FINANCIAL FEASIBILITY ANALYSIS OF SMALL-SCALE FISH SMOKING BY FISHERMAN IN HOME INDUSTRIES

• Main Authors: Intyas C.A., Tjahjono A., Fattah M.
• Format: Article
• Language: English
• Published: Russian Journal of Agricultural and Socio-Economic Sciences 2019-12-01
• Series: Russian Journal of Agricultural and Socio-Economic Sciences
• Subjects: profitability; financial feasibility; small-scale fisherman; smoked business
• Online Access: https://rjoas.com/issue-2019-12/article_22.pdf

This research analyzed the profitability of fish smoking in small-scale home industries in Indonesia, and compared businesses run by members and non-members of the business organization Poklashar. Samples were selected using multi-stage cluster sampling. A profitability analysis was carried out by calculating R/C, BEP, net profit and RTC, and the financial feasibility was measured by the NPV, B/C, IRR and PBP. The results of this research showed that home industries run by members of Poklashar had higher profitability and stronger financial feasibility than those of non-members. This was because members received capital loans, business training, management improvement training, and improved marketing strategies from the government, resulting in higher product value.