Al Tijarah
Vol 7, No 1 (2021)

Business Design and Feasibility of Humblezing Store Branch Establishment in South Jakarta

Alya Raisa Khanza (Universitas Telkom)
Endang Chumaidiyah (Universitas Telkom)
Maria Dellarosawati (Universitas Telkom)



Article Info

Publish Date
27 Dec 2021

Abstract

Feasibility analysis is done to determine a business design is feasible to run. The purpose of this research is to find out if Humblezing established an offline store branch in South Jakarta is feasible or not to run. Humblezing is a clothing line business that sells clothing products such as outerwear, shirts, jackets, pants, and bag with the concept of modern adventurwear. Humblezing sells online and offline with the first store in Bandung. The feasibility measurement pay attention to market aspects, technical aspects and financial aspects which will be projected for 5 years. The tools that used in this research are Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PBP), Sensitivity Analysis and Risk Analysis. Based on the results of the feasibility analysis, show that the NPV value is IDR 185,343,832, IRR 38%, PBP for 3.81 years with a MARR value is 11,25%. Sensitivity measurements on the increase in product costs sensitive at 9.31%, increase in labor costs at 14.07%, decrease in selling prices at 3.19% and decrease in market demand at 2.33%. Furthermore, the estimated accumulated risk of establishing a Humblezing offline store branch includes market risk, operational risk and financial risk is 5.50%.

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Journal Info

Abbrev

altijarah

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Al Tijarah is a semiannually journal published by Department of Management, Faculty of Economics and Management, University of Darussalam Gontor. In line with the objective of the Department and the University, the journal is committed to the development and promotion of contemporary issues in ...