FINANCIAL VALUE ANALYSIS OF THE ROSE GARDEN PROJECT

Abstract

            This research studied the financial return of Rose Garden Project. The objective is to study the investment return by comparing with return between buying rose flower from Pak Klong Tarad in Bangkok and creating rose garden then let other people to take care (contract farming is the company has to advance all expenses excepted the labor, transportation, facilities and price of rose guarantee at 0.2 Baht per flower). Population and sampling group is the location where is created a rose garden at Lao-Kwan District, Kanchanaburi Province on the area at 10 rais and in the part of financial return analysis process of rose garden projects are 1. Find all profit and expenses of buying rose flower from Pak Klong Tarad 2. Find all profit and expenses in case of creating rose garden and let other people to take care 3. Compare financial return by using 4. Indicators such as Net Present Value (NPV), Benefit-Cost Ratio (B/C Ratio), Payback Period (PBP) and Internal Rate of Return (IRR). Research result found that in case of creating rose flower had NPV = 534,142 Baht, B/C = 3.14, PBP = 1.7 years, and IRR = 36% at the same time the feasibility of buying rose flower from Pak Klong Tarad get NPV=170,248 baht, B/C = 1.32, PBP = 1.1 and IRR=18.5% which means creating rose garden get higher financial return than buying rose flower from Pak Klong Tarad