Analysis Of The Feasibility Of Gouramy Fish Enlargement (Case Study: Galuh City Village, Serdang Bedagai Regency)

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Analysis of the Feasibility of Gouramy Fish Enlargement (Case Study: Galuh City Village, Serdang Bedagai Regency)

Introduction

The village of Galuh City, located in Serdang Bedagai Regency, has been a hub for gouramy fish farming, providing a significant source of income for the local community. The business of gouramy enlargement has been the focus of research conducted by Athalla Ariq Trianda in the thesis entitled "Analysis of the Feasibility of Gouramy Fish Enlargement." This study aimed to analyze the feasibility of gouramy fish cultivation, which is one of the main sources of income for the villagers. The research was guided by Mr. Dr. Ir. Satia Negara Lubis, M.Ec, and Mr. Ir. Sinar Indra Kesuma, M.Sc.

The Feasibility of Gouramy Fish Enlargement Business

Gouramy is one of the fisheries commodities that has bright prospects. The feasibility of gouramy fish enlargement business can be assessed from several aspects, including cost efficiency and comparison between total revenue and total costs. In the village of Galuh City, gouramy fish farming not only provides economic benefits for farmers, but also contributes to improving family welfare and local economy. The business of gouramy enlargement has the potential to benefit financially and can have a positive impact on the village economy as a whole.

Research Purposes

The main purpose of this study is to identify the availability of inputs needed for gouramy fish business, such as land, capital, labor, seeds, and feed. In addition, this study aims to determine whether the business of gouramy enlargement in this area is feasible to be developed. The research method used is purposive sampling, where the research location is determined based on certain considerations, namely the existence of significant gouramy fish farming business.

Research Methodology

The analysis method applied includes Break Even Point (BEP) and R/C (Return Cost Ratio) ratio. The BEP is a point at which the total revenue equals the total cost, while the R/C ratio is a measure of the profitability of the business. The R/C ratio is calculated by dividing the total revenue by the total cost.

Research Results

The results showed that all production inputs, such as land, capital, seeds, labor, and feed, were well available in the village of Galuh City. Based on the feasibility analysis, the gouramy enlargement business is declared feasible to be carried out. This is indicated by several indicators, including production volumes that exceed the break-even point (BEP production), the selling price is higher than the price-even price (BEP price), and the R/C ratio greater than 1.

Conclusion

In conclusion, the business of enlarged gouramy in the village of Galuh City, Serdang Bedagai Regency, is worth developing. The availability of all production inputs and positive feasibility analysis results shows that gouramy fish farming can be a sustainable source of income for local communities. This research is expected to be a reference for farmers and stakeholders to develop this business further, so as to improve the welfare of the community and the village economy.

Recommendations

Given the bright prospects for this business, it is important for business actors to continue to improve the skills and knowledge in gouramy fish farming, as well as adopting the best practices to achieve optimal results. The government and local authorities should also provide support and incentives for gouramy fish farming, such as providing training and facilities for farmers.

Future Research Directions

Future research should focus on the following areas:

  • Market analysis: Conduct a market analysis to identify the demand for gouramy fish and the potential market size.
  • Production optimization: Optimize the production process to increase efficiency and reduce costs.
  • Value chain analysis: Conduct a value chain analysis to identify the key players and activities involved in the gouramy fish value chain.
  • Sustainability: Conduct a sustainability analysis to identify the environmental and social impacts of gouramy fish farming.

Limitations of the Study

The study has several limitations, including:

  • Sample size: The sample size is limited to the village of Galuh City, which may not be representative of other areas.
  • Data collection: The data collection method used is purposive sampling, which may not be representative of the entire population.
  • Analysis method: The analysis method used is BEP and R/C ratio, which may not be comprehensive.

Conclusion

In conclusion, the business of enlarged gouramy in the village of Galuh City, Serdang Bedagai Regency, is worth developing. The availability of all production inputs and positive feasibility analysis results shows that gouramy fish farming can be a sustainable source of income for local communities. This research is expected to be a reference for farmers and stakeholders to develop this business further, so as to improve the welfare of the community and the village economy.
Q&A: Analysis of the Feasibility of Gouramy Fish Enlargement (Case Study: Galuh City Village, Serdang Bedagai Regency)

Frequently Asked Questions

We have received many questions from readers regarding the analysis of the feasibility of gouramy fish enlargement in the village of Galuh City, Serdang Bedagai Regency. Below are some of the most frequently asked questions and their answers.

Q1: What is the main purpose of this study?

A1: The main purpose of this study is to identify the availability of inputs needed for gouramy fish business, such as land, capital, labor, seeds, and feed, and to determine whether the business of gouramy enlargement in this area is feasible to be developed.

Q2: What is the research method used in this study?

A2: The research method used in this study is purposive sampling, where the research location is determined based on certain considerations, namely the existence of significant gouramy fish farming business.

Q3: What are the indicators used to assess the feasibility of gouramy fish enlargement business?

A3: The indicators used to assess the feasibility of gouramy fish enlargement business include production volumes that exceed the break-even point (BEP production), the selling price is higher than the price-even price (BEP price), and the R/C ratio greater than 1.

Q4: What are the benefits of gouramy fish farming?

A4: The benefits of gouramy fish farming include providing economic benefits for farmers, improving family welfare, and contributing to the local economy.

Q5: What are the limitations of this study?

A5: The study has several limitations, including a limited sample size, data collection method used is purposive sampling, and analysis method used is BEP and R/C ratio.

Q6: What are the recommendations for future research?

A6: Future research should focus on the following areas: market analysis, production optimization, value chain analysis, and sustainability.

Q7: What are the implications of this study for policymakers and stakeholders?

A7: The study has implications for policymakers and stakeholders, including the need to provide support and incentives for gouramy fish farming, such as providing training and facilities for farmers.

Q8: What are the potential applications of this study?

A8: The study has potential applications in the following areas: gouramy fish farming, aquaculture, fisheries management, and rural development.

Q9: What are the future prospects for gouramy fish enlargement business?

A9: The future prospects for gouramy fish enlargement business are bright, with the potential for increased demand and revenue.

Q10: What are the next steps for this research?

A10: The next steps for this research include conducting further studies on the market analysis, production optimization, value chain analysis, and sustainability, and providing recommendations for policymakers and stakeholders.

Conclusion

We hope that this Q&A article has provided helpful information and answers to your questions regarding the analysis of the feasibility of gouramy fish enlargement in the village of Galuh City, Serdang Bedagai Regency. If you have any further questions or would like to know more about this study, please do not hesitate to contact us.