Indonesian Journal of Small Scale Farming
Vol. 1 No. 1 (2025): Volume 1, Number 1, 2025

Financial Feasibility Of Royal Honey Sakah Bee Agrotourism

Chandra, Dicky (Unknown)
Murdyani, Indah (Unknown)



Article Info

Publish Date
23 Aug 2025

Abstract

BACKGROUND AND OBJECTIVES: Royal Honey Sakah Bee Agrotourism is a beekeeping business established to educate the public about honeybee culture and increase the honey sales profits. However, over time the owner faced challenges in stabilizing honey production to meet sales demand. Therefore, a financial feasibility analysis is necessary to evaluate the viability of the investments made. This study aims to assess the feasibility and sensitivity of Royal Honey Sakah Bee Agrotourism. METHODS: Primary data were collected through interviews with key informants, while secondary data were obtained from relevant sources. Financial feasibility was evaluated using NPV, IRR, Net B/C Ratio, and Payback Period. Sensitivity analysis was conducted under three main assumptions, such as inflation rate, sales decline, and interest rate increase. FINDINGS: Royal Honey Sakah Bee Agrotourism is financially feasible with an NPV of IDR166,134,926; IRR of 21.61%; Net B/C Ratio of 1.09; and a Payback Period of 3 years and 9 months. The business remains feasible under 1.57% inflation and an interest rate increase from 7.5% to 12%. However, a 10% decline in sales would render it unfeasible and potentially result in future losses. CONCLUSION: Royal Honey Sakah Bee Agrotourism must maintain the quality of its honey, as well as the services and educational experiences it offers. It should also consider increasing the number of bee colonies and improving their care, alongside enhancing its promotion and marketing strategies. Through these efforts, it is expected that Royal Honey Sakah Bee Agrotourism can grow sustainably and avoid potential losses in the future.

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Journal Info

Abbrev

ijoss

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Environmental Science

Description

INDONESIAN JOURNAL OF SMALL SCALE FARMING accommodates original thinking. It promotes the wide dissemination of systematic scientific research results in small-scale agriculture, according to the Aim and scope that has been set. The increasingly rapid development of technology means that information ...