Proceedings of the International Conference on Science and Technology (ICOSAT 2017)

Financial Feasibility Analysis of Trigona Honey Bee Business in Banten Province

Authors
Dr Elpawati
Corresponding Author
Dr Elpawati
Available Online August 2017.
DOI
https://doi.org/10.2991/icosat-17.2018.4How to use a DOI?
Keywords
Beekeepers, Financial feasibility, Banten Province
Abstract
This research aimed to study the financial feasibility in the Trigona sp honey bee business in Banten Province, by calculating the Net Present Value (NPV), the Net Benefit Cost Ratio (Net B/C), the Internal Rate of Return (IRR), and the Payback Period (PP) from the Trigona sp honey beekeepers in Banten Province. Data types and data collection methods include primary and secondary data from governmental institutions and related departments. This research found the financial feasibility of the honey beekeepers and obtained the average Net Present Value (NPV), i.e. Rp 4.021.848. The NPV > 0 indicated that business is feasible. The Benefit Cost Ratio (BCR) was 2,84 and the Internal Rate of Return (IRR) was 45,7% > loan interest, indicated that the Trigona honey bee business in Banten Province is feasible with 2,7 years of investment return time.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Dr Elpawati
PY  - 2017/08
DA  - 2017/08
TI  - Financial Feasibility Analysis of Trigona Honey Bee Business in Banten Province
BT  - International Conference on Science and Technology (ICOSAT 2017) - Promoting Sustainable Agriculture, Food Security, Energy, and Environment Through Science and Technology for Development
PB  - Atlantis Press
SN  - 1951-6851
UR  - https://doi.org/10.2991/icosat-17.2018.4
DO  - https://doi.org/10.2991/icosat-17.2018.4
ID  - Elpawati2017/08
ER  -