Feasibility study on financing fish pepes farming based on financial management assistance
Keywords:
Business feasibility, Fish pepes, financial management, R/C ratio, Fisheries MSMEsAbstract
This study aims to analyze the feasibility of financing fish pepes farming based on financial management assistance at Pokdakan Dukuh Gangga Sedana in Bunutin Village. The analysis was conducted by calculating production costs, revenue, profits, and financial feasibility ratios using the R/C Ratio and Payback Period. The results show that the total production cost of IDR 10,706,972 with total revenue of IDR 42,000,000 generates a net profit of IDR 31,293,028 per month. The R/C Ratio value of 3.9 indicates that the fish pepes business is very feasible financially. In addition, the Payback Period value of 0.06 years shows that the investment can be recovered in a very short time. Financial management assistance has proven to play a role in strengthening cost efficiency, working capital management, and increasing the capacity of business actors in making financial decisions. Thus, the fish pepes business has strong sustainability potential if supported by appropriate managerial management and marketing strategies.
Downloads
References
Bocken, N. M., Harsch, A., & Weissbrod, I. (2022). Circular business models for the fastmoving consumer goods industry: Desirability, feasibility, and viability. Sustainable Production and Consumption, 30, 799-814. https://doi.org/10.1016/j.spc.2022.01.012
Dadiono, M. S. (2022). Pengantar Biologi Laut.
Deswati, R. H., & Hikmah, H. Keragaan Penerapan Teknologi dan Analisis Kelayakan Usaha Pengolahan Ikan Tuna di Kabupaten Pacitan. Buletin Ilmiah Marina Sosial Ekonomi Kelautan dan Perikanan, 2(1), 29-35.
Dolorosa, E., & Nurliza, N. (2017). Sustainable development of traditional processed fishery products: A feasibility and risk analysis of small-scale businesses in West Kalimantan. In Sustainable Future for Human Security: Environment and Resources (pp. 197-211). Singapore: Springer Singapore.
Harahap, K. S., Primyastanto, M., Soemarno, S., & Rudianto, R. (2024). Financial Feasibility Analysis of llisha elongata Cracker Processing Businesses at Fish Processing Unit in Bengkalis, Riau. In BIO Web of Conferences (Vol. 92, p. 01005). EDP Sciences.
Hidayat, A. F., Baskara, Z. W., Werdiningsih, W., & Sulastri, Y. (2018). Analisa kelayakan finansial usaha agroindustri abon ikan di Tanjung Karang, Kota Mataram. Jurnal Ilmiah Rekayasa Pertanian dan Biosistem, 6(1), 69-75.
Indriasih, D., Rahmatika, D. N., Subroto, S., Fajri, A., & Waskito, J. (2023). Assistance for the Preparation of Financial Statements and Taxes for MSMEs in Tegal City. Mattawang: Jurnal Pengabdian Masyarakat, 4(1), 97-102.
Jelisic, E., Ivezic, N., Kulvatunyou, B., Milosevic, P., Babarogic, S., & Marjanovic, Z. (2022). A novel business context-based approach for improved standards-based systems integration—a feasibility study. Journal of Industrial Information Integration, 30, 100385. https://doi.org/10.1016/j.jii.2022.100385
Maharani, I. Y., Nosita, F., & Asruni, A. (2018). Analisis kelayakan usaha pengolahan ikan pada Industri Kecil Casheila Banjarbaru. Jurnal Ilmiah Ekonomi Bisnis, 4(3), 301-318.
Sartika, S., Lubis, M. M., & Saleh, K. (2022). Analisis Nilai Tambah dan Kelayakan Usaha Pengolahan Ikan Asin (Studi kasus: Desa Percut, Kec. Percut Sei Tuan, Kab. Deli Serdang). AGRISAINS: Jurnal Ilmiah Magister Agribisnis, 4(1), 24-33.
Soekartawi. 1986. Ilmu Usahatani dan Penelitian Untuk Pengembangan Petani Kecil. Universitas Indonesia. Jakarta
Suratiyah, K. (2006). Ilmu Usahatani. Penebar Swadaya. Jakarta.
Susanti, I. A. M. D., & Pratiwi, L. P. K. (2021). Feasibility analysis of pasar rakyat kertha. International Journal of Business, Economics and Management, 4(1), 97-102. https://doi.org/10.31295/ijbem.v4n1.1250
Thoâ, M., Budiyono, B., & Ma'ruf, M. H. (2020). Pendampingan Pengelolaan Manajemen Keuangan Perusahaan Bagi Manajemen PT. Budi Karya Maju. BUDIMAS: JURNAL PENGABDIAN MASYARAKAT, 2(2).
Ubaidillah, A. D., Maulina, I., Pratiwi, D. Y., & Nurhayati, A. (2023). Analys Financial Feasibility Of Koi Fish Sales Business in Java Koi Center, Cimahi City, West Java. Aquasains, 11(2), 1259-1268.
Widiah, Z., Fitriyana, F., & Oktawati, N. O. (2024). Analysis of financial of fishery product processing business in production house “Ibu Siti Rahmah” in Muara Adang Village, Paser Regency. Jurnal Perikanan, 15(4), 2277-2287.
Zopounidis, C. (1999). Multicriteria decision aid in financial management. European Journal of Operational Research, 119(2), 404-415. https://doi.org/10.1016/S0377-2217(99)00142-3
Published
How to Cite
Issue
Section
Copyright (c) 2026 International journal of business, economics and management
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Articles published in the International Journal of Business, Economics & Management (IJBEM) are available under Creative Commons Attribution Non-Commercial No Derivatives Licence (CC BY-NC-ND 4.0). Authors retain copyright in their work and grant IJBEM right of first publication under CC BY-NC-ND 4.0. Users have the right to read, download, copy, distribute, print, search, or link to the full texts of articles in this journal, and to use them for any other lawful purpose.
Articles published in IJBEM can be copied, communicated and shared in their published form for non-commercial purposes provided full attribution is given to the author and the journal. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
