Financial Feasibility Analysis of Trigona Honey Bee Business in Banten Province
- Dr Elpawati
- Corresponding Author
- Dr Elpawati
Available Online August 2017.
- https://doi.org/10.2991/icosat-17.2018.4How to use a DOI?
- Beekeepers, Financial feasibility, Banten Province
- 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.
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 -