Feasibility Study of Hydroponics as a Home Industry

Kholis, Azizul and Maipita, Indra and Fitrawaty and Herkules and Sagala, Gafar Hafiz and Prayogo, Rangga Restu (2021) Feasibility Study of Hydroponics as a Home Industry. In: Proceedings of the 2nd International Conference of Strategic Issues on Economics, Business and, Education (ICoSIEBE 2021), 06 October 2021, Medan.

[thumbnail of Turnitin.pdf]
Turnitin.pdf - Published Version

Download (1MB) | Preview
[thumbnail of Article.pdf]
Article.pdf - Published Version

Download (232kB) | Preview


This study aims to analyze the feasibility of a hydroponic business on a home industry scale. This research tries to respond to the rising hydroponic farming system, which allows it to be applied as an alternative to a home business. However, this development is not yet optimal for new entrepreneurs because the investment value is relatively high. Meanwhile, a business feasibility study is needed to justify that the high investment value is commensurate with the profitability generated from the hydroponic business. The feasibility study results indicate that the hydroponic business with a home industry scale has excellent profitability. However, despite having a good return ratio, the income generated is relatively small as the primary income. Therefore, there is a need for continuous development in the hydroponic business to increase the production capacity of the hydroponic system. Furthermore, further studies are needed regarding market acceptance of hydroponic products to ensure the company’s sustainability. Nevertheless, this study has provided empirical evidence that the hydroponic industry has potential and financial benefits as an alternative to starting a home-based business.

Item Type: Conference or Workshop Item (Paper)
Keywords: Hydroponics; Home Industry; Feasibility Study
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HF Commerce > HF1021 Commercial geography. Economic geography
T Technology > TX Home economics
Divisions: Fakultas Ekonomi
Depositing User: Mrs Catur Dedek Khadijah
Date Deposited: 18 Oct 2022 09:32
Last Modified: 18 Oct 2022 09:32
URI: https://digilib.unimed.ac.id/id/eprint/48505

Actions (login required)

View Item
View Item