BUSINESS FEASIBILITY ANALYSIS CATFISH REARING CULTIVATION (CLARIAS GARIEPINUS) AT THE ROUND POND PT. TIMUR MANDIRI AKUAKULTUR
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Djoko Surahmat(1*)
Fisheries Agribusiness Study Program, Marine Polytechnic and Fisheries Sidoarjo
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Bambang Supriyadi(2)
Fisheries Agribusiness Study Program, Marine Polytechnic and Fisheries Sidoarjo
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Jefry Putri Nugraha(3)
Fisheries Agribusiness Study Program, Marine Polytechnic and Fisheries Sidoarjo
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Dewi Alima Nostalia Suseno(4)
Fisheries Agribusiness Study Program, Marine Polytechnic and Fisheries Sidoarjo
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Kharisma Ergiyanti(5)
Fisheries Agribusiness Study Program, Marine Polytechnic and Fisheries Sidoarjo
(*) Corresponding Author
Keywords:
Feasibility Study, Cat Fish Enlargement Discretion, Venture Eligibility Analysis
Abstract
Business feasibility analysis needs to be done for new businesses that want to open or are already running to provide information and an overview of what a catfish farming business looks like, whether it is still feasible or not to farmers. The purpose of this study is to determine the pattern of catfish enlargement farming business and determine the feasibility of catfish enlargement farming business from market and marketing aspects, technical aspects, management and organizational aspects, economic and social aspects, environmental aspects, and legality aspects, as well as knowing the financial feasibility of catfish enlargement farming business carried out by PT. Timur Mandiri Akuakultur. Financial feasibility analysis method using the method Net Present Value, Internal Rate of Return, Net B/Cand Payback Period. The results of the analysis on non-financial aspects show that the business is still feasible to run and develop. The results of the financial aspect analysis based on the value of the investment criteria obtained that the business is feasible to run and develop.
Keywords: Feasibility Study; Cat Fish Enlargement Discretion; Venture Eligibility Analysis
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References
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Chen, Y., Liu, C., Chen, J., Hu, N., & Zhu, L. (2021). Evaluation on environmental consequences and sustainability of three rice-based rotation systems in Quanjiao, China by an integrated analysis of life cycle, emergy and economic assessment. Journal of Cleaner Production, 310.
https://doi.org/https://doi.org/10.1016/j.jclepro.2021.127493
Cupertino, S., Vitale, G., & Taticchi, P. (2023). Interdependencies between financial and non-financial performances: a holistic and short-term analytical perspective. International Journal of Productivity and Performance Management, 72(10), 3184–3207.
de Oliveira Azevêdo, R., Rotela Junior, P., Chicco, G., Aquila, G., Souza Rocha, L. C., & Santana Peruchi, R. (2021). Identification and analysis of impact factors on the economic feasibility of wind energy investments. International Journal of Energy Research, 45(3), 3671–3697. https://doi.org/https://doi.org/10.3390/su12177173
De Villiers, C., & Sharma, U. (2020). A critical reflection on the future of financial, intellectual capital, sustainability and integrated reporting. Critical Perspectives on Accounting, 70, 101999.
https://doi.org/https://doi.org/10.1016/j.cpa.2017.05.003
Engle, C. R., Hanson, T., & Kumar, G. (2022). Economic history of US catfish farming: Lessons for growth and development of aquaculture. Aquaculture Economics & Management, 26(1), 1–35.
https://doi.org/https://doi.org/10.1080/13657305.2021.1896606
Folorunso, E. A., Rahman, M. A., Sarfo, I., Darko, G., & Olowe, O. S. (2021). Catfish farming: a sustainability study at Eriwe fish farming village in southwest Nigeria. Aquaculture International, 29, 827–843.
https://doi.org/https://doi.org/10.1007/s10499-021-00662-0
Gustiano, R., & Gadis Sri Haryani, H. (2021). Economically Important Freshwater Fish Native to Indonesia: Diversity, Ecology, and History. Journal of Hunan University Natural Sciences, 48(10).
https://doi.org/https://doi.org/10.13057/biodiv/d210414
Iqbal, M., & Dini, W. (2017). Catfish Cultivation Filtration System and Aquaponics. PT. Agromedia Pustaka.
Irawan, D., Sari, Y., & Novayanti, N. (2024). trategy for Developing Aquaculture Villages in East OKU Regency. AJARCDE (Asian Journal of Applied Research for Community Development and Empowerment), 102–107.
https://doi.org/https://doi.org/10.29165/ajarcde.v8i2.397
Kartikaningsih, H., Yahya, Y., Setijawati, D., & Fathoni, H. I. (2022). The behavior of catfish traders on the food safety perspective in Malang Markets, Indonesia. Biodiversitas Journal of Biological Diversity, 23(5).
https://doi.org/http://dx.doi.org/10.13057/biodiv/d230504
López-Felices B, Aznar-Sánchez, J. A., Velasco-Muñoz, J. F., & Mesa-Vázquez, E. (2023). Examining the perceptions and behaviours of farmers regarding the installation of covers over irrigation ponds: Evidence from South-east Spain. Agricultural Water Management, 275.
https://doi.org/https://doi.org/10.1016/j.agwat.2022.107999
Maisharoh, T., & Riyanto, S. (2020). Financial Statements Analysis in Measuring Financial Performance of the PT. Mayora Indah Tbk, Period 2014-2018. Journal of Contemporary Information Technology, Management, and Accounting, 1(2), 63–71. https://doi.org/https://doi.org/10.54957/jurnalku.v3i2.394
Pasch, J., & Palm, H. W. (2021). Economic analysis and improvement opportunities of African catfish (Clarias gariepinus) aquaculture in northern Germany. 13(24). https://doi.org/https://doi.org/10.3390/su132413569
Pratama, G. A. S., Suryani, S. A. M., & Muliarta, I. N. (2023). Potential as Alternative Feed Catfish Cultivation: an Overview. Jurnal Perikanan Dan Kelautan, 28(1). https://doi.org/https://doi.org/10.29406/jr.v11i2.5181
Prihartono, E., Juansyah R, & A. Usnie. (2010). Overcoming the problem of catfish cultivation. PT. Penebar Swadaya.
Pujiastuti, E. (2017). Catfish Technology Increase Profits. PT. Trubus Swadaya.
Siddik, M. A., Howieson, J., Fotedar, R., & Partridge, G. J. (2021). Enzymatic fish protein hydrolysates in finfish aquaculture: a review. Reviews in Aquaculture, 13(1). https://doi.org/https://doi.org/10.1111/raq.12481
Sugiyono. (2018). Statistics for Research . Alfabeta.
Sumardiono. (2014). Internship and Mentoring (G. Romadhona, Ed.; 1st ed.). Panda Media.
Tucker, C. S., & Schrader, K. K. (2020). Off‐flavors in pond‐grown ictalurid catfish: causes and management options. Journal of the World Aquaculture Society, 51(1), 7–92. https://doi.org/https://doi.org/10.1111/jwas.12672
Wetzel, P., & Hofmann, E. (2019). Supply chain finance, financial constraints and corporate performance: An explorative network analysis and future research agenda. International Journal of Production Economics, 216, 364–383. https://doi.org/https://doi.org/10.1016/j.ijpe.2019.07.001
Yıldız, T. D., & Kural, O. (2020). The effects of the mining operation activities permit process on the mining sector in Turkey. Resources Policy. https://doi.org/https://doi.org/10.1016/j.resourpol.2020.101868
Zhao, L., Yang, M. M., Wang, Z., & Michelson, G. (2023). Trends in the dynamic evolution of corporate social responsibility and leadership: A literature review and bibliometric analysis. Journal of Business Ethics, 18(21). https://doi.org/https://doi.org/10.1007/s10551-022-05035-y
Zhu, L., Li, M., & Metawa, N. (2021). Financial risk evaluation Z-score model for intelligent IoT-based enterprises. Information Processing & Management, 58(6). https://doi.org/https://doi.org/10.1016/j.ipm.2021.102692
Published
2024-07-12
How to Cite
Surahmat, D., Supriyadi, B., Nugraha, J., Suseno, D., & Ergiyanti, K. (2024). BUSINESS FEASIBILITY ANALYSIS CATFISH REARING CULTIVATION (CLARIAS GARIEPINUS) AT THE ROUND POND PT. TIMUR MANDIRI AKUAKULTUR. Journal of Management : Small and Medium Enterprises (SMEs), 17(2), 617-636. https://doi.org/10.35508/jom.v17i2.16997
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