IJRR

International Journal of Research and Review

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Case Study

Year: 2022 | Month: June | Volume: 9 | Issue: 6 | Pages: 384-393

DOI: https://doi.org/10.52403/ijrr.20220641

Business Analysis of Investment Feasibility and Risk Mitigation of the “Best Gas” Cooking Stove Business (Case Study of PT Bestindo Jaya Indonesia)

Irvan Agustian1, Wardani2, Rhian Indradewa3, Edi Hamdi4, Lis Sintha5

1,2,3,4,5Master of Management Faculty of Economics and Business - Esa Unggul University, Indonesia. .

Corresponding Author: Irvan Agustian

ABSTRACT

This research was aimed to determine the financial feasibility of the Best Gas cooking stove business and analyze the company’s risk mitigation methods in its business. The methods included financial feasibility analysis and risk assessment analysis. The results showed that PT Bestindo Jaya Indonesia’s finances were feasible with an NPV value of Rp.6,404.249,760, IRR value of 31%, and a payback period of 3.43 years. Based on risk management analysis, the company’s risks were internal and external risks, namely production and distributors. PT Bestindo Jaya Indonesia’s risk mitigation analysis took six stages, namely risk identification, risk assessment, risk evaluation, communication and consulting, recording and reporting, and determination of risk cost. PT Bestindo Jaya Indonesia’s mitigation actions reduced the level of risk impact from high to medium levels and from medium to low levels.

Keywords: Cooking Stove Business, Business Feasibility Analysis, Risk Management, Risk Mitigation .

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