The Analysis of Potential Growth for Indonesia’s Micro Small Medium Business Owners

2018 ◽  
Vol 2 (2) ◽  
Author(s):  
Christian Haposan Pangaribuan ◽  
Okta Prihatma Bayu Putra ◽  
Lidhiah Lesthary ◽  
Glory Aguzman ◽  
Desman Hidayat
Keyword(s):  
Small Businesses ◽  
Poor Quality ◽  
Business Owners ◽  
Regulatory Framework ◽  
Potential Growth ◽  
Business Training ◽  
Quality Of Products ◽  
Small Medium Enterprises ◽  
Medium Enterprises

This study examines the relation between potential growth in the context of micro, small, medium enterprises by evaluating several factors, i.e. lack of marketing ability, inadequate business training, technological backwardness, poor quality of products, lack of innovation, unfavorable legal and regulatory framework, insuficient capital, and shortage of skilled labor. The data collected is from 196 self-employed enterprises in Jakarta, Indonesia. Results indicate that unfavorable legal and regulatory framework is the most affecting factor to slow down the growth of small businesses as well as a hindrance to its exports opportunities abroad. The further investigation of demographic factors shows how the differences canadd to ourunderstanding in the potential growth of smallbusinesses.

Italian SME Crisis and the Support Offered by Management Consulting

2021 ◽  
Vol 13 (2) ◽  
pp. 50-58
Author(s):  
Paolo Bongarzoni
Keyword(s):  
International Markets ◽  
Potential Growth ◽  
Service Line ◽  
Productivity Increase ◽  
Two Factors ◽  
Digital Disruption ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Eu

The effects of the EU measures and the financial crisis limited the potential growth of the Italian small medium enterprises (in term of loss of productivity, increase of unemployment rate, and decrease of customers purchase power). Together with these two factors, the Italian economic system competitiveness (whose backbone is represented by the SMEs) was negatively affected by the “digital disruption.” The purpose of this article is to critically analyse the main causes of this competitiveness loss for Italian SMEs and the role of strategy consultants in helping them to improve their results and their presence in local and international markets. Leveraging on their past industry/service line experience and massive investment in digital transformation (e.g., acquisitions of IT companies, alliances, specialization in software/tools, and internal reorganization), strategy consultants are able to assess, suggest, and implement their clients' digital strategy.

scholarly journals Electrification, Power Outages and Employment

2020 ◽  
Vol 7 (4) ◽  
pp. 147
Author(s):  
Josephine Ofori Adofo
Keyword(s):  
Developing Countries ◽  
Fixed Effects ◽  
Small And Medium Enterprises ◽  
Poor Quality ◽  
Power Outages ◽  
Industrial Growth ◽  
Industrial Composition ◽  
Negative Implication ◽  
Medium Enterprises

Although electrification rates have increased in developing countries, the poor quality of electricity still remains a challenge. This paper studies the effects of electrification at the intensive margin, using a fixed effects approach. I find that power outages significantly reduce employment, earnings, and hours of work. A key channel through which outages affect employment is decreased prevalence of small and medium enterprises (SMEs) among households. Evidence indicates that severe outages reduce opportunities for households to indulge in income generating activities. The decrease in employment opportunities is further exacerbated by reduced industrial growth and changes in the industrial composition. The results suggest that unreliable electricity may have a negative implication for job creation in developing countries.

scholarly journals STRATEGI PEMASARAN USAHA KECIL MENENGAH PADA IBU-IBU AISYIAH MUHAMMADIYAH BALI

2020 ◽  
Vol 1 (1) ◽  
pp. 17
Author(s):  
Tri Budiyanto
Keyword(s):  
Marketing Strategies ◽  
Location Determination ◽  
Service Activity ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Bahasa Indonesia

Most of the Aisyiah womens in the Muhammadiyah Bali region have side jobs as housewives. Various businesses include Small Medium Enterprises (in Bahasa Indonesia, Usaha Kecil dan Menengah) engaged in grocery stalls, selling cloth, food stalls, furniture businesses, Muslim fashion stores and others. Some of the obstacles faced in developing their businesses include capitalization, management and location determination, as well as the quality of production as well as marketing.The purpose of this service activity is to equip Aisyiah Muhammadiyah Bali women in implementing marketing strategies that are in line with their business and competing in marketing. The benefits of this dedication for Aisyiah's mothers are getting knowledge and understanding related to the marketing field.

Climate Governance for Micro, Small, and Medium Enterprises

2020 ◽  
pp. 295-308
Author(s):  
Janis Sarra
Keyword(s):  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Business Owners ◽  
Social Enterprises ◽  
Vulnerable Groups ◽  
The European Union ◽  
Climate Governance ◽  
Net Zero ◽  
Set Up ◽  
Medium Enterprises

Chapter 9 explores why management of climate-related risks can be particularly challenging for micro, small, and medium enterprises (‘MSME’) to address. MSME comprise about 99 per cent of all businesses globally and they often lack the infrastructure and resources to manage deep shifts in their business activities. This chapter explores how one could build financing and infrastructure to support the MSME sector to advance in their transition to net zero. It discusses how the European Union has taken the lead globally on microfinance for vulnerable groups that want to set up or develop their businesses and microenterprises. It is building the institutional capacity of microcredit providers and supporting development of social enterprises by facilitating access to finance. It also examines climate governance for MSME, offering examples of toolkits being developed for micro and small businesses. The chapter concludes with a discussion of contributions that women entrepreneurs and micro-business owners are making in the transition to net zero.

scholarly journals THE CHALLENGES FOR SMALL MEDIUM ENTERPRISE (SME) IN THE COTTAGE INDUSTRIES

2020 ◽  
Vol 2 (2) ◽  
pp. 01-12
Author(s):  
Nurshadira Mohd Raof ◽  
Syarizal Ab Rahim ◽  
Dzulkifli Mukhtar ◽  
Mohd Zulkifli Muhammad
Keyword(s):  
Human Resources ◽  
Business Owners ◽  
Thematic Content Analysis ◽  
Face To Face ◽  
Interview Session ◽  
Medium Enterprise ◽  
Analyse Data ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Cottage Industries

There were many reasons why challenges happened around the sellers of SME business. The main purpose of this study was to identify the challenges of small-medium enterprises in cottage industries in Kota Bharu. Based on this study, there were literally four challenges of cottage industries in the SME business. The challenges in this study were the growth challenges in human resources, lack of operation management, financial deficiencies and lack of market power. In this study, face to face interview session was conducted and focused on business owners to obtain more information on what challenges they faced while running a small-medium enterprise (SME) business. The thematic content analysis was used to analyse the interview data. The analyse data suggested themes reflect these challenges.

scholarly journals Preferential Purchase of E-commerce Model in China

2019 ◽  
Vol 1 (1) ◽  
pp. 1-6
Author(s):  
Ming Du
Keyword(s):  
Sharp Increase ◽  
Low Cost ◽  
Poor Quality ◽  
The Internet ◽  
Customer Acquisition ◽  
Illegal Behavior ◽  
The Poor ◽  
Acquisition Costs ◽  
Quality Of Products

The popularization of the Internet has promoted the leap-forward development of e-commerce. In recent years, the increasing number of e-commerce platforms and merchants has led to a sharp increase in customer acquisition costs. Low-cost access to customers has become the main goal pursued by e-commerce merchants. The e-commerce Preferential Purchase model relies on the mainstream e-commerce platform to serve as a shopping guide for merchants of various e-commerce platforms. It provides multi-channel promotion and promotion of e-commerce products to increase customer traffic by saving money, rebates and making money. However, the credibility of the Preferential Purchase platform, the poor quality of products brought by low prices, the preferential procedures and the illegal behavior of the hierarchical agents have also become the bottleneck for the development of the Preferential Purchase model.

scholarly journals MSME’S DEMOGRAPHIC AS MODERATION IN THE IMPACT OF PERCEPTION AND UNDERSTANDING OF BOOKKEEPING TOWARDS QUALITY OF FINANCIAL REPOR

2019 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Cahyani Tunggal Sari ◽  
Lukman Ahmad Imron Pahlawi
Keyword(s):  
Quantitative Research ◽  
Bank Loan ◽  
Financial Report ◽  
Moderating Variables ◽  
Report Quality ◽  
Business Size ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Impact

Micro Small Medium Enterprises (MSME) especially in culinary are the main destination of tourist in Surakarta Indonesia. As the tourist destination, MSME must be creative in develop their product. The financial ability is the main source of the owner in develop their business. Bank loan is an alternative in order to improve the financial sorce. Therefore, the MSME’s owner need to compile the financial report as one of bank loan requirement. This study is a quantitative research which is use multiple regression analysis using moderation variables. The quality of financial report is the dependent variable. The Independent variables are the MSME’s owner perception and understanding about book keeping. This study also enclose the MSME’s owner demographic background that consist of educational leverage and business size as the moderating variables. The data is collected from culinary MSME’s in Surakarta, Indonesia in the year of 2017. The findings of this research shows that educational leverage and business size are Predictor Moderation Variable. Besides, the perception and understanding are not significantly influence the financial report quality. The result of beta value shows that the business size strengthen the bookkeeping perception variable and weaken the understanding variable towards financial report quality. While the educational leverage strengthen the understanding variable and weaken the perception variables even all of them are not significantly influenced.

scholarly journals Kualitas Produk Dan Pelayanan Restoran Cepat Saji Dalam Menghadapi Pesaing di Kabupaten Sumenep (Studi Pada Toby’s Fried Chicken)

2020 ◽  
Vol 1 (2) ◽  
pp. 25-30
Author(s):  
Very Andrianingsih
Keyword(s):  
Fast Food ◽  
New Products ◽  
Sampling Technique ◽  
Business Owners ◽  
Fast Food Restaurants ◽  
Using Data ◽  
Quality Of Products ◽  
Strategic Market ◽  
Good Attitude

Product quality and service affect the progress of a restaurant. The rise of business competition requires businesses to continue to innovate so as not to compete. Restaurant business owners must always maintain and improve the quality of their products and services. The quality of products and services is a means to compete with competitors. Quality products and services will help restaurant business owners to get a strategic market position. This study aims to find out how the quality of Toby’s Fried Chicken products and services in Sumenep Regency. The sampling technique in this study used Purposive Sampling by determining key informants as many as 1 person, 2 main informants, supporting informants as many as 5 people and using data collection techniques, including observation, interviews, and documentation. The results of this study indicate that Toby’s Fried Chicken products in the latest Fried Chicken products are still undercooked, Toby’s Fried Chicken has not released a variety of new products with a steady innovation. The service of Toby’s Fried Chicken is quite good with the good attitude shown by the waiter, but for the arrangement of the place there is no attractive design to be enjoyed by customers. Toby’s Fried Chicken continues to maintain and improve its quality, both in terms of products and services to be able to compete with fast-food restaurants like Toby's.

scholarly journals The impact of poor quality municipal services on small enterprises

2016 ◽  
Vol 13 (3) ◽  
pp. 274-279 ◽  
Author(s):  
Zeleke Worku
Keyword(s):  
Small Businesses ◽  
Poor Quality ◽  
Hazard Ratio ◽  
Quality Of Services ◽  
Municipal Services ◽  
Business Enterprises ◽  
The Impact ◽  
The City ◽  
Viable Business

A survey was conducted (2012 to 2014) in the City of Tshwane in order to assess and evaluate determinants of adequate municipal services that are routinely provided to operators of start-up business enterprises. Data used in the report come from 1.058 small businesses. The aim of research is to assess and evaluate the relationship between the quality of services and sustained viability in small business enterprises. The study was conducted against the background of a high failure rate among newly established small businesses in the City of Tshwane. The study showed that there was a significant association between positive perception of business operators on the quality of municipal services provided to them and viability of businesses. The percentage of viable business enterprises that were satisfied with the quality of services provided to them was 87%. The percentage of non-viable business enterprises that were satisfied with the quality of services provided to them was only 13%. Profitability in business enterprises was significantly affected by lack of capacity for fulfilling the business and entrepreneurial needs of newly established businesses [hazard ratio = 3.58; P = 0.000; 95% C. I. = (1.45, 5.46)], inappropriate policy [hazard ratio = 3.19; P = 0.000; 95% C. I. = (1.39, 5.28)], and lack of tailor made training programs directed at newly established small businesses [hazard ratio = 2.89; P = 0.000; 95% C. I. = (1.24, 4.77)]. In-depth interviews conducted with business operators led to similar findings. Keywords: city of Tshwane, small businesses, municipal services, perception, hazard ratio. JEL Classification: L26, H7, L8

Research on fraud: an overview from small medium enterprises (SMEs)

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Siti Faizah Zainal ◽  
Hafiza Aishah Hashim ◽  
Akmalia M. Ariff ◽  
Zalailah Salleh
Keyword(s):  
Internal Control ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Future Research ◽  
Control Mechanisms ◽  
Content Type ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Cost ◽  
The Impact

Purpose The purpose of this paper is to present a review of literature on fraud with a specific focus on small and medium enterprises (SMEs). Specifically, it aims to provide further knowledge on recent developments in fraud research and offers suggestions for future research. Design/Methodology/Approach This paper systematically reviews the fraud literature, by organising them into five sections; definition, elements, theories, factors and prevention mechanisms. Findings The most common factors of fraud in SMEs are the low morale among employees and weak internal control within the organisations. Nonetheless, research on fraud involving SMEs is limited, albeit the importance of SMEs to the economy. Research Limitations/Implications This paper encapsulates the importance of research on fraud in SMEs by offering directions for future research. Among others, future studies might indicate the link between corruption, financing sources and innovation of SMEs, especially within the context of an emerging country and reveal the cost of the criminal justice system to identify more accurately the cost of fraud in SMEs. Originality/Value The focus on fraud in SMEs and the recent period of study offer a foundation for future research directed at the factors of fraud and the prevention mechanisms. Future research can further explore and broaden the literature on fraud involving SMEs through research that focuses on the impact of fraud and the types of control mechanisms that suit the SMEs. Greater understanding of fraud in the SMEs allows in identifying the best approach to prevent and detect fraud for small businesses with limited resources.

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