In a business, including MSMEs, capital originating from debt can be a lever to increase the capacity and performance of MSMEs. However, debt can also cause financial problems and even bankruptcy in business, especially in the midst of a pandemic like the current one, if it is not controlled. What should we pay attention to after we have debt? Of course, pay attention to our debt to asset ratio, not more than 50%, and our debt to income ratio not more than 30%. When our financial records show an increase in this ratio, we can immediately take action. Before we decide to apply for debt, debt planning must be done as carefully as possible. Starting from how much debt is needed, what costs the debt will be used for, and don’t forget to consider your ability to pay off the debt. Make calculations as realistic as possible involving all risks and business plans. Make a debt settlement plan. Set a personal target to get funds to pay off debt installments, long before the due date comes. Don’t forget, instill motivation in ourselves that the sooner the debt is paid off, the sooner our business will be free from financial burdens. In this book we will discuss in detail the financial management of MSMEs, not only that, but we discuss MSME organizations, the commitment of MSME organizations, as well as the software needed to improve the quality of MSME financial reports. This book is useful, apart from academics, but also for MSME business practitioners, so that they can run their business smoothly and well, based on good governance, which is also discussed in this book. The end of this book is to tell you how to solve problems that commonly occur in MSMEs and start-up businesses.

B0S1119

657.45 ROS f

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