Long Term Financial Planning using Financial Performance Analysis and Prospective Analysis in XYZ Workshop

Hani Novanti, Hasnul Suhaimi

2019

Abstract

This research is in the form of business coaching conducted at SME XYZ Workshop, located in Margonda Raya, Depok. This study aims to address the chalenge in constructing financial projection for small business based on the experience of the XYZ Workshop. A series of structured coaching and interviews with the owner and staff with additional secondary data from the historical finansial transaction of XYZ Workshop in Depok. Subsequently, the results were analyzed with gap analysis and finansial analysis. Based on the mapping of the condition of the workshop, there is some gap between the actual conditions that occur with the expected ideal condition. One of that is, the owner of XYZ Workshop didn't use financial analysis and projection for investing and capital budgeting desicion. The need for financial analysis and was a proposal submitted to XYZ Workshop. This business coaching process is expected to help XYZ Workshop and other SMEs to improve their performance.

Paper Citation

in Harvard Style

Novanti H. and Suhaimi H. (2019). Long Term Financial Planning using Financial Performance Analysis and Prospective Analysis in XYZ Workshop.In Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB, ISBN 978-989-758-408-4, pages 438-449. DOI: 10.5220/0008432304380449

in Bibtex Style

@conference{icib19,
author={Hani Novanti and Hasnul Suhaimi},
title={Long Term Financial Planning using Financial Performance Analysis and Prospective Analysis in XYZ Workshop},
booktitle={Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB,},
year={2019},
pages={438-449},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008432304380449},
isbn={978-989-758-408-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB,
TI - Long Term Financial Planning using Financial Performance Analysis and Prospective Analysis in XYZ Workshop
SN - 978-989-758-408-4
AU - Novanti H.
AU - Suhaimi H.
PY - 2019
SP - 438
EP - 449
DO - 10.5220/0008432304380449