Jurnal Pengabdian Pancasila (JPP)
Vol. 3 No. 4 (2024): December 2024

Training on Financial Management and Budget Planning for the Sustainability of MSMEs

Asiah, Neng (Unknown)
Sabaruddinsah, Sabaruddinsah (Unknown)
Wulandari, Dian Sulistyorini (Unknown)
Devarianti, Yusnia (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

This community service program aimed to enhance the financial management and budget planning capabilities of Micro, Small, and Medium Enterprises (MSMEs) in the stationery and office supply sector in Cikarang Pusat. The program was conducted over two weeks from August 12 to August 26, 2024, with weekly training sessions held at the business locations of the participants. A total of eight MSME owners actively participated in the training, which focused on key financial management concepts such as cash flow management, expense tracking, and profit analysis. The program utilized a combination of theoretical presentations and practical workshops to ensure the immediate application of the learned skills. The results of the program were highly positive, with significant improvements observed in participants' financial literacy and practical skills. Financial literacy increased from 25% to 87.5%, the ability to create a budget rose from 12.5% to 87.5%, and 75% of participants successfully implemented effective cash flow management practices. The findings underscore the importance of targeted, hands-on training in improving MSMEs' financial practices and supporting their sustainability.

Copyrights © 2024






Journal Info

Abbrev

jpp

Publisher

Subject

Social Sciences Other

Description

Jurnal Pengabdian Pancasila (JPP) is a forum for publication of the results of community service carried out by researchers, academics, and the wider community. The JPP journal aims to explore the problems and solutions faced by the Indonesian people in achieving prosperity. JPP Journal is an online ...