FINDING THE BEST FINANCING OPTION BY EVALUATING THE BUSINESS AND FINANCIAL PERFORMANCE: A CASE STUDY OF PT. ICTINDO MITRA SOLUSI

The need to grow is an important part of a company in order to maintain a presence in the market or to develop. PT. PT ICTindo Mitra Solusi (PT ICT) as a software company that has been established since 2004 wants to grow rapidly in 2023. The management has decided to grow to at least 6 new custo...

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Bibliographic Details
Main Author: Fauzia Cindi Utami, Annisaa
Format: Theses
Language:Indonesia
Subjects:
Online Access:https://digilib.itb.ac.id/gdl/view/71390
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Institution: Institut Teknologi Bandung
Language: Indonesia
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Summary:The need to grow is an important part of a company in order to maintain a presence in the market or to develop. PT. PT ICTindo Mitra Solusi (PT ICT) as a software company that has been established since 2004 wants to grow rapidly in 2023. The management has decided to grow to at least 6 new customers according to the 2023 business plan. The 6 customers are from 3 transportation companies and 3 warehousing companies. The transportation and warehousing segment were chosen because PT ICT assesses that in the business process there are many sides that can be streamlined with the help of technology and innovation from PT ICT, the result of which is software with certain programs that can shorten the company's business processes. Also supported by BPS data in 2022 on transportation and warehousing GDP growth which reached 25.81% makes this segment a segment that has the potential to increase revenue. The revenue of software companies in Indonesia is also expected to grow by around 9.71% and the economic situation in Indonesia will grow by around 5.72% in the third quarter of 2022. Based on some of the supporting data above, this is a good opportunity to innovate and expand the market. Departing from the data above, this study analyzes the business situation (internal and external environment), business model (analysis of the 5 Why's method, SWOT, and PEST), determines alternative funding financing strategies to grow. The result of the alternative financing strategy is that the company will use an aggressive strategy with a best-case scenario that will result in an increase in sales of 82% and a net profit of 143%, this calculation is influenced by the interest rate which for the short term is 8.60% and for the long term 10.50%.