Analysis of the Feasibility of Business Idea Application Services Online Workshop "OT Repair" Specifically for Tire Repair and Oil Change in the Province of DKI Jakarta

Muhammad Rizal(1*), Ruslaini Ruslaini(2), Andrew Subhana(3),

(1) Sekolah Tinggi Ilmu Ekonomi Kasih Bangsa, Indonesia
(2) Sekolah Tinggi Ilmu Ekonomi Kasih Bangsa, Indonesia
(3) Sekolah Tinggi Ilmu Ekonomi Kasih Bangsa, Indonesia
(*) Corresponding Author




DOI: https://doi.org/10.26858/ja.v9i2.43269

Abstract


Transportation vehicles are an important aspect for people in DKI Jakarta to support their daily activities by using private vehicles, both motorbikes and cars. While busy in activities, sometimes vehicle owners forget to check the condition of the vehicle, especially routine tire condition checks and oil changes which then have an impact on vehicle engine damage. The OT Repair business idea is a workshop service business innovation that is presented in the form of an application that focuses on tire and oil repair or replacement services. Through the OT Repair application, vehicle users can use repair services through the application, including booking schedules and choosing the nearest repair shop. This study aims to find out whether the OT Repair business idea is the answer to the needs of the people in DKI Jakarta. Qualitative analysis is used in analyzing non-financial feasibility such as marketing aspects, technical aspects as well as management and legal aspects. Quantitative analysis is used to analyze OT Repair business ideas that can meet community needs and feasibility based on investment criteria. The financial aspect shows the BEP is Rp. 410,636,079, the NPV is Rp. 80,767,898, the IRR is Rp. 13%, a PI of 1.16 and a payback period of 3 years and 3 months. The results of this feasibility analysis show that the OT Repair business is feasible based on market and marketing, technical, and management as well as financial aspects. However, it is not feasible based on legal aspects until the process of establishing the legal entity is carried out.


Keywords


Start-Up; Non-Financial Aspects; Investment Criteri; Feasibility

Full Text:

PDF

References


Ababa, A. (2011). Central statistical agency.

Abduh, M., & Omar, M. A. (2012). Islamic banking and economic growth: the Indonesian experience. International Journal of Islamic and Middle Eastern Finance and Management.

Aguirre-Villegas, H. A., & Benson, C. H. (2017). Case history of environmental impacts of an Indonesian coal supply chain. Journal of Cleaner Production, 157, 47–56.

Alfada, A. (2019). The destructive effect of corruption on economic growth in Indonesia: A threshold model. Heliyon, 5(10), e02649.

Amin, S., Strik, D., & van Leeuwen, J. (2022). A multi-method approach to circular strategy design: Assessing extended producer responsibility scenarios through material flow analysis of PET plastic in Jakarta, Indonesia. Journal of Cleaner Production, 367, 132884.

Aswin, F. A., Ichsan, I. I., & Bachri, N. B. (2021). Intergrative Human Capital Model: Emperical Evidence at the Central Statistics Agency in Aceh Province. E-Mabis: Jurnal Ekonomi Manajemen Dan Bisnis, 22(1), 16–24.

BPS Provinsi DKI Jakarta. (2021). Jumlah Kendaraan Bermotor Menurut Jenis Kendaraan (unit) di Provinsi DKI Jakarta 2019-2021.

Consultant, P. P. Q. M. (2019). Laporan Industri - Industri Ban di Indonesia.

Firman, T., & Fahmi, F. Z. (2017). The privatization of metropolitan Jakarta’s (Jabodetabek) urban fringes: The early stages of “post-suburbanization” in Indonesia. Journal of the American Planning Association, 83(1), 68–79.

Kurniawan, R., & Managi, S. (2018). Economic growth and sustainable development in Indonesia: an assessment. Bulletin of Indonesian Economic Studies, 54(3), 339–361.

Kusuma, H., Hariyani, H. F., & Hidayat, W. (2019). The relationship between crime and economics growth in Indonesia.

Muhammad, A. (2018). Strategy to increase the competitiveness of Indonesia tire industry in the international market. Russian Journal of Agricultural and Socio-Economic Sciences, 84(12), 73–80.

Nurzaman, M. S. (2010). Zakat and human development: an empirical analysis on poverty alleviation in Jakarta, indonesia. Presented on 8th International Conference on Islamic Economics and Finance.

Redman, L., Friman, M., Gärling, T., & Hartig, T. (2013). Quality attributes of public transport that attract car users: A research review. Transport Policy, 25, 119–127.

Seid, Y. M. (2010). Innovations in data dissemination at the central statistical agency of Ethiopia. IASSIST Quarterly, 33(3), 26.

Siman-Tov, M., Radomislensky, I., Group, I. T., & Peleg, K. (2017). The casualties from electric bike and motorized scooter road accidents. Traffic Injury Prevention, 18(3), 318–323.

Sulisworo, D. (2016). The Contribution of the education system quality to improve the nation’s competitiveness of Indonesia. Journal of Education and Learning, 10(2), 127–138.

Supartoyo, Y. H., Tatuh, J., & Sendouw, R. H. E. (2013). The economic growth and the regional characteristics: the case of Indonesia. Bulletin of Monetary Economics and Banking, 16(1), 3–18.

Susanto, Y., Oktovianus, F., Habaora, F., & Riwukore, J. R. (2021). The Effect of Compensation and Competence on Performance with Motivation as a Variable Intervening an Employee in Partners of the Central Statistic Agency, Lubuklinggau City, South Sumatra, Indonesia. Review of Management and Entrepreneurship, 5(2), 113–136.

Tessema, E. A. (2010). The relation between ICT and poverty reduction: the Central Statistical Agency of Ethiopia. Stellenbosch: University of Stellenbosch.

Tirachini, A., Chaniotakis, E., Abouelela, M., & Antoniou, C. (2020). The sustainability of shared mobility: Can a platform for shared rides reduce motorized traffic in cities? Transportation Research Part C: Emerging Technologies, 117, 102707.

Trangadisaikul, S. (2011). Oligopsony in the tire industry: A study of its impacts on the natural rubber industry in Thailand. Thailand and The World Economy, 29(1), 128–169.

Van der Eng, P. (2010). The sources of long-term economic growth in Indonesia, 1880–2008. Explorations in Economic History, 47(3), 294–309.


Article Metrics

Abstract view : 206 times | PDF view : 39 times

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 Muhammad Rizal, Ruslaini Ruslaini, Andrew Subhana

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Article copyright © to the Authors

Jurnal Ad'ministrare: Jurnal Pemikirian Ilmiah dan Pendidikan Administrasi Perkantoran has been Indexed and Abstracted by:

 

Jurnal Ad'ministrare: Jurnal Pemikirian Ilmiah dan Pendidikan Administrasi Perkantoran articles published by the Program Studi Pendidikan Administrasi Perkantoran Universitas Negeri Makassar, and have been peer-reviewed before publication. Read our Plagiarism Policy and the use of this site signifies your agreement to the Terms of Use.

This is a website that publishes an open-access article distributed under Licensed. This work is licensed Creative Commons License under a Creative Commons Attribution 4.0 International License. Website layout and design copyright © by Program Studi Pendidikan Administrasi Perkantoran Universitas Negeri Makassar