Analysis Of Time Value Of Money (TVM) As A Tool For Investment Decision-Making In Small And Medium Enterprises During An Economic Slowdown

The economic slowdown occurring in Indonesia in 2025 has significantly impacted the sustainability of Micro, Small, and Medium Enterprises (SMEs). This article focuses on discussing and analyzing the role of the Time Value of Money (TVM) concept as a crucial tool in investment decision-making for MSMEs amid uncertain economic conditions. Using official secondary data from the Central Statistics Agency and the Ministry of Cooperatives and MSMEs, this analysis demonstrates how the application of Time Value of Money enhances the effectiveness of investment evaluation and capital management within MSMEs. The analysis results indicate that using the Time Value of Money concept can enhance the effectiveness of investment decision-making in SMEs, which is crucial for sustaining business operations in the face of uncertain economic conditions in the future