Financial Management of Family-Based MSME Businesses

MSMEs still face many weaknesses that cause MSMEs to not be able to develop optimally. These weaknesses include weaknesses in access to capital, weaknesses in financial management, weaknesses in accessing markets, weaknesses in Human Resources (HR), and weaknesses in access to technology. Weaknesses in access to capital are a major problem because business development requires capital. This community service activity is a collaboration of members of the Indonesian Accountants Association DKI Jakarta Educator Accountant Compartment to the Micro, Small and Medium Enterprises (MSMEs) partners of PCI Fatayat NU Malaysia. This community service activity aims to help MSME actors related to planning, recording simple bookkeeping cash, MSME governance management and financial management. The method of implementing the service is carried out by conducting training and mentoring in preparing financial reports to MSMEs and business consultations for MSME players. The results of the service implementation show an increase in understanding related to planning, cash recording and control and simple bookkeeping, as well as the results of this PKM are expected to be useful for PCI Fatayat NU MSME partners to improve financial and business management for improving the quality of governance towards improving the performance of MSME partners of PCI Fatayat NU Malaysia.

Authors

Publication Details

Journal
Global journal of economic and finance research.
Published
2025-03-26
DOI
https://doi.org/10.55677/gjefr/05-2025-vol02e3
Primary Topic
Family Business Performance and Succession
Type
article
Field-Weighted Citation Impact
0.00
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article

Financial Management of Family-Based MSME Businesses

Wiwi Idawati, Hendro Susanto, Mutiara Sukmadyan Putri
Global journal of economic and finance research.
Family Business Performance and Succession
article

Financial Management of Family-Based MSME Businesses

Wiwi Idawati, Hendro Susanto, Mutiara Sukmadyan Putri
article en

Abstract

MSMEs still face many weaknesses that cause MSMEs to not be able to develop optimally. These weaknesses include weaknesses in access to capital, weaknesses in financial management, weaknesses in accessing markets, weaknesses in Human Resources (HR), and weaknesses in access to technology. Weaknesses in access to capital are a major problem because business development requires capital. This community service activity is a collaboration of members of the Indonesian Accountants Association DKI Jakarta Educator Accountant Compartment to the Micro, Small and Medium Enterprises (MSMEs) partners of PCI Fatayat NU Malaysia. This community service activity aims to help MSME actors related to planning, recording simple bookkeeping cash, MSME governance management and financial management. The method of implementing the service is carried out by conducting training and mentoring in preparing financial reports to MSMEs and business consultations for MSME players. The results of the service implementation show an increase in understanding related to planning, cash recording and control and simple bookkeeping, as well as the results of this PKM are expected to be useful for PCI Fatayat NU MSME partners to improve financial and business management for improving the quality of governance towards improving the performance of MSME partners of PCI Fatayat NU Malaysia.

Global journal of economic and finance research.Vol. 02(03)
Openalex Percentile: Top 83%
Family Business Performance and Succession
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