Financial Feasibility Analysis for the Development of Honey Beeper and Bali Cattle Business Based on Forest Areas in Konawe Islands Regency

Abstract

, This research aims to determine the bussines development feasibility of the honey bee livestock and Bali cattle, Konawe Islands Regency, Southeast Sulawesi Province. This research is conducted in seven districts. Respondents are determined by Simple Random Sampling. 10 respondents will be randomly selected in each district, so that the total number of respondents in this study is 70 people. Honey bee livestocks and Bali cattle business will be analyzed using investment feasibility analysis, namely Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit Cost Ratio (BCR) and Pay Back Period (PBP). The results of the feasibility analysis of the business of Honeybees and Balinese cows show that the calculation of Net Present Value (NPV) obtained a positive NPV value at a discount rate of 56% of Rp. 106,378,-. For investment assessment using IRR criteria shows the number of IRR where NPV equals zero is 56.12%. Then for the investment criteria BCR shows the value of BCR = 1,002. Furthermore, based on pbp assessment criteria the acceptance rate can cover the overall cost of investment for 3 Years and 6 Months. Based on the overall results of the investment criteria assessment, it can be concluded that the business of honeybeeper and Bali cattle based on forest areas in Konawe Islands Regency is worth implementing.