The Influence Of Behavioral Finance Towards Fintech Adoption On Small Medium Enterprises With The Case Study On Banjarmasin And Banjarbaru

The majority of the work force in Indonesia is employed by Small and Medium-Sized Enterprises (SMEs), which dominate the business landscape in Indonesia. Considering their enormous impact on the economy, SMEs face obstacles that inhibit their expansion. There are lot of barriers for SME to grow, both internally and externally. Lack of financial knowledge, lack of fincancial support, lack of consultant support, and others obstacles hinders SMEs growth and its enormous potential. One of the government's solutions is creating numerous initiatives to promote the development of SMEs by enhancing their financial behavior and financial inclusion through the use of technology. Previous studies found that there are several factors that can affect someone's intention to use mobile payment apps and the connection between behavioral finance and financial inclusion. A quantitative approach that included 164 respondents was conducted using convenience sampling technique and was analyzed by PLS-SEM. To conclude, this research in Banjarmasin and Banjarbaru cities found that stress and perceived ease of use positively affect perceived usefulness. Perceived usefulness, innovativeness and perceived trust, subjective normsinfluence intention to use. Intention to use has an impact on behavioral finance. Meanwhile, behavioral finance is not affecting financial inclusion. Behavioral Finance, Financial Inclusion, Intention to Use to fintech Keywords: Behavioral Finance, Financial Inclusion, Intention to Use to fintec

Business Plan Tani Berhasil: Rice Field Harvest Services Business Using Combine Harvester Machine

Tani Berhasil, established in 2021, is a business based in Sidoarjo, East Java which engage in an agricultural industry. Tani Berhasil put a business plan into action thanks to this research. A business plan is a collection of presentations outlining a company's operational plans. The author's goal in writing this business plan was to provide all different kinds of plans, which have been condensed into a number of chapters and sub-chapters, each with a specific set of guidelines. The other aims of this research is to optimize the performance of the firm to get a better output in the future. Business Model Canvas is used to create a business plan that covers everything from financial options for the company to production process to target market sales. The author has improved Tani Berhasil’s plan to business action as an output of this research. As part of the process, 25 rice field owners (From numbers of group farmers) who own minimum a hectare of rice field in one group farmers are selected for the interview for this research. The author gathers data from a variety of sources using both primary and secondary data sources, including conducting interviews and focus group discussion, focusing on journals, as well as data from the government or other sources from a recognized formal institution. Tani Berhasil intends to help minimize a variety of economic challenges that have arisen as a result of COVID-19. Harvest services using combine harvester machine is a services that Tani Berhasil sells. Keywords: Business Plan, Agriculture, Tani Berhasil, Combine Harvester Machine

Evaluation On The Effectiveness Of Internship: Case Study Of Block71 Yogyakarta

Abstract. BLOCK71 Yogyakarta, one of the startup development institution facilities in Indonesia faced an intern confusion problem which includes job description ambiguity, whether or not they are doing a good job, a workload beyond what they anticipate, and such. After both the employer and the interns are interviewed, the company is known to not prepare any learning agenda for the internship program and mostly expects the interns to mostly learning by doing with limited guidance. The research is done through a qualitative method with three total interviews and observations directly in the BLOCK71 Yogyakarta office. The result indicates that BLOCK71 Yogyakarta is yet to be considered to have an effective internship system because of several factors such as flaws in each of the three internship processes: onboarding – on-the-job – internship closure. Thus, BLOCK71 Yogyakarta is suggested to add a designated internship learning agenda starting from the onboarding process, commit to improving the quality in each position, able to reveal the interns' limitations while exposing them to the possibility of needed training, guide the interns related to their future career and adding exit interview along with feedback session as a closure process. Keywords: Internship Effectiveness, Startup Development Institution, Satisfaction on Effectiveness

Problem Identification And Propose Solution For A Small And Medium Enterprise In Educational Industry: A Case Study Of Madu Toys

Madu Toys is an SME selling educational toys that is currently experiencing a decline in their business. This study aims to identify the causes of this problem and propose solutions to overcome it. To find these problems, it is necessary to analyze the business situation which is separated into internal and external. External analysis will be carried out using four methods, namely Porter Five Forces, PESTLE, competitor analysis, and customer analysis while internal analysis will be carried out using company analysis. Data collection methods used include observation, literature study, interview, and questionnaires. The results of the analysis show that there are problems in several areas. In marketing, problems are found in business channels, low customer loyalty, and promotions. Problems in operations are related to profit margins and product variety offered by suppliers. In finance, the problem lies in financial recording and budgeting. In addition, Madu Toys' unreliable source of income is increasingly visible with the Covid restrictions. In human resources, the problem is related to employee retention and maintaining employee quality. To overcome all these problems, the proposed solution is for Madu Toys to find alternative business channels and alternative suppliers. For promotion, Madu Toys should start a social media account with the support of content advertising and online advertising. In addition, Madu Toys is recommended to have a referral program, partnership with preschool, and in-store events. Madu Toys must also add after-sales service to increase customer loyalty. Regarding human resource issues, Madu Toys is encouraged to improve their working relationship with its employees. For financial management problems, Madu Toys can overcome them with training and recruitment. Keywords: Problem Identification, Propose Solution, Educational Toys, SME, Root Cause, SWOT Analysis

The Correlation Between Employee’s Satisfaction And Startup’s Turnover Rate

Abstract: Startup is a business or a company that has not been established yet. This company is still in the process of researching and developing their establishment into the right market. Those things made startup and its culture somehow become a trendy things in the business world. Yet many seems to be facing difficulties in maintaining the level of their turnover in ten percent or below. Startup companies seems to be very much dynamic compare to the established ones and mature, and PT. XYZ is having the same  issues. When talking about the relationship between employee satisfaction and productivity in PT XYZ, no clear barrier over an employee's working hours for some startups may potentially muddy the line over their life balance as well. Several employees in PT. XYZ was not providing any financial compensation other than the religion incentive also known as THR in Indonesia. Overtime payment is unavailable as well as the working hour is deemed to be 'flexible' therefore it is hard to tell whether one is already working overtime, added with the probability of the toxic working environment within PT. XYZ, these factors combined, are potentially suitable to be the culprit behind their relatively high turnover rate. Keywords: Company’s Turnover rate, Startup company, Employee satisfactio

The Influence Of Limited Edition On Purchase Intention Of Indonesia Streetwear Clothing Brands

The streetwear fashion trend in Indonesia has only recently emerged on the Indonesian fashion scene. Along with this trend, there is a problem in Indonesia's streetwear brands, which due to the large number of consumers can lead to disinterest in the goods desired or already purchased by customers, which ends with the customer canceling their purchase intention. Given these problems, Limited edition can be used as a solution. The purpose of this research is to determine whether the limited edition strategy can be an effective solution to this problem in Indonesia, as well as the factors that influence the purchase request for limited edition products. This study examines the effects of scarcity needs, uniqueness needs, self-expression, and consumer visibility on consumer purchase intentions. First the methodology that was used in this study is qualitative method Semi-structured interviews were conducted with 15 interviewees to obtain and ensure that the limited edition factors in the literature corresponded to the opinions of customers in Indonesia. And after determining the characteristics, researchers used a survey with 205 respondents to continue the analysis. Furthermore, PLS SEM is used in this study to examine the relationship between variables. The findings indicate that each character in the limited edition has an impact on customers' purchase intentions for streetwear in Indonesia. The findings of this study are expected to increase knowledge for both limited edition and streetwear marketing, allowing brands in Indonesia to maximize their streetwear business in terms of profit and brand image. Keywords: Fashion Streetwear, Purchase Intention, Limited Edition, PLS SE

The Influence Of Liquid Asset To Total Asset (Lata), Non-Performing Loan (Npl), And Tier 1 Core Capital (Tier1) Ratios Towards The Stock Return Of Banking Companies In Indonesia From 2018 - 2021

Stock is one of the most promising financial instruments, investors invest their money into stocks to seek profit and avoid losses. In the financial industry, the banking sector is one of the most promising sectors since their stock value is quite stable over the time. In Indonesia there are many banking companies who offer their stock inside the stock market which can be analysed using the fundamental analysis. To minimise the risk of losses in stock investments, a set of analytical tools can be used by investors to analyse stock. Accordingly, through this quantitative research, several financial ratios will be used as analytical tools to investigate banking sector’s annual stock return during the period of 2018 to 2021. Three financial ratios will be used as the independent variables to analyse their influence towards the variable of Stock Return. Liquid Asset to Total Asset Ratio (LATA), Non-Performing Loan Ratio (NPL), and Tier 1 Core Capital Ratio (TIER1) are the selected financial ratios for this research. The methodology for this study is using the panel data regression analysis and secondary data are used in this research. Annual stock returns from different 10 banking companies inside the financial sector will be used as the sample data, which are gathered from various sources such as the Indonesia Stock Exchange’s website, annual financial reports, and many more. The analysis results revealed that LATA and NPL ratios have a negative influence on the stock returns of banking companies. Furthermore, LATA and NPL are also significant towards the stock return variables. TIER1 ratio also has the same negative influence on stock return variable, however TIER1 does not possess any significance towards the stock return variable. The regression analysis also revealed that LATA, NPL, and TIER1 may explain 76.4% of the stock return movements. Keywords: Banking sector, banking stock, Indonesia Stock Exchange, financial ratio, fundamental analysis, Liquid Asset to Total Asset Ratio, Non-Performing Loan Ratio, Tier 1 Core Capital Ratio, stock return. Stock is one of the most promising financial instruments, investors invest their money into stocks to seek profit and avoid losses. In the financial industry, the banking sector is one of the most promising sectors since their stock value is quite stable over the time. In Indonesia there are many banking companies who offer their stock inside the stock market which can be analysed using the fundamental analysis. To minimise the risk of losses in stock investments, a set of analytical tools can be used by investors to analyse stock. Accordingly, through this quantitative research, several financial ratios will be used as analytical tools to investigate banking sector’s annual stock return during the period of 2018 to 2021. Three financial ratios will be used as the independent variables to analyse their influence towards the variable of Stock Return. Liquid Asset to Total Asset Ratio (LATA), Non-Performing Loan Ratio (NPL), and Tier 1 Core Capital Ratio (TIER1) are the selected financial ratios for this research. The methodology for this study is using the panel data regression analysis and secondary data are used in this research. Annual stock returns from different 10 banking companies inside the financial sector will be used as the sample data, which are gathered from various sources such as the Indonesia Stock Exchange’s website, annual financial reports, and many more. The analysis results revealed that LATA and NPL ratios have a negative influence on the stock returns of banking companies. Furthermore, LATA and NPL are also significant towards the stock return variables. TIER1 ratio also has the same negative influence on stock return variable, however TIER1 does not possess any significance towards the stock return variable. The regression analysis also revealed that LATA, NPL, and TIER1 may explain 76.4% of the stock return movements. Keywords: Banking sector, banking stock, Indonesia Stock Exchange, financial ratio, fundamental analysis, Liquid Asset to Total Asset Ratio, Non-Performing Loan Ratio, Tier 1 Core Capital Ratio, stock return.Keywords: Banking sector, banking stock, Indonesia Stock Exchange, financial ratio, fundamental analysis, Liquid Asset to Total Asset Ratio, Non-Performing Loan Ratio, Tier 1 Core Capital Ratio, stock return

The Influence Of Sharia Financial Literacy On Msmes Performance: The Study Case In Indonesian Muslim Entrepreneur Community (Kpmi) On Java Island

Abstract.  Maqashid Sharia is essential to benefit society, especially in business activity. Currently, Indonesia with a majority of Muslims, this country has a low number of entrepreneurs below Singapore, Malaysia, and Thailand. Based on data from the Ministry of Cooperative Small and Medium Enterprises of Indonesia in 2019, there are 65.47 MSMEs units in Indonesia. This is also not supported by financial literacy, especially in terms of Sharia Financial literacy because Indonesia has still low with a number of literacy 8.93%. In fact, Sharia financial products can have a big impact performance of MSMEs in running their business, which means Sharia financial literacy as well. The Indonesian Muslim Entrepreneur Community (KPMI) is the largest association of Muslim entrepreneurs who are running their businesses to be sustainable and improve their performance in business activity so that can reach Maqashid Sharia and this Sharia financial literacy is important for KPMI. This study used a quantitative approach with 160 respondents in Java island using a questionnaire and was analyzed using PLS-SEM. To conclude, this research on members of KPMI on Java island that proved Sharia financial literacy has a significant influence on their performance. Keywords: Maqashid Sharia, Sharia Financial Literacy, MSMEs performance

Business Plan Of Smart Pharmacy

The era of technology has proven to increase business opportunities, especially in the internet and social media fields. Businesses that can be built through social media have proven to be profitable for businesses and users of businesses.. Recently, people's need for medicines and vitamins is getting higher especially during this type of Covid-9 in which health becomes a very important matter. Therefore, we need easy access to places to buy medicines and vitamins that can be easily reached by everyone so that they can receive prompt and appropriate treatment whenever they are. This idea is to give an idea of how to rise to an online pharmacy brand that can be accessed via mobile phones. The analysis is using qualitative methods. The result is that this system is made so that every user can order, ask for information about drugs and vitamins, and get drugs and vitamins easily online. At the same time, the online business industry is also in the midst of peak growth. Hundreds to thousands of people make it the perfect subject for business. From this document a channel plan is made for an investment of around IDR 50,000,000 in the initial month for capital before income from sales later. Therefore, this business plan is very much needed to support the newly-invented business idea with the hope of getting more attention and profit as well. Keywords: medicines, pharmacy, online store

The Challenge Of Sustainable Initiatives To The Growth Of Small And Medium-Sized Enterprises In Indonesia

Indonesia knowingly has huge potential to pursue national economic growth through its SMEs which are recognized as the largest in Southeast Asia. Regardless of the impacts on local employment and GDP enhancement, the proliferated SMEs in Indonesia certainly contribute to the nation's or even the world’s pollution and waste accumulation. The government's initiative related to this issue was previously poured through the Low Carbon Development Initiative (LCDI) in 2017 and Rencana Pembangunan Jangka Menengah Nasional (RPJMN) 2020-2024 in 2020. However, these kinds of sustainability initiatives are certainly not only the government task alone but also the task of the private sector in Indonesia such as SMEs. This research is taking five samples of Indonesian SMEs through the structured interview method in collecting the data and coding approach in analyzing the data according to the attributes from SMEs Growth Determinants and Sustainable Business Model (SBM). This research finds that environmentally friendly initiatives are considered more challenging than supporting social inclusivity in SMEs. Interestingly, the most influential factors of all SMEs to support the sustainability initiatives are sourced from the internal factors of SMEs toward their responsibility to the environment and society. Keywords: Indonesia, SMEs, sustainability challenges, sustainability factors