Financial feasibility analysis study of beef cattle business in Minahasa regency

Abstract

The aim of this research was to study the financial feasibility of beef cattle business in Minahasa Regency. Primary and secondary were used as data sources. The former was obtained directly from interviews using questionnaires, and the latter was collected from related agencies and other relevant references. Sampling was done using purposive sampling based on the largest beef cattle population and at simple random sampling with a total of 120 respondents selected in research locations. Data were descriptively analyzed based on investment criteria. Overall results showed that the beef cattle business in Minahasa Regency is feasibly sustainable because all of the measured parameters have met investment criteria, with the break-even point at 25 ind yr-1 and income gain of IDR 334,069,889, IRR is 33.14% > bank interest rate, B/C Ratio > 1, and Payback Period is 1 year 9 months shorter than the project period of 3 years.