Lecture 1 Definition of Business Feasibility Study

1. Lecture 1Definition of Business Feasibility Study Matakuliah : Business Feasibility Study Tahun : 2012 Versi : Revisi 5 http://hadylie-stiebuddhi.vv.si/

2. 01 MATERIAL Studying mechanism Rule and studying discipline Definition and activity process Understanding “Business Feasibility Study” The importance of investing The reason studying Business Feasibility http://hadylie-stiebuddhi.vv.si/

3.  Reading Books : Kasmir dan Jakfar,(2003),Studi Kelayakan Bisnis,Penerbit Prenada Media Jakarta. Bab. 1 hal. 3-32  Online Readings : • http://www.bi.go.id • http://www.bps.go.id • http://www.worldwidelearn.com/investment-education.htm • http://www.investopedia.com/ • http://ruralinstitute.umt.edu/training/publications/ monographs/partnership/assistance.asp http://hadylie-stiebuddhi.vv.si/

4. 01  Understanding Business Feasibility Study  Investment understanding Based on William F. Sharfe,investmentis about sacrificing money now for the money in the future.  Kinds of investment : 1. real investment2. financial investment http://hadylie-stiebuddhi.vv.si/

5. 01 Project understanding GenerallyProjectis a kind of activity which involves many resources that are available within a particular bucket (organization) in a particular period of time to do an activity that has been assigned before or to achieve a particular goal. http://hadylie-stiebuddhi.vv.si/

6. 01  Project’s activities include : • Building of new facilities • Repairment of current facilities • Research and development  How do projects appear : • A market demand • To increase a product’s quality • Government’s activity http://hadylie-stiebuddhi.vv.si/

7. 01 Business Understanding Is an activity or effort that had been done to get benefit based on a purpose and the target business that was done in order to achieve profit according to the goal and the target aimed in many aspects, whether it be quantity or time.  Profit is the main reason within a business, whether it be short term or long term. http://hadylie-stiebuddhi.vv.si/

8. 01 Understanding Business Feasibility Study  An thorough study of an activity or a business that would be undertaken, it is done so in order to decide whether the business is feasible or not to be undertaken. http://hadylie-stiebuddhi.vv.si/

9. 01 Factors That Causes Failure in Business Data and information that are not sufficient Not thorough Miscalculation Wrong direction of work Environment condition Element of deliberateness http://hadylie-stiebuddhi.vv.si/

10. 01 Preventing Business Failure Fulfilling and also the accuracy of data and information taken Specialist workers that are used are reliable and good Selecting the right methods and measuring tool. Loyalty from the Business Feasibility Study team http://hadylie-stiebuddhi.vv.si/

11. 01 Business Benefits Achieving profits  Providing employment Providing facilities  Opening geographic isolation Increasing unity and helping the solidity of development http://hadylie-stiebuddhi.vv.si/

12. 01 Economy Benefits Increasing amount of goods and services  Increasing the product’s quality Increase in devisa  Saving in devisa http://hadylie-stiebuddhi.vv.si/

13. 01 The Reason Studying Business Feasibility • Avoiding non-profitable risks • Makes planning easier • Makes initiating work easier • Makes watching over staff easier • Makes controlling easier http://hadylie-stiebuddhi.vv.si/

14. 01 Organizations that needs Business Feasibility Study • Business owners • Creditor • Government • The citizen • Management http://hadylie-stiebuddhi.vv.si/

15. 01 Aspects in Evaluation • Law aspect • Market and marketing aspect • Financial aspect • Technic/Operation aspect • Management/Organization aspect • Sosial economics aspect • Environmental issue aspect http://hadylie-stiebuddhi.vv.si/

16. 01 Evaluation aspect schemes Law Aspects Market & Marketing aspects Financial Aspects Feasibility Study Aspect Result Operation/Technical aspect Management aspect Social/Economic aspects Enviro aspects http://hadylie-stiebuddhi.vv.si/

17. 01 Steps in Business Feasibility Study • Acquiring Data and Information • Data Processing • Data analysing • Decision making • Reccomendation http://hadylie-stiebuddhi.vv.si/

18. 01 Steps of Business Feasibility Study Scheme Acquiring Data Processing Data Analysing not feasible Decission Making Abborted feasible Recomended Under Taken http://hadylie-stiebuddhi.vv.si/

19. 01 Data & Information Resources • Economic and business publication taken from newspaper and magazine • Indonesia bank publication, Unity of private national banks (PERBANAS) and other financial organizations • Badan Koordinasi Penanaman Modal (BKPM), Badan Pengelola Pasar Modal (Bapepam) • Biro Pusat Statistik (BPS) • Asosiasi Industri dan dagang yang membawahi jenis usaha yang sejenis • Lembaga-lembaga penelitian seperti LIPI ataupun swasta • Departemen Teknis. (mis: jika usaha pertanian maka dari Departemen Pertanian) • Universities dan TAFEs • Other official resources http://hadylie-stiebuddhi.vv.si/

20. 02 Thank You….See you on lecture number http://hadylie-stiebuddhi.vv.si/