EFFORTS TO INCREASE COFFEE STORE BUSINESS INCOME THROUGH FINANCIAL LITERATURE DURING THE COVID-19 PANDEMIC
Article
DOI:
https://doi.org/10.38156/sjpm.v1i02.131Keywords:
Financial Literacy, Business Income, Coffee ShopAbstract
The existence of a coffee shop (warkop) as a business option for the community is very easy to find where it serves coffee of various types. The ease of entering the coffee shop market has an impact on the competition between coffee shops in obtaining increasingly fierce consumers. The COVID-19 pandemic also has an impact on the sustainability of coffee shops because income has decreased and cannot finance business operations. Micro, Small and Medium Enterprises (MSMEs) coffee shops who have good financial literacy will be able to manage finances and increase business income. This community service aims to provide assistance to coffee shop business actors, especially in Omak Kopi SMEs regarding financial literacy and financial management. The results of this assistance are MSME actors Omak Kopi (1) have financial literacy in the medium category including financial institution service products to invest by saving, making loans, and insurance; and (2) able to perform financial management by making good financial records. This assistance has implications for increasing financial literacy and managing business finances which in turn increases the income of MSME actors during the COVID-19 pandemic.
Financial Literacy; Business Income; Coffee Shop
References
Hapsari, I.M. (2020). Identifikasi Berbagai Permasalahan yang Dihadapi oleh UMKM dan Peninjauan Kembali Regulasi UKM sebagai Langkah Awal Revitalisasi UKM. Jurnal PERMANA, 5(2), 20-32.
Indonesia Financial Services Authority (OJK). (2017). Literasi Keuangan. http://www.ojk.go.id/ id/kanal/edukasi-dan perlindungankonsumen/Pages/Literasi-Keuangan.aspx. Accessed in August 20, 2018.
Indonesian Financial Literacy National Strategy (SNLKI). (2019). Literasi Keuangan. http://www.ojk.go.id/id/berita-dan-kegiatan/publikasi/Pages/Strategi-Nasional-Literasi-Keuangan-Indonesia-2021-2025.aspx. Accesed in December 19, 2021.
Law Number 20. (2008). The National Education System. http://simkeu.kemdikbud.go.id/index.php/peraturan1/8-uu-undang-undang/12-uu-no-20- tahun-2003-tentang-sistem-pendidikan-nasional
Layyinaturrobaniyah & Zuenita, W.O. (2017). Pendampingan Pengelolaan Keuangan Usaha Mikro di Desa Purwadadi Barat dan Pasirbungur Kabupaten Subang. Jurnal Pekbis, 9(2), 91-103.
Mardiasmo. 2018. Perpajakan Edisi Terbaru 2018. Yogyakarta: Penerbit Andi Offset.
Margaretha, F. & Phambudi, R.A. (2015). Tingkat Literasi Keuangan pada Mahasiswa S-1 Fakultas Ekonomi. Jurnal Manajemen dan Kewirausahaan, 17 (1), 76-85. https://doi.org/10.9744/jmk.17.1.76-85
Ministry of Cooperatives and Small and Medium Enterprises of the Republic of Indonesia. (2021). Konsumsi Kopi di Indonesia tahun 2016-2020. https://www.kemenkopukm.go.id/data umkm
Nasri, R., Aini, N. & Sunarti, A.M. (2020). Pendampingan Kewirausahaan pada UKM Binaan Kopi Hallu Kedaung, Tangerang Selatan, Banten. Prosiding Seminar Nasional Pengabdian Masyarakat Universitas Muhammadiyah Jakarta.
Octavina, L.A. & Rita, M.R. (2021). Digitalisasi UMKM, Literasi Keuangan, dan Kinerja Keungan UMKM: Studi pada Masa Pandemi Covid-19. Journal of Business and Banking, 11(1), 73-92.
Rahayu, C.W.E. & Rahmawati, C.H.T. (2021). The Determinant Factors of Personal Financial Management of Indonesian Migrant Workers in Hongkong. MIX: Jurnal Ilmiah Manajemen, 11(1), 47-63. http://dx.doi.org/10.22441/mix.2021.v11i1.004
Rahayu, C.W.E. & Rahmawati, C.H.T. (2022). Financial Management of MSME in Culinary Industry According To Demographics And Financial Literacy. JMBE: Journal of Management and Business Environment, 4(1), 82-99. https://doi.org/10.24167/jmbe.v4i1.4626
Solikatun, D.T.K. & Demartoto, A. (2015). Perilaku Konsumsi Kopi sebagai Budaya Masyarakat Konsumsi: Studi Fenomenologi pada Peminum Kopi di Kedai Kopi Kota Semarang. Jurnal Analisa Sosiologi, 4(1), 60-74.
Taft, M.K., Hosein, Z.Z., Mehrizi, S.M. & Roshan, A. (2013). The Relation between Financial Literacy, Financial Wellbeing and Financial Concerns. International Journal of Business and Management, 8 (11), 63-75.
Tanan, C.I. & Dhamayanti, D. (2020). Pendampingan UMKM dalam Pengelolaan Keuangan Guna Peningkatan Ekonomi Masyarakat di Distrik Abepura Jayapura. Amalee: Indonesian Journal of Community Research and Engagement, 1(2): 173-184.
https://www.instagram.com/omak_kopi/?hl=id
www.ojk.go.id
