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Profit Sharing Partnership in Beef Cattle Fattening Business (Case Study at Nusa Fauna Company)

In: Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022)

Author

Listed:
  • Dwi Yuzaria

    (Universitas Andalas of West Sumatra, Department of Social Economics, Faculty of Animal Husbandry)

  • Fuad Madarisa

    (Universitas Andalas of West Sumatra, Department of Social Economics, Faculty of Animal Husbandry)

  • Aldo Marpensa

    (Universitas Andalas of West Sumatra, Department of Social Economics, Faculty of Animal Husbandry)

Abstract

The purpose of this study was to analyze 1) the application of technical aspects at Nusa Fauna Cattle Farming business, 2) the income level of beef cattle farmers with a profit-sharing system between capital owners and farmers, and their contribution to the total income of the Nusa Fauna Cattle Farm business, and 3) the effectiveness of the partnership at Nusa Fauna cattle farming business. The current research was carried out through observation and interviews with the research respondents, including 11 farmers who were partner members of the Nusa Fauna Cattle Farming Business. In this case, samples were obtained through a deliberate sampling technique. Furthermore, research data were analyzed using qualitative descriptive methods, particularly the Pearson correlation test. The results showed that the application of technical aspects was classified as moderate, obtaining a score of 66.15% based on the technical guidelines issued by the Directorate General of Livestock (1992). Furthermore, the contribution of income from the livestock business was 22.58% smaller than the primary income of farmers, which was 77.42%, indicating that the business was classified as a side business. In addition, based on the Pearson correlation test that has been conducted, the partnership implemented in the business has been effective. In this case, the variables that had a positive effect on increasing revenue sequentially are facility support, level of education, livestock experience, attitudes towards partnerships, technical aspects, technological support, and age of the cattle farmers. Meanwhile, income and cosmopolitan variables had a negative and insignificant effect.

Suggested Citation

  • Dwi Yuzaria & Fuad Madarisa & Aldo Marpensa, 2023. "Profit Sharing Partnership in Beef Cattle Fattening Business (Case Study at Nusa Fauna Company)," Advances in Economics, Business and Management Research, in: Donard Games & Maruf (ed.), Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022), pages 204-215, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-350-4_20
    DOI: 10.2991/978-94-6463-350-4_20
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