Financial Planning and Investment Feasibility Analysis of the Warehousing Startup Company Secure Stash

Authors

  • Helmy Hendra Kusuma Universitas Esa Unggul
  • Rhian Indradewa Universitas Esa Unggul
  • Edi Hamdi Universitas Esa Unggul
  • Muhammad Dhafi Iskandar Universitas Esa Unggul

DOI:

https://doi.org/10.29407/e.v12i2.27504

Keywords:

financial planning, investment feasibility, warehousing services, startup business, IRR, NPV

Abstract

This study examines the financial planning and investment feasibility of Secure Stash, a technology-based startup operating in the warehousing service industry. Amid the rapid digital transformation and the expansion of e-commerce, modern warehousing supported by digital and Internet of Things (IoT) systems has become a critical component of efficient logistics and supply chain management. This research contributes by integrating a technology-driven business context with a comprehensive financial feasibility assessment, providing empirical insight into how digital warehousing startups can achieve sustainable financial performance. The study employs a descriptive quantitative approach using internal financial planning data of Secure Stash, including projected revenues, operating costs, capital structure, and investment requirements. Investment feasibility is evaluated using Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), and Weighted Average Cost of Capital (WACC). These methods allow for a systematic assessment of both profitability and capital efficiency under startup conditions. The results indicate that the Secure Stash project is financially viable, with a positive NPV, an IRR exceeding the WACC, and a payback period within a reasonable timeframe for logistics startups. This study highlights the importance of integrating digital technology considerations with sound financial planning to support informed investment decisions and long-term business sustainability in the warehousing service sector.

Abstract views: 4 , PDF downloads: 0

References

Abdilah, M., Syah, T. Y. R., Sunaryanto, K., & Iskandar, M. D. (2024). Strategi pemasaran digital dalam industri logistik pada Warelogi. Manajemen Strategis Terkini, 6(1).

https://doi.org/10.38043/mst.v6i1.5123

Brigham, E. F., & Houston, J. F. (2009). Fundamentals of financial management (12th ed.). South-Western Cengage Learning.

Gultom, M., Hamdi, E., & Iskandar, M. D. (2025). Perencanaan strategi dan pemasaran PT ESP dalam memanfaatkan tandan kosong kelapa sawit (TKKS) sebagai alternatif bahan bakar terbarukan. Jurnal Ilmiah Universitas Batanghari Jambi, 25(1), 161–171.

https://doi.org/10.33087/jiubj.v25i1.3275

Hamdi, E. (2019). Strategic financial planning for startup companies. Jurnal Bisnis dan Inovasi, 7(2), 90–102.

Hamdi, E. (2020). Capital structure strategy for startup sustainability. Jurnal Manajemen dan Kewirausahaan, 12(1), 45–56.

https://doi.org/10.9744/jmk.12.1.45-56

Indradewa, R., Pijoh, L. F. A., & Syah, T. Y. R. (2020). Financial literacy, financial behaviour and financial anxiety: Implication for financial well-being of top management level employees. Journal of Multidisciplinary Academic, 4(6), 381–386.

https://doi.org/10.5281/zenodo.4061746

Iskandar, M. D., Wibisono, K., & Syah, T. Y. R. (2021). Analisis manajemen risiko pemasaran, operasional, human capital, dan keuangan pada PT Agrindo Sumber Harum. Jurnal Manajemen Strategik, 5(1), 55–65.

https://doi.org/10.30587/jms.v5i1.2173

Muljopamudji, T., Rasyad, D. S., Iskandar, M. D., et al. (2025). Analysis of value proposition canvas and lean business canvas for marketing strategy development: A case study of EDU Smarty Generation Tutoring in Tangerang. Jurnal Indonesia Sosial Teknologi, 6(1).

https://doi.org/10.36418/jist.v6i1.896

Pijoh, L. F. A., Indradewa, R., & Syah, T. Y. R. (2020). Financial literacy, financial behaviour and financial anxiety: Implication for financial well-being of top management level employees. Journal of Multidisciplinary Academic, 4(6), 381–386.

https://doi.org/10.5281/zenodo.4061746

Purnama, D. A., Syah, T. Y. R., Sunaryanto, K., & Iskandar, M. D. (2024). Proyeksi laporan keuangan pada PT Warehouse Logistik Teknologi Indonesia: Sebuah analisis kelayakan investasi. Co-Value: Jurnal Ekonomi Koperasi dan Kewirausahaan, 14(9), 1308–1316.

https://doi.org/10.33087/covalue.v14i9.4211

Putri, E. M. M., Hamdi, E., & Indradewa, R. (2024). Application of risk management in digital-based training and coaching institutions. Jurnal Akuntansi, Manajemen dan Ilmu Ekonomi (JASMien), 5(1), 21–29.

https://doi.org/10.54259/jasmien.v5i1.1789

Saputra, E. T. A., Indradewa, R., Negoro, D. A., & Hamdi, E. (2024). Due diligence in financial aspects for mobile fuel station business development. Dynamic Management Journal, 8(3), 827–844.

https://doi.org/10.31933/dmj.v8i3.1912

Waluya, A. I., Iqbal, M. A., & Indradewa, R. (2019). How product quality, brand image, and customer satisfaction affect the purchase decisions of Indonesian automotive customers. International Journal of Services, Economics and Management, 10(2), 177–193.

https://doi.org/10.1504/IJSEM.2019.099700

Tim Penulis. (2025). Dokumen rencana bisnis Secure Stash – Bab VIII: Financial plan. Tidak dipublikasikan.

Downloads

PlumX Metrics

Published

2025-12-22 — Updated on 2025-12-22

Versions

How to Cite

Financial Planning and Investment Feasibility Analysis of the Warehousing Startup Company Secure Stash. (2025). Efektor, 12(2), 315-325. https://doi.org/10.29407/e.v12i2.27504

Most read articles by the same author(s)