Volume 07 Issue 05 May 2024
1Zulkarnaini, 2Hendrik, 3Khailani
DOI : https://doi.org/10.47191/ijsshr/v7-i05-120
Google Scholar Download Pdf
ABSTRACT
This research was carried out in Galang Baru Village, Galang District, Batam City, Riau Islands Province in February 2023 with the aim of analyzing how much investment, income and profit, and feasibility of an anchovy processing business would be. The method used was a survey with a total of 14 respondents and respondents were taken by census. The results of the research are that the investment spent by Toke for the anchovy processing business on ships has a total value of IDR783,860,000.00. The gross income received by toke from the anchovy processing business on ships amounted to IDR1,103,220,000.00/year and the net income received by toke amounted to IDR353,755,833.33/year. The feasibility of an anchovy processing business on ships using the R/C formula has a value of 1.47, which means the business is feasible to continue, develop and run in the future, the PPC formula gets a value of 2.2, meaning the return on capital in anchovy business activities within 2 year 2 months with an economic life of 10 years, meaning that the return on capital from an anchovy business takes a long time, and the FFR formula gets a value of 45, meaning it is best to invest in that business.
KEYWORDS:Anchovies (Stolephorus sp), Processing, Business
REFERENCES1) Afandi, T. Zulkarnaini. Hendrik. 2022. Financial Feasibility Analysis of Anchovy (Stolephorus sp) Business Using Bagan Tancap Fishing Equipment in Muara Nibung Village, Pandan District, Central Tapanuli Regency, North Sumatra Province. Journal of Fisheries and Maritime Affairs, 28(1), 44-50.
2) Arikunto, S. 2008. Research Procedures, a Practical Approach. Jakarta. Rineka.
3) Ayubi, A. 2021. Physicochemical analysis of anchovy (Stelephorus sp) chili sauce. Papadak Maritime Journal, 2(1), 53-58.
4) Dumaria, SM Purwoko, A. 2012. Risk Study of Anchovy Processing Businesses in Pagurawan Village, Medang Deras District, Batubara Regency, North Sumatra Province. AGRISEP, 11(2), 187–196.
5) Hardito, K. Nainggolan, C. Rahardjo, P. 2021. Feasibility Analysis of an Anchovy Purse Trawl Fleet Business Using a Comparison of Ship Sizes of 5 Gt, 10 Gt, and 15 Gt. Albacore Journal, 5(1), 132-559.
6) Hendrik. 2013. Fisheries Project Feasibility Study. Faculty of Fisheries and Marine Science. Riau University. Pekanbaru.
7) Herlianto, D. 2013. Investment Management Plus Tips for Detecting Fraudulent Investments. Yogyakarta. Goshen Publishing.
8) Khasmir, DJ 2012. Business Feasibility Study. Jakarta. Kencana.
9) Mahfuza, S. Zulkarnaini. Sofyani, T. 2020. Analysis of Anchovy (Stolephorus heterolobus) Processing Business in Bunjung Village, Sungai Apit District, Siak Regency, Riau Province. Pekanbaru. Riau University.
10) Caring. Komang, L. Putra. Mega, JSIP 2015. Capital Market training capabilities moderate the influence of investment knowledge and income on students' investment interest. Scientific Journal of Accounting and Business, 10(2), 64-75.
11) Nainggolan, OV 2018. Analysis of Shoe and Dandal Micro, Small and Medium Enterprises (UMKM) in Bogor. Journal of Development, 5(1), 101-149.
12) Notowinarto. Puspita, L. 2011. Preliminary Study of Estimating Sustainable Stocks of Anchovies (Stoplenphorus spp) in Galang Waters, Batam City. Biology Education. UNRICA.
13) Purwoko, M. 2012. Risk Study of Anchovy Processing Businesses in Pagurawan Village, Medang Deras District, Batubara Regency, North Sumatra Province. AGRISEP, 11(2), 187– 196.
14) Rahim, A., & Hastuti, D. 2007. Agricultural Economics. Self-Help Spreader. Jakarta.
15) Situmorang, M. Andreas. Natariasari, R. 2014. The Influence of Motivation on Interest in Investing in the Capital Market with Investment Understanding and Age as Moderate Variables. JOM FEKOM, 1(2), 1-18.
16) Soekartawi. 2006. Farming Business Analysis. Jakarta. UI Press.
17) Sugara, R. 2016. Wages of Workers by the Public Transport Company PT Putra Kembar Iban in Kapuas Hulu Regency. Yogyakarta. Atma Jaya University, Yogyakarta.
18) Sugiyono. 2017. Business Research Methods (Quantitative, Qualitative and R&D Approaches). Bandung. Alphabet.
19) Wulandari. Ayu, P. Kadek, SN Ayu, PIG 2017. The Influence of Benefits, Facilities, Perception of Convenience, Capital, Return, and Perception of Risk on Students' Interest in Investing Online. Ganesha Education University Accounting Journal, 8(2), 168-174.