A micro business as an economic development tool – a case study of tahu iwul. Issue 1 (May 2020)

• Record Type: Journal Article
• Authors: Anwar, S; Yuangga, K; Sholeh, B
• Is Part Of: IOP conference series. Volume 485:Issue 1(2020)
• Publication Date: 2020-05
• Subjects: Earth sciences -- Periodicals; Environmental sciences -- Congresses; Environmental sciences -- Periodicals; 550.5
• DOI: 10.1088/1755-1315/485/1/012065
• Languages: English
• ISSNs: 1755-1307

Abstract

Abstract: This study was aim to rise the marketplace from Tahu Iwul as a local product to improve the regional economy. This research was dedicated on understanding the micro business owner, their input to the local economy in terms of jobs, profit, and their ability to bring outside rupiah into a local economy. As the major economic engine in numerous areas, especially in rural areas, the success of a micro business is important to a local society's development and progress. The research also appraised the support needs of the micro business owner through start up and ongoing operation. Most often, the business owners stated a need for assistance with marketing and financing. The researchers also investigated what agencies these micro business owners have turned to for help. A micro business, definite as having ten employees or less, represent a considerable sub-segment of all small businesses. As such, they are qualified as a significant giver to economic growth of community. A key element in development of a well community rests on the strength and multiplicity of its local economy. Finally, local economy is able to provide a community with consistently growing economy.