Proceedings of the 1st International Conference of Management and Business (ICoMB 2022)

Business Feasibility and Development Strategy of Oyster Mushroom Farming in Pandowoharjo Village, Yogyakarta

Authors
Bernadus Tresno Sumbodo1, Torikul Mujamil1, Dudi Ducati2, Siti Rochmah Ika2, *
1Faculty of Agriculture, Janabadra University, Yogyakarta, Indonesia
2Faculty of Economics and Business, Janabadra University, Yogyakarta, Indonesia
*Corresponding author. Email: ika@janabadra.ac.id
Corresponding Author
Siti Rochmah Ika
Available Online 10 May 2023.
DOI
10.2991/978-94-6463-160-9_4How to use a DOI?
Keywords
feasibility; business strategy; oyster mushroom; mushroom farming; swot analysis; triple helix
Abstract

This study aimed to determine the feasibility study of oyster mushroom farming in Pandowoharjo Village, Yogyakarta. The present study also seeks to identify a suitable business strategy for oyster mushroom business farming. Pandowoharjo is well-known for the location of Jejamuran Restaurant, a unique and famous eating place destination for travelers, as the menus are all made from fresh mushrooms. So far, the supply of mushrooms has to be imported from outside the region. The local community in the village has not yet been involved in fulfilling the mushroom needs. Therefore, the Pandowoharjo Village Government encourages a collaboration business between the oyster mushroom farmers and Jejamuran Restaurant to improve the economic welfare of residents through the triple helix model. Data were taken from the questionnaires and interviews with the farmers, owner, and manager of Jejamuran Restaurant, community leaders, and officials of Pandowoharjo Village. This research is a descriptive quantitative study that deploys feasibility analysis and quadrant analysis of strategy determination using strength weakness opportunity threat (SWOT) analysis. The feasibility study results reveal that oyster mushroom cultivation in the village can generate an income of Rp. 43,908,480.00 per year, including labour income of Rp. 11,640,000.00 per year. The business is financially feasible with the net present value of benefit and cost flows of Rp. 3,271,562.00 with an internal rate of return (IRR) is 26. 86%, gross benefit per cost ratio (Gross B/C) and net benefit per cost ratio (Net B/C) are 1.03 and 1.43, respectively. The SWOT analysis results show that the coordinates of the strategy in the first quadrant indicate an aggressive strategy is applied to ensure the growth of the mushroom business.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 1st International Conference of Management and Business (ICoMB 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
10 May 2023
ISBN
978-94-6463-160-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-160-9_4How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Bernadus Tresno Sumbodo
AU  - Torikul Mujamil
AU  - Dudi Ducati
AU  - Siti Rochmah Ika
PY  - 2023
DA  - 2023/05/10
TI  - Business Feasibility and Development Strategy of Oyster Mushroom Farming in Pandowoharjo Village, Yogyakarta
BT  - Proceedings of the 1st International Conference of Management and Business (ICoMB 2022)
PB  - Atlantis Press
SP  - 21
EP  - 34
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-160-9_4
DO  - 10.2991/978-94-6463-160-9_4
ID  - Sumbodo2023
ER  -