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Journal : INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE

FLASHBACK FINANCE: DEVELOPING A STRATEGY FOR BUSINESS SUSTAINABILITY Yofi Syarkani; Alfiana; Abdul Munim Al Basmeleh
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 5 (2024): May
Publisher : Adisam Publisher

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Abstract

A business continuity strategy is a collection of organizational objectives, guidelines, plans, and initiatives with the goal of spotting market possibilities, maintaining the company, and generating revenue. Business sustainability strategy is part of business strategy and cannot be separated from the business model. To grow the business sustainably, companies must continue to evaluate their business strategies. Business strategy analysis is an important step in designing a viable business model, so that it has a lasting impact on business life. Businesses should have appropriate financial strategies and management to face changes in tough business strategies. Effective communication between the finance department and other departments is crucial for the implementation of financial management initiatives. To meet shared financial objectives, all departments within the firm must collaborate. Businesses may enhance performance, preserve financial stability, and guarantee long-term sustainability by putting suitable financial management techniques into practice. This research discusses the definition and principles of sustainability in a business context, financial approaches to maintaining and improving business sustainability, details of strategies adopted by businesses to ensure their sustainability, and a discussion of key findings that show the relationship between historical financial analysis and the development of sustainability strategies.
FINANCIAL RISK MANAGEMENT STRATEGIES FOR STARTUPS IN THE DIGITAL ERA Erwin; Teti Anggita Safitri; Alfiana; Mohd Syahrin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 9 (2024): September
Publisher : Adisam Publisher

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Abstract

Financial Risk Management Strategy for Startups in the Digital Age is an integrated approach used by startup companies to identify, mitigate, and manage financial risks arising in a dynamic digital environment. The strategy includes developing realistic budgets and financial projections, investing in cybersecurity and insurance, and diversifying revenue. The aim is to increase the company's resilience to market fluctuations and digital threats, and achieve sustainable business growth. The study conducted in this research uses the literature research method. The results show that there are three main strategies that can help startups manage financial risks. First, realistic budgeting and financial projections help startups monitor expenses and identify funding needs at each stage of development. Second, investing in adequate cybersecurity and insurance is crucial to protect business and customer data from digital threats and reduce potential financial losses due to data breaches or system failures. Thirdly, revenue diversification helps startups to be more resilient to market fluctuations, allowing companies to be more adaptive and proactive in managing risks.
INNOVATIVE FINANCIAL STRATEGIES FOR LONG-TERM BUSINESS SUSTAINABILITY Loso Judijanto; Ellyta; Alfiana
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 4 (2024): April
Publisher : Adisam Publisher

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Abstract

Innovative and sustainable financial management is a necessity for that want to survive and grow in the long term. The research method undertaken in this study is the study of literature by looking for literature related to the title of the investigation. Research finds that innovative financial strategies can be used to long-term business sustainability Through income diversification, prudent debt management, investment in R&D, partnerships, and the use of financial technology, companies can improve their financial stability and remain adaptable to changing business environments. In implementing this strategy, companies need to consider internal and external factors to long-term success.
Co-Authors Abdul Kadir Ahmad Abdul Munim Al Basmeleh Abdul Rosid Agostinho Pinto Soares Agusandhya, Nabila Ahmad Ryansyah Aisyah Humayyrah Alfian Saputra Iriawan Ali Akbar Alifa Raudhatul Nisa Amelia Rahmadani Andyka Maulana Prayoga Aprih Santoso Ari Assrisan Sosh Mantoro Ari Assrishan Sos Mantoro Ari Assrishan Sosh Mantoro Ari Assrishhan Sos Mantoro Ariandi Arlinda Puspita Sari Ashilah Fauziyah Aulia Silvana Bambang Sugeng Dwiyanto Berdhy Ursila Djamil Cakranegara, Pandu Adi Dahlan Dea Wisnu Ramdani Dea Wisnu Ramdhani Dede Hertina Dede Yusuf Maulana Defi Pujianto Dena Destiani Depparinding, Rekianto Dipa Teruna Awaludin Dwi Julyansyah Ellyta Elsya Meida Arif Erwin Eva Yuniarti Utami Fajar Fidelairna Daniswara Fiqi Ardi Abdurahman Masdar Gatut Rubiono Gusmao, Cristino Hadi Purnomo Hasgun Haura Nurul Ilmi Hugo Prasetyo Winotoatmojo Indrapraja, Rachmadi Indy Fauziah Hanifa Indy Fauziah Hanifah Judijanto, Loso Khaerudin Sidik Patoni Kuswardani, DC. Lailafitri Pratiwi Lailafitri Pratiwi Kadmadi Liati Sinta Listi Sinta Nur Oktaviani Listiana Sri Mulatsih LISTIANA SRI MULATSIH Loso Judijanto M. Anas Mahelan Prabantarikso Mahrizal Mahrizal Manguntungi, Baso Maulana, Iwan Mohd Syahrin Muchlis Mas'ud Muhamad Saefuloh Muhammad Azka Julian Muhammad Irfan Fauzan Mulyono Nabila Syaharani Naila Dwi Ananti Najla Putri Pramesdianti Natal Kristiono Naura Rahadhatul Aisy Nazara, Desman Serius Nur Hasanah, Afifah Nurida Finahari Nurjanna Ladjin Nurmuliayanti, Nurmuliayanti Pri Handini, Dharmayanti Putri Dewi Renggani Rahman, Auliyah Ratnawita Refansa Febriana Akbar Rina Apriliani Sama, Yusuf Siska Yuli Anita Siti Azmi Nur Islami Stevanno, Rudolf Firdausy Survival Surya Ardana Syahira Rachmadina Syamsul Bahri Tariza Mega Pratiwi Garini Teguh Prakoso Teti Anggita Safitri, Teti Anggita Ummu Mahmudah Umu Mahmudah Umu Mahmudh Vensy Vidya Wafiayati Nuramrina Wafiyati Nur Amrina Wahdi , Nirsetyo Wahju Wulandari Yesica Maulidan Yesica Maulina Yofy Syarkani Yudawisastra, Helin G. Zaid Abdul Hamid