West Science Journal Economic and Entrepreneurship
Vol. 1 No. 11 (2023): West Science Journal Economic and Entrepreneurship

MSMES Success Strategy: Unveiling the Secrets of Inspiring Small Business Success

Wahyudin, Ahmad (Unknown)
Sudarmiatin, Sudarmiatin (Unknown)
Wardana, Ludi Wishnu (Unknown)



Article Info

Publish Date
30 Nov 2023

Abstract

Identify and analyze key factors that lead to success in micro, small, and medium-sized enterprises (MSMES). This research aims to provide in-depth insigh into the strategies used by successful MSMES, with the hope of providing practical guidance to other UMKM. The research methods used include surveys, interviews, and analysis of case studies of a number of UMKMs considered successful. The results reveal the secrets of success, including effective marketing strategies, smart financial management, product innovation, superior customer service, and engagement in the local business community. The findings are expected to be a source of inspiration for MSMES owners and prospective entrepreneurs, as well as to make a positive contribution to the development of the UMKM sector as a whole. By understanding and implementing proven successful strategies, MSMES has the potential to increase their competitiveness in the market and long-term success.

Copyrights © 2023






Journal Info

Abbrev

wsee

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Economics and Entrepreneurship published since 2023 by Westscience Press. Editors receive scientific articles from research results, surveys, and literature reviews closely related to the Economics and Entrepreneurship sectors. WSJEE is a peer-reviewed and open-access scientific magazine. ...