Financial Analysis and Feasibility of Micro Business Development Sector Industry Tanjung Morawa District Deli Serdang

Yulita Triadiarti, Akmal Huda Nasution

2018

Abstract

Micro, Small, Medium Enterprises (MSMEs) has an important and strategic role on national economic development. The main role of MSMEs is to increase economic growth and labor absorption as well as the place where economic output will be distributed. In 1997-1998, MSMEs was able to survive in the middle of economic crisis and moreover the number of MSMEs was increasing rapidly after the year. The internal MSMEs’ obstacle to develop is capital. Evaluating the financial feasibility can be done by using analysis based on Net Present Value (NPV), IRR, and Payback period. In this case, the college which has the capacity of knowledge and the depth of study in managing the bankable and feasible enterprise can be MSMEs guider to undertake their business. This research study is about financial analysis of micro enterprise in industrial sector in sub-district Tanjung Morawa, Deli Serdang. The research area is chosen as it is near from Medan as well as one of industrial center in Sumatera Utara. The result of the research shows that micro enterprises in sub-district Tanjung Morawa are difficult to get additional capital so their business is not able to develop maximally. According to financial analysis, it is found that generally micro enterprises in sub-district Tanjung Morawa are feasible to be developed.

Paper Citation

in Harvard Style

Triadiarti Y. and Nasution A. (2018). Financial Analysis and Feasibility of Micro Business Development Sector Industry Tanjung Morawa District Deli Serdang.In Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES, ISBN 978-989-758-432-9, pages 208-212. DOI: 10.5220/0009496002080212

in Bibtex Style

@conference{unicees18,
author={Yulita Triadiarti and Akmal Huda Nasution},
title={Financial Analysis and Feasibility of Micro Business Development Sector Industry Tanjung Morawa District Deli Serdang},
booktitle={Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,},
year={2018},
pages={208-212},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009496002080212},
isbn={978-989-758-432-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,
TI - Financial Analysis and Feasibility of Micro Business Development Sector Industry Tanjung Morawa District Deli Serdang
SN - 978-989-758-432-9
AU - Triadiarti Y.
AU - Nasution A.
PY - 2018
SP - 208
EP - 212
DO - 10.5220/0009496002080212