Business Practices of Micro Enterprises in Pandan, Antique toward Sustainability: An Analysis

This study aimed to examine the business practices of micro enterprises in Pandan, Antique with fifteen years of operations and above from the perspectives of owners, managers, and supervisors, with a focus in sustainability. The research centered on business practices of four key operational areas: marketing, costing and record-keeping, buying and stock control, and financial planning. Results showed that the majority of respondents demonstrated effective and well-established business practices in costing and record-keeping, buying and stock control, and financial planning. However, business practices in terms of marketing were slightly practiced, but not limited to monitoring competitor pricing and gathering customer feedback. Micro enterprises also faced significant challenges, including experiencing higher supplier prices, limited budgets for advertising and promotion, and finding it difficult to attract new customers. Among the business practices evaluated, stock control practices reducing waste, and enhancement of inventory control, strong partnerships and supplier relationships, and investment in eco-friendly practices were the top contributors to sustainability. Despite ongoing constraints, these findings highlight valuable entry points for future support programs and researches focused on enhancing the resilience, long-term growth, and sustainability of micro enterprises.

Authors

Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2025-05-29
DOI
https://doi.org/10.36948/ijfmr.2025.v07i03.46320
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Business Practices of Micro Enterprises in Pandan, Antique toward Sustainability: An Analysis

Victor Van Cadungon
International Journal For Multidisciplinary Research
Islamic Finance and Banking Studies
article

Business Practices of Micro Enterprises in Pandan, Antique toward Sustainability: An Analysis

Victor Van Cadungon
article en

Abstract

This study aimed to examine the business practices of micro enterprises in Pandan, Antique with fifteen years of operations and above from the perspectives of owners, managers, and supervisors, with a focus in sustainability. The research centered on business practices of four key operational areas: marketing, costing and record-keeping, buying and stock control, and financial planning. Results showed that the majority of respondents demonstrated effective and well-established business practices in costing and record-keeping, buying and stock control, and financial planning. However, business practices in terms of marketing were slightly practiced, but not limited to monitoring competitor pricing and gathering customer feedback. Micro enterprises also faced significant challenges, including experiencing higher supplier prices, limited budgets for advertising and promotion, and finding it difficult to attract new customers. Among the business practices evaluated, stock control practices reducing waste, and enhancement of inventory control, strong partnerships and supplier relationships, and investment in eco-friendly practices were the top contributors to sustainability. Despite ongoing constraints, these findings highlight valuable entry points for future support programs and researches focused on enhancing the resilience, long-term growth, and sustainability of micro enterprises.

International Journal For Multidisciplinary ResearchVol. 7(3)
Openalex Percentile: Top 83%
Islamic Finance and Banking Studies
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.