Problem analysis of financial aspects of halal culinary micro enterprises

Management Major, Faculty of Economics and Business, University of Trunojoyo Madura, Indonesia

^* Corresponding author: reza.adiyanto@trunojoyo.ac.id

Abstract

This research aims to recommend priority problems that must be resolved regarding the financial aspects of halal culinary micro-enterprises in Bangkalan Regency. Data on financial aspects of micro business problems was taken using interview, observation, documentation, literature study and questionnaire methods. A questionnaire instrument was used to obtain data on weighting problems regarding the financial aspects of micro businesses. The questions asked in the questionnaire are related to preferences and assessments of aspects of the financial problems of halal culinary micro-enterprises that are being evaluated. The research respondents were 12 people who were determined using a purposive sampling technique, with the criteria of understanding culinary micro businesses in Bangkalan which included academics, bureaucrats, business actors, culinary micro business associations and banking employees. The collected data is processed using Analytic Hierarchy Process modeling, starting from identifying goals, to analyzing results. Through the Analytic Hierarchy Process, it can be seen that the main challenge faced by halal culinary micro businesses in Bangkalan Regency is poor financial records which have an impact on business sustainability and growth. Therefore, improving financial records is a top priority that needs to be addressed with training, the use of applications that are simple and easy to use. The government must provide training and assistance as well as provide incentives or subsidies to micro businesses that implement a good financial recording system. Good financial records will encourage the growth of halal micro businesses in Bangkalan and will strengthen the regional and national economy.