scholarly journals THE ROLE OF RECORDING AND REPORTING PROCESS OF BASIC ACCOUNTING IN SMALL MEDIUM ENTERPRISES OF OMAH DUREN SURABAYA

2018 ◽  
Vol 15 (01) ◽  
pp. 35
Author(s):  
Lucya Erlinda Sonia ◽  
Stefanie Gianto
Keyword(s):  
Business Process ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Data Sources ◽  
Transaction Data ◽  
Know How ◽  
Reporting Process ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Financial management is a problem that is quite difficult for Small and Medium Enterprises (SMEs) in Indonesia. The lack of awareness and knowledge of SMEs owner regarding the accounting process considered as the root causes of their financial management difficulties. Based on that, researcher aims to help one of SMEs in Surabaya which is Omah Duren Surabaya, in order to know about the process of recording and reporting a SME, then find a way to improve it in a diligent way. Researcher uses interviews, observations and documents sheets to analyze and know-how Omah Duren business process. The information that gained from Omah Duren owner and transaction data, as well as direct observation in recording and reporting activities is one of researcher data sources. Researcher concluded that Omah Duren SME’s still not performing the simple accounting process in accordance with generally accepted. Therefore, researcher provide a recommendations in helping them in recording and reporting their financial effectively and efficiently. This research will also discuss the role of recording and reporting that is generally accepted for SMEs.

Spatial Dynamic Modeling for Increasing the Competitiveness of Small Medium Enterprises

2020 ◽  
pp. 16-30
Author(s):  
Hartrisari Hanggoro Hardjomidjojo ◽  
Harry Imantho ◽  
Anissa Damayanti
Keyword(s):  
Economic Activity ◽  
Spatial Model ◽  
Local Governments ◽  
Small And Medium Enterprises ◽  
Business Development ◽  
Market Penetration ◽  
Strategic Program ◽  
Small Medium Enterprises ◽  
Medium Enterprises

The Role of Small and Medium Enterprises (SMEs) in supporting Indonesian economic activity are significant. SMEs face many obstacles in their business development. Empowerment of SMEs in Bogor by local governments carried out in conjunction with the Department of Cooperatives and SMEs. This study establishes the spatial model design of SMEs in Bogor area to improve the competitiveness of products in Bogor city. The analysis shows that SMEs in Bogor city is still in the phase of development, market penetration, and also product development. The model shows the average performance index of SMEs in Bogor is only 62.29, 19 among 41 have index values about 50. From the competitiveness analysis, authors could see that among 41 SMEs can be categorized in 4 quadrants. Strategic program could be developed based on the position in the quadrant. It can be concluded that in general SMEs in Bogor city have not been ready for internationally competition. Government should develop specific strategy for each SMEs based on the quadrant position defined by the model

The Development of Small-Medium Enterprises (SMEs) and the Role of Digital Ecosystems During the COVID-19 Pandemic

2022 ◽  
pp. 123-147
Author(s):  
Marko S Hermawan ◽  
Ubaidillah Nugraha
Keyword(s):  
Information Technology ◽  
Market Share ◽  
Small And Medium Enterprises ◽  
Asian Countries ◽  
Digital Ecosystems ◽  
Recent Trends ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Cluster Program

Small and medium enterprises (SMEs) have been the backbone of Indonesia's economy for over 100 years. There is nearly 64-million-unit business, with 98% of the market share belonging to the micro-business and 52% categorized as informal. Despite the uncertainty created by the prolonged crisis, a path of recovery is happening in the SME sector. Continuous effort to support SMEs has been planned include mapping out a cluster program. This chapter illustrates challenges and types of resilience and cluster issues facing SMEs that need to be resolved to prepare SMEs for recovery, and one of them is information technology. For many businesses, including SMEs, participation in the digital economy is the key to greater resiliency. The development of SMEs in Indonesia is an interesting topic with an actual illustration of the recent trends of Asian countries' economies and businesses in the current COVID-19 pandemic.

scholarly journals The Quadro Helix Perspective: Micro Small Medium Enterprises Development (MSMEs) in Boyolali Regency

2019 ◽  
Vol 1 (5) ◽  
Author(s):  
Endang Wirjatmi Trilestari ◽  
Heny Handayani
Keyword(s):  
Small And Medium Enterprises ◽  
Educational Institutions ◽  
Labor Service ◽  
The Government ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Village ◽  
Creativity And Innovation ◽  
Descriptive Method

The Quadro helix concept is used in the innovations for economic development. The Quadro helix elements include the government as an innovator and facilitator to facilitate the growth of business opportunities, the business as entrepreneurs, and the civil society as a source of labor, service users, innovation developers and academics as laboratories that have not run well. Meanwhile, Micro Small and Medium Enterprises (MSMEs) is a business unit of creativity and innovation that created to mobilize the economy. Boyolali's potential develops with its MSMEs in the village. In terms of Village Development Index (IPD) are 215 developing villages, namely 45 independent villages and one underdeveloped village. This has become a problem because empowering the village economy did not optimal. Referring to the regional superior potential and IPD, Boyolali Regency requires strengthening capacity especially those related to MSMEs. Total of 26,210 MSMEs and 1,103 MSMEs spread across 19 districts in all districts that are under various conditions at Boyolali Regency. This research was conducted a descriptive method by looking at the roles and conditions of various MSMEs. The results indicate the lack of the role of educational institutions or academics in participating of developing MSMEs.

SME Financial Management

2013 ◽  
pp. 330-342 ◽  
Author(s):  
Edna Stan-Maduka
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Financial Management ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Risk Mitigation ◽  
Simplified Approach ◽  
Medium Enterprises ◽  
Operational Processes

Regulators’ efforts to create awareness of risk management in Small and Medium Enterprises (SMEs) have heightened since the 2008 recession which affected many economies. The objective has been to stress the fundamental role of risk assessment and mitigation in the protection of business processes and profitability of SMEs. This has been hard to achieve due to the inadequate financial and operational processes within small and medium enterprises. This chapter presents an exploration of risk management in SMEs and a simplified approach to SME risk assessment and operational risk mitigation.

Islamic financing options for SMEs- role of Islamic banks

2018 ◽  
Vol 8 (3) ◽  
pp. 109-120
Author(s):  
Haouam Djemaa
Keyword(s):  
Small And Medium Enterprises ◽  
Islamic Finance ◽  
Islamic Banks ◽  
Total Employment ◽  
Islamic Financial Institutions ◽  
Term Basis ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Domestic Products

Small Medium Enterprises (SMEs) have significant role in employment creation and growth of gross domestic products of developing country.  In developing countries, they represent the majority of employment. SMEs constitute the overwhelming majority of firms. Globally, SMEs make up over 95% of all firms, account for approximately 50% of GDP and 60%–70% of total employment. However, in order to grow and contribute more significantly to the economy, SMEs face some constraints. One of the main constraints faced by SMEs is the lack of finance. Islamic bank financing products may help to solve this problem. The Islamic  participatory schemes, such as mudarabah and musyarakah, integrate assets of lender and borrowers; therefore, they allow Islamic banks to lend on a longer-term basis to projects with higher risk-return profiles and, thus, to support economic growth.However, as Islamic banks try to avoid uncertainties, the mentioned schemes are not widely used. Therefore, support from government and academia needed to create innovation in the participatory financing scheme so that all related parties can share mutual benefits. The purpose of this paper is to investigate  the main challenges to Islamic finance for SMEs. This paper will help to deepen understanding of the concepts of Islamic finance as well as SMEs. In addition to evaluate how Islamic financial institutions can support SMEs.  Keywords: Islamic  Finance,Islamic Banks, Small and Medium Enterprises

scholarly journals THE IMPACT OF CUSTOMER BUYING BEHAVIOR TOWARDS SMALL AND MEDIUM ENTERPRISES (SMEs) PERCEPTION DURING PANDEMIC (COVID-19) IN JOHOR

2021 ◽  
Vol 3 (9) ◽  
pp. 01-07
Author(s):  
Mohamad Faiz Zainudin ◽  
Sabrinah Adam ◽  
Nursyazwani Mohd Fuzi
Keyword(s):  
Conceptual Framework ◽  
Positive Relationship ◽  
Small And Medium Enterprises ◽  
Buying Behavior ◽  
The Media ◽  
Independent Variable ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Impact

The objective of this study is to identify the conceptual framework of customer buying behavior and Small Medium Enterprises perception during Pandemic Covid-19 in Johor. The variables consist of Customer Buying Behavior (panic buying, herd mentality, role of the media in influencing consumer behavior) as an independent variable and Small and Medium Enterprises (SMEs) perception during Pandemic Covid-19 as the dependent variable. This study adopted a quantitative approach using IBM SPSS version 26. The survey was conducted on Johor SMEs firms. The conceptual framework has been developed in this study. The expected findings show there is a positive relationship between herd mentality, panic buying, and the role of the media have significant relationship toward SMEs enterprises during Pandemic Covid-19 in Johor.

SME Financial Management

2013 ◽  
pp. 1107-1119
Author(s):  
Edna Stan-Maduka
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Financial Management ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Risk Mitigation ◽  
Simplified Approach ◽  
Medium Enterprises ◽  
Operational Processes

Regulators’ efforts to create awareness of risk management in Small and Medium Enterprises (SMEs) have heightened since the 2008 recession which affected many economies. The objective has been to stress the fundamental role of risk assessment and mitigation in the protection of business processes and profitability of SMEs. This has been hard to achieve due to the inadequate financial and operational processes within small and medium enterprises. This chapter presents an exploration of risk management in SMEs and a simplified approach to SME risk assessment and operational risk mitigation.

scholarly journals PENGARUH ORIENTASI KEWIRAUSAHAAN DAN INOVASI PRODUK TERHADAP KINERJA USAHA KECIL MENENGAH DENGAN VARIABEL INTERVENING KEUNGGULAN BERSAING (STUDI PADA UKM DI BANJARMASIN)

2020 ◽  
Vol 4 (3) ◽  
pp. 392-407
Author(s):  
Isra Ul Huda ◽  
Anthonius Karsudjono ◽  
Pupita Nia Maharani
Keyword(s):  
Competitive Advantage ◽  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Partial Least Square ◽  
Least Square ◽  
Mediating Role ◽  
Analysis Technique ◽  
Small Medium Enterprises ◽  
Medium Enterprises

This study aims to determine and analyze the effect of Entrepreneurship Orientation and Product Innovation on the Performance of Small and Medium Enterprises with Intervening Competitive Advantage Variable. This study uses quantitative data analysis methods, the analysis technique is Partial Least Square (PLS). The reason for choosing to use the PLS method is the testing of the mediating role of an intervening variable. The results of the analysis conducted stated that the Entrepreneurship Orientation did not significantly influence Competitive Advantage and also the Performance of Small and Medium Enterprises. Product Innovation has a significant effect on Competitive Advantage and does not have a significant effect on the Performance of Small and Medium Enterprises and Competitive Advantage does not have a significant effect on the Performance of Small and Medium Enterprises. Entrepreneurship Orientation does not significantly influence Small Medium Enterprises Performance with Intervening Variable Competitive Advantage and Product Innovation has no significant effect on Small Medium Enterprises Performance with Intervening Competitive Advantage Variable

scholarly journals ASSESSMENT OF BUSINESS PROCESS MANAGEMENT FOR MSMEs IN EAST JAVA

2019 ◽  
Vol 15 (1) ◽  
pp. 1-9
Author(s):  
Umi Chotijah
Keyword(s):  
Business Process ◽  
Business Process Management ◽  
Process Management ◽  
Small And Medium Enterprises ◽  
Relevant Literature ◽  
Maturity Level ◽  
Knowledge Resources ◽  
Medium Enterprises ◽  
Main Factor

The role of micro, small and medium enterprises (MSME) for the economy of many countries, especially Indonesia are very important. The garment industry is one of the developing industries in Indonesia. Enterprises need to understanding, documenting, modelling, analyzing, simulating, implementing to  increasing the value and achieving business operational efficiency and survive business competition. Therefore, it is necessary to know  assess the maturity level of business process management in MSMEs. The purpose of this study is to assess the maturity level of business process management  from MSMEs. First, the relevant literature is reviewed to gain insight into the practice of business process management  in general, the context of MSME in Indonesia and previous studies related to business process management  in the context of MSMEs. This research was conducted in East Java and data collection was done by distributing questionnaires to MSME owners. This study shows that a lack of knowledge resources about BPM is the main factor causes the MSMEs have low business process maturity level.

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