Financial Feasibility of Service-Based Business

In Indonesia, over 6,300,000 toddlers are affected by stunting. Research indicates that the prevalence of stunting among children of working mothers is 30.6%. Despite the associated health risks, many working mothers prefer formula milk as a substitute for breast milk. Mengasihi, a health technology start-up providing breast milk powdering services for personal use, aims to offer babies a simple and effective nutritional solution. This study investigates the financial feasibility of Mengasihi as an early-stage start-up. It was found that cash flow plays a crucial role in start-up failure, impacting long-term organizational success. A feasibility study assessed Mengasihi's financial viability, analyzing internal and external financial conditions using criteria such as Payback Period, Net Present Value (NPV), and Internal Rate of Return (IRR) based on five-year financial projections. The results indicate that the Mengasihi project is financially viable, and an implementation plan was provided as part of the study.

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Publication Details

Journal
Journal Integration of Social Studies and Business Development
Published
2024-08-08
DOI
https://doi.org/10.58229/jissbd.v2i2.241
Primary Topic
Innovation and Socioeconomic Development
Type
article
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article

Financial Feasibility of Service-Based Business

Zakaria Khori Hermawan
Journal Integration of Social Studies and Business Development
Innovation and Socioeconomic Development
article

Financial Feasibility of Service-Based Business

Zakaria Khori Hermawan
article en

Abstract

In Indonesia, over 6,300,000 toddlers are affected by stunting. Research indicates that the prevalence of stunting among children of working mothers is 30.6%. Despite the associated health risks, many working mothers prefer formula milk as a substitute for breast milk. Mengasihi, a health technology start-up providing breast milk powdering services for personal use, aims to offer babies a simple and effective nutritional solution. This study investigates the financial feasibility of Mengasihi as an early-stage start-up. It was found that cash flow plays a crucial role in start-up failure, impacting long-term organizational success. A feasibility study assessed Mengasihi's financial viability, analyzing internal and external financial conditions using criteria such as Payback Period, Net Present Value (NPV), and Internal Rate of Return (IRR) based on five-year financial projections. The results indicate that the Mengasihi project is financially viable, and an implementation plan was provided as part of the study.

Journal Integration of Social Studies and Business DevelopmentVol. 2(2)
Bandung Institute of Technology (ID), School of Business and Management (FR)
Zero hunger
Openalex Percentile: Top 79%
Innovation and Socioeconomic Development
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Financial Feasibility of Service-Based Business — Zakaria Khori Hermawan · Journal Integration of Social Studies and Business Development (2024) | TGRS Research Map | TGRS