Open AccessPROFITABILITY ANALYSIS OF SHEEP LIVESTOCK BUSINESS WITH INTEREST-FREE PARTNERSHIP MODEL IN BEKASI DISTRICT
Author(s) -
a Sodikun,
b Sukardi,
Andes Ismayana,
Elisa Anggraeni
Publication year - 2021
Publication title -
international journal of advanced research
Language(s) - English
Resource type - Journals
ISSN - 2320-5407
DOI - 10.21474/ijar01/13675
Subject(s) - general partnership , livestock , profitability index , business , profit (economics) , business model , marketing , agricultural science , finance , economics , microeconomics , environmental science , ecology , biology
The purposes of this studiesare to analyze the implementation of partnership model in thesheep livestock with measure the level of profit and the value of the R/C ratio obtained in the interest-free partnership model of sheep livestock. Currently, sheep livestock are still doing their business in the traditional way, with limited funding. Many breeders use burdensome financing for themselves. Analysis of several models will get the most profitable model. Descriptive analysis aims to describe the implementation of the established partnership. Based on the results of the analysis, the implementation of the partnership model that was carried out was considered good, because there were requirements, an agreement between the two partners, and a clear mechanism for implementing the partnership model in the sheep livestock. However, there is no written agreement regarding the partnership because it only applies the principle of mutual trust. Sheep rearing techniques start from finding feed, providing feed, cleaning the cage, bathing the sheep, to shearing the sheep. While the difference between the three models applied is in the effect of the partnership on the use of drugs and marketing. Based on the results of the analysis of the benefits obtained in the three applied models, the SDK1 model shows a high total profit and a high R/C ratio. Overall, the business of fattening sheep without usury that is run in both SDK1, SDK2, and SDK3 has its own advantages and disadvantages.