which indicates the business's financial feasibility.</description><publisher lang="en-US">Basecamp Economics&#xA0;PubMed</publisher><date>2023-12-31</date><type>Journal:Article</type><type>Other:info:eu-repo/semantics/publishedVersion</type><type>Journal:Article</type><type>File:application/pdf</type><identifier>https://basecampecopubmed.com/index.php/injeba/article/view/6</identifier><identifier>10.5281/zenodo.10575341</identifier><source lang="en-US">InJEBA : International Journal of Economics, Business&#xA0;and&#xA0;Accounting; Vol. 1 No. 1 (2023): InJEBA (December); 42-50</source><source>3032-3754</source><language>eng</language><relation>https://basecampecopubmed.com/index.php/injeba/article/view/6/6</relation><rights lang="en-US">Copyright (c) 2023 Ariela Novianisa, Kiki Syafitri, Shah Rahmat, Efendi M. Reynaldi Putra</rights><rights lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</rights><recordID>article-6</recordID></dc>
language eng
format Journal:Article
Journal
Other:info:eu-repo/semantics/publishedVersion
Other
File:application/pdf
File
Journal:eJournal
author Novianisa, Ariela
Syafitri, Kiki
Rahmat, Shah
M. Reynaldi Putra , Efendi
title Analysis of Business Feasibility Studies in MSMEs Tahu and Tempe Business Success Jaya Mahato Village Tambusai North
publisher Basecamp Economics PubMed
publishDate 2023
topic Business Feasibility Study
MSME Development
Tofu and Tempeh Business
Jaya Success
Mahato Village
url https://basecampecopubmed.com/index.php/injeba/article/view/6
https://basecampecopubmed.com/index.php/injeba/article/view/6/6
contents To evaluate the feasibility of a business venture, both financial and non-financial factors are taken into consideration. The assessment of feasibility involves analyzing non-financial elements, with a specific focus on production and marketing aspects. The financial aspects of Tofu and Tempeh Sukses Jaya's commercial production were analyzed using metrics such as payback period (PP), net present value (NPV), internal rate of return (IRR), and profitability index (PI) to determine its overall feasibility. Based on the analysis, it was concluded that the business is feasible due to its advantageous location and convenient accessibility. The Tofu and Tempeh Sukses Jaya business appears to be viable due to its strategic and easily accessible location, modern technology, and straightforward production process. Feasibility is ensured by high product quality, imported raw materials, competitive pricing, extensive distribution channels, and effective promotional efforts by the owner to ensure consumer awareness. The financial analysis suggests that the Tempeh Tofu business could be viable over a 10-year project duration with a 10 percent discount rate. According to the evaluation criteria, the business has a 6-month payback period (PP), a net present value (NPV) of IDR 161,565,200, a profitability index (PI) of 1.6%, and an internal rate of return (IRR) of 30%, all of which indicates the business's financial feasibility.
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institution Basecamp Economics PubMed
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library_id 7958
collection InJEBA : International Journal of Economics, Business and Accounting (7958)
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subject_area Economics
Business
Accounting
Auditing
city KOTA PEKANBARU
province RIAU
repoId IOS20053
first_indexed 2024-06-13T08:48:52Z
last_indexed 2024-06-13T08:48:52Z
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