Financial Strategy for Successful Management of Minikitchen Restaurant using Cash Flow Management
Keywords:
Cash Flow Management, Financial Strategy, Financial Management
Abstract
Effective cash flow management will help restaurants to ensure the availability of sufficient funds for daily operations and future business growth, so a financial strategy is needed in managing Minikitchen restaurants using cash flow management. This study applies qualitative methods to help Minikitchen Restaurants implement revenue management strategies, appropriate pricing, SWOT analysis, and careful inventory management. The results of the study indicate that there are several financial strategies that can be applied for the success of Minikitchen restaurant management including preparing a realistic financial budget, managing cash flow effectively, improving understanding and skills in financial management, creating competitive advantages, and adapting to changes in the digital era.
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References
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[2] A. A. Bakri and I. R. Kadiman, “Kualitas Laporan Keuangan: Perspektif Kompetensi Sumber Daya Manusia, Sistem Akuntansi dan Pemanfaatan Teknologi Informasi,” Value-Relevance, vol. 1, no. 1, pp. 31–38, 2023.
[3] M. D. B. Vasthy, “Manajemen Arus Kas (Cash Flow) Dalam Usaha Mikro, Kecil, Dan Menengah (UMKM) Pada UMKM Batik Di Kampung Batik Semarang.” Unika Soegijapranata Semarang, 2017.
[4] A. Fatmawati, D. R. Mulyanti, H. Hasmidar, A. H. Nasution, and B. Muala, EKONOMI PERTANIAN: Pengantar dan Konsep Dasar Ekonomi Pertanian di Indonesial. PT. Sonpedia Publishing Indonesia, 2023.
[5] S. Safri and I. Iswandir, “ANALISIS LAPORAN KEUANGAN DALAM RANGKA PENYUSUNAN ANGGARAN KAS GUNA PENGAMBILAN KEPUTUSAN PADA PT XYZ,” J. MITRA Manaj., vol. 10, no. 1, 2019.
[6] H. Hasmidar, “Management Waste management in Makassar city,” Brill. Int. J. Manag. Tour., vol. 3, no. 2, pp. 23–36, 2023.
[7] A. Gebo, P. W. Aditama, I. B. G. Sarasvananda, and I. P. H. Permana, “SISTEM INFORMASI LAPORAN KEUANGAN PADA SMK NEGERI 1 ENDE BERBASIS WEB,” J. Krisnadana, vol. 1, no. 3, pp. 15–25, 2022.
[8] K. S. Kartini, I. N. T. A. Putra, K. J. Atmaja, and N. P. S. Widiani, “SISTEM INFORMASI PENJUALAN PADA SALAD YOO,” J. Krisnadana, vol. 1, no. 2, pp. 45–53, 2022.
[9] B. Kwintiana et al., DATA SCIENCE FOR BUSINESS: Pengantar & Penerapan Berbagai Sektor. PT. Sonpedia Publishing Indonesia, 2023.
[10] I. Nuryana, K. Margunani, and K. B. Mulyono, “Dampak Manajemen Kas Terhadap Kinerja Start-Up (Studi Empiris Start-Up HIPMI PT Kota Semarang),” Equilib. J. Ilm. Ekon. dan Pembelajarannya, vol. 8, no. 1, pp. 75–83, 2020.
[11] D. P. Hapsari and D. Manzilah, “Pengaruh Perencanaan Pajak Terhadap Manajemen Laba Dengan Arus Kas Operasi Sebagai Variabel Kontrol,” JAK (Jurnal Akuntansi) Kaji. Ilm. Akunt., vol. 3, no. 2, 2016.
[12] D. K. Hayes, J. D. Hayes, and P. A. Hayes, Revenue management for the hospitality industry. John Wiley & Sons, 2021.
[13] M. Nur, J. A. Hardianti, M. Syaharuddin, and A. Kasim, “Fertilizer Subsidy Policy Implementation Evaluation Government Onion Farmers Increase Productivity in Enrekang,” 2020.
[14] A. H. Nahak, W. Agustim, and N. I. Iriani, “Analisis Laporan Arus Kas Sebagai Dasar Penetapan Strategi Keuangan Pada Koperasi Daya Guna Mandiri Kota Malang Selama Pandemi Covid 19 (Suatu Pendekatan Analisis SWOT Dan QSPM).” Fakultas Ekonomi Universitas Tribhuwana Tungga Dewi Malang, 2022.
[15] A. A. Bakri, A. B. Wandanaya, V. Violin, and T. R. Fauzan, “The Application of UTAUT Modified Model to Analyze the Customers Use Behavior of Shopee Paylater,” J. Sistim Inf. dan Teknol., pp. 96–101, 2023.
[16] D. J. A. Butarbutar, A. A. Bakri, N. Rahmi, N. Hasti, and A. Santoso, “Digital Bank User Acceptance Analysis Using The Extended Technology Acceptance Model,” J. Sistim Inf. dan Teknol., pp. 36–40, 2023.
[17] A. A. Bakri, Y. Yusni, and N. Botutihe, “Analisis Efektivitas Penggunaan Teknologi Big Data dalam Proses Audit: Studi Kasus pada Kantor Akuntan Publik di Indonesia,” J. Akunt. Dan Keuang. West Sci., vol. 2, no. 03, pp. 179–186, 2023.
[18] A. A. Fauzi et al., PEMANFAATAN TEKNOLOGI INFORMASI DI BERBAGAI SEKTOR PADA MASA SOCIETY 5.0. PT. Sonpedia Publishing Indonesia, 2023.
[19] M. B. Ibrahim et al., METODE PENELITIAN BERBAGAI BIDANG KEILMUAN (Panduan & Referensi). PT. Sonpedia Publishing Indonesia, 2023.
[20] A. Arifin, H. Haryanto, M. Basri, and A. Ansari, “Multicultural Approach in Developing Instructional Learning Material at Indonesian Senior High School,” in PROCEEDINGS OF THE 65th TEFLIN INTERNATIONAL CONFERENCE, 2018, vol. 65, no. 02.
[21] W. Kusmaryani, “Supporting and Engaging Border Area Teachers in Online Learning,” in 2nd International Conference on Innovation in Education and Pedagogy (ICIEP 2020), 2021, pp. 17–21.
[22] A. A. Bakri, E. Sudarmanto, N. D. P. S. Fitriansyah, A. Y. Rukmana, and E. Y. Utami, “Blockchain Technology and its Disruptive Potential in the Digital Economy,” West Sci. J. Econ. Entrep., vol. 1, no. 08, pp. 116–123, 2023.
[23] D. K. Pramudito, A. Nuryana, S. Assery, H. Purnomo, and A. A. Bakri, “Application of Unified Theory of Acceptance, Use of Technology Model and Delone & Mclean Success Model to Analyze Use Behavior in Mobile Commerce Applications,” J. Inf. Dan Teknol., pp. 1–6, 2023.
[24] M. Nur, J. R. Batmetan, and H. K. Manggopa, “Smart city maturity level analysis using itil framework,” in 5th UPI International Conference on Technical and Vocational Education and Training (ICTVET 2018), 2019, pp. 243–247.
[25] M. Nur, R. Hakim, and H. Hariady, “ANALISIS PENGELOLAAN BADAN USAHA MILIK DESA (BUMDes) SIPAKAMASE PINCARA KABUPATEN PINRANG,” PRAJA J. Ilm. Pemerintah., vol. 11, no. 3, pp. 185–193, 2023.
[26] A. B. DAHLIANA, H. HASMIDAR, and S. SUNARSI, “ANALISIS PERBANDINGAN PENDAPATAN USAHATANI PADI (ORYZA SATIVA L) TANAM PINDAH DAN HAMBUR LANGSUNG,” GANEC SWARA, vol. 17, no. 2, pp. 371–378, 2023.
[27] S. Rahayu, P. A. Cakranegara, T. M. Simanjorang, and S. N. Syobah, “Implementation of Customer Relationship Management System to Maintain Service Quality for Customer,” Enrich. J. Manag., vol. 12, no. 5, pp. 3856–3866, 2022.
[28] A. Mulyana et al., Manajemen keuangan. Penerbit Widina, 2023.
[29] D. P. Ompusunggu and N. Irenetia, “Pentingnya Manajemen Keuangan Bagi Perusahaan,” CEMERLANG J. Manaj. dan Ekon. Bisnis, vol. 3, no. 2, pp. 140–147, 2023.
Published
2024-02-28
How to Cite
H. Umar. (2024). Financial Strategy for Successful Management of Minikitchen Restaurant using Cash Flow Management. Jurnal Scientia, 13(01), 262-267. Retrieved from https://infor.seaninstitute.org/index.php/pendidikan/article/view/2916
Section
Articles
