Business Plan Research Articles

On the Borrowed Points and Danger Prevention of Cross-Border Tax Planning

International tax planning can reflect the level of an enterprise's multinational business management, but also relates to the financial cost of growth and decline, is a must for enterprise managers. International tax planning refers to the multinational taxpayers to make in advance, used to reduce the international tax obligations of multinational investment and business plans. With the global inflation, the use of reasonable means to reduce the tax burden in the international tax environment has become a practical need to promote the further development and growth of China's multinational companies, but at present, China's multinational enterprises are still in the initial stage of multinational operations, many managers for the discussion of the international tax planning only stays on the surface. Therefore, this paper analyzes the possibility of international tax planning, tax jurisdiction, policy loopholes, tax avoidance risks and hazard prevention from the perspective of Apple, for example, and analyzes Apple's Irish-Dutch Sandwich tax avoidance structure, which provides certain reference significance to our country's multinational tax planning.

Corporate Morality: A Systematic Review and Future Research Directions

The purpose of this study is to systematically review previous research on corporate morality, which is still under-researched. This research is to fill the literature gap and become a comprehensive understanding of corporate morality in the business environment. This study searched all publications examining corporate morality published from 1988 - 2023. A total of 13 studies from 23 articles were found from the Scopus database. This study found that corporate morality is the moral and ethical principles adopted by a company to direct its business actions and decisions. In addition, the findings of this study also managed to establish several factors that make up corporate morality as antecedents and impacts of corporate morality. However, this literature review only uses 1 database, namely Scopus, so further research can expand the scope of articles reviewed by using other data sources. This research contributes to helping academics and practitioners create more moral business plans.

Impact of Organizational Structure on the Implementation of Government Funded Projects at Kenya Ports Authority

The strategic planning process provided a structured approach aimed at developing and executing a comprehensive strategic business plan. This study aimed to examine the impact of organizational structure on the implementation of government-funded projects at the Kenya Ports Authority. The study was grounded in the systems theory. A descriptive research design was employed, targeting a population of 1,210 management staff at the Kenya Ports Authority’s Mombasa headquarters. The Slovin’s Formula was applied to determine the sample size, while a stratified random sampling method was employed to select 300 participants from the total population. The study incorporated both primary and secondary sources of data. Semi-structured questionnaires were used for primary data collection, generating quantitative data from closed-ended questions and qualitative data from open-ended questions. Quantitative data underwent analysis employing both descriptive and inferential statistical methods. Descriptive statistics involved the examination of data through percentages, mean, and standard deviation, while inferential statistics utilized Pearson’s product moment correlation (r) and multiple regression analysis to assess hypotheses at a 95% confidence level. Reliability was assessed using Cronbach’s alpha coefficient. Objectives were scrutinized using mean and standard deviation, while the impact of strategic planning on project implementation of government funded project in KPA was analyzed through regression analysis. Organization Structure (p=0.001) was found to significantly impact project implementation. The findings underscored the significant influence of organizational structure on implementation of government funded project in KPA.

Factors influencing entrepreneurial intention of university students: An empirical analysis from Islamic University, Bangladesh

Entrepreneurship is becoming more and more acknowledged as a key driver of creativity, economic growth, and job creation. This research is intended to verify the factors influencing Bangladeshi university student’s entrepreneurial inclinations based on empirical evaluations. This paper also examined the relationship between entrepreneurial intention and the factors desire for fulfillment, Locus of control, Family business background and entrepreneurial knowledge. Totally 26 attributes have been taken into consideration for designing questionnaire for the study. A questionnaire survey method is used with 200 respondents. For analyzing data have directly using SPSS (version-21). This study applied multiple regression analysis. This survey result demonstrated that desire for fulfillment and family business background have a significant influence on university student’s entrepreneurial intention. Students are inspired and encouraged to create their own businesses as a career by family businesses. Personal characteristics drive students to take professional risks because they feel driven to succeed. The remaining two factors, locus of control and entrepreneurial knowledge, have no significant influence on university student’s to be entrepreneurs in Bangladesh. The study's conclusions are anticipated to help policymakers create an efficient business plan that will foster the entrepreneurship of recent university graduates in a cutthroat industry and help them better understand their intentions as entrepreneurs in the context of Bangladesh.

Unraveling the Collapse: A Study of Failed Startups in India

The Indian startup ecosystem has experienced remarkable growth in a relatively short period, driven by a combination of factors such as government initiatives, improved access to capital, demographic strengths, and rapid technological advancements. Despite ongoing challenges, the resilience and creativity of Indian entrepreneurs continue to foster innovation and inspire optimism for the future. Startup failures in India highlight the importance of adopting a comprehensive approach that includes sound business planning, strategic resource management, and a resilient entrepreneurial mindset. With the right mix of policies, infrastructure, and investment, India is well-positioned to become a global hub of innovation, generating employment, boosting economic growth, and addressing some of the world’s most pressing issues through entrepreneurship. This paper examines the key factors contributing to the recent struggles of startups in India, focusing on 12 companies.

Development of Agribusiness in Tiwi, Albay

This study determined the status of agribusiness in Tiwi, Albay, as basis for the development of business plan. Specifically, it sought to answer the following sub- problems: 1) What are the areas of agribusiness in the Municipality of Tiwi, Albay?; 2) What are the status of agribusiness along; crop production, animal production, aquaculture production, and agri-support services and manufacturing?; 3) What are the contributions of the above areas in the agribusiness in Tiwi, Albay?; 4) What are the problems encountered in agribusiness?; and 5) What business plan may be proposed to address the problems encountered in agribusiness? The study involved presenting the agribusiness sectors contributions through tables and charts, emphasizing their economic impact and community significance. It addressed challenges by organizing issues like infrastructure or market access, supported by relevant data or case studies. It proposed a comprehensive business plan targeting specific problems with detailed strategies, cost estimates, and potential outcomes. Descriptive surveys are crucial in agribusiness research, providing detailed insights into agricultural practices and factors affecting productivity within a specific population. These surveys utilize statistical tools such as frequency percentage and weighted mean to accurately depict response distribution and measure the significance of variables. Synthesizing findings and ensuring proper citation and definition of terms in research helps draw meaningful conclusions and contribute to a broader understanding of agribusiness practices in the region. Incorporating literature demands a structured approach, starting with an introduction highlighting the topic's significance, organizing sources thematically or chronologically, and synthesizing findings while ensuring proper citation and defining terms for clarity. Descriptive surveys in agribusiness employed tools like frequency percentage to depict response distribution and weighted mean to gauge variable significance, offering precise insights into agricultural practices and factors affecting productivity within the surveyed population.

JOBLESS MARKET IN INDIA

The joblessness market in India is a basic financial issue, mirroring the confound between work organic market in the country. With a quickly developing populace and extending labor force, India's joblessness rate has been impacted by elements like financial stoppages, innovative interruptions, and insufficient expertise improvement. Primary issues in different areas, especially farming and assembling, have additionally exacerbated the issue. Regardless of government endeavors through business plans and changes, youth joblessness and underemployment stay huge difficulties. Understanding the elements of the Indian work market is fundamental for conceiving strategies that advance reasonable business open doors and financial development.

COIL Method in Economic Higher Education: The Stakeholders’ Perspective

COIL (Collaborative Online International Learning) is an innovative teaching method that allows students to experience international cooperation and develop intercultural skills using digital technologies. This online teaching method became popular recently based on the experience gained by higher education institutions during the COVID-19 pandemic. COIL is an effective and convenient teaching method that provides students with the experience of „internationalisation at home.” The COIL engages students, teachers, and business partners. As those groups have different educational needs and expectations, the question arises as to what extent this teaching method can address those needs. Therefore, the main objective of this paper is to identify the main benefits and limitations of the COIL method in economic higher education based on the empirical survey results. The survey was conducted after the successful COIL implementation in 2023/2024 in several courses at the University of Economics in Katowice, Poland. The COIL method was applied in the form of three different models and was organised in cooperation with partners from several European universities. In particular, the COIL method was applied within a course devoted to Digitalisation and Sustainability, aiming at developing projects on business plans for start-ups using innovative technologies to enhance sustainable development. The paper presents the COIL concept, course objectives, and learning outcomes, as well as an assessment of the COIL method from the perspectives of students, teachers, and business experts. The main findings suggest that all students appreciate the advantages of COIL: the possibility to gain international experience, improve communication and intercultural skills, and learn the basics of project management. They also signalled some challenges related to international teamwork. However, teachers, in general, are satisfied with the quality of outcomes of students’ cooperation, although applying the COIL method requires lots of administrative work and developing new skills. Similarly, business partners highly assessed the benefits of the COIL method for students in terms of their future professional careers.

A Review on Elizabeth Holmes and her Sinking Ship’s Backstory

The scandalous fraud of the Theranos company and every step taken by its founder, Elizabeth Holmes, is well known in the media. In order to learn more about this topic and identify areas in which the company's management has fallen short, a variety of articles, newsletters, and papers were examined. The whole story of this enterprise was told by carefully putting in context what happened to Holmes in the workplace and in her personal life. In college, when she met Balwani, a romantic partner and important member of Theranos' management, the Stanford dropout began working on her company idea. Both were convicted of offenses connected to this type of business management. Five essential questions, as outlined by Lafley & Martin (2023), encapsulate the decision cascade that should be incorporated into any business plan. This essay attempts to explain Theranos' decision-making process in light of these considerations, complementing it with the strategic view defined by Porter’s five forces. The facade of success that made it possible for investment to keep coming in while the technology did not make any progress was analysed too, divided into two parts: red flags and Elizabeth’s crafted discourse about the company. Through this article, it is easy to conclude that Theranos’ mismanagement was responsible for its collapse. With all that said, the following questions remain: Is there a bright future after a huge mistake? Perhaps a second attempt to help people with no ulterior motives? What will happen next? What can be expected?

COIL method in economic higher education – the stakeholders’ perspective

COIL (Collaborative Online International Learning) is an innovative teaching method that allows students to experience international cooperation and develop intercultural skills using digital technologies. This online teaching method became popular recently based on the experience gained by higher education institutions during the COVID-19 pandemic. COIL is an effective and convenient teaching method that provides students with the experience of „internationalisation at home.” The COIL engages students, teachers, and business partners. As those groups have different educational needs and expectations, the question arises as to what extent this teaching method can address those needs. Therefore, the main objective of this paper is to identify the main benefits and limitations of the COIL method in economic higher education based on the empirical survey results. The survey was conducted after the successful COIL implementation in 2023/2024 in several courses at the University of Economics in Katowice, Poland. The COIL method was applied in the form of three different models and was organised in cooperation with partners from several European universities. In particular, the COIL method was applied within a course devoted to Digitalisation and Sustainability, aiming at developing projects on business plans for start-ups using innovative technologies to enhance sustainable development. The paper presents the COIL concept, course objectives, and learning outcomes, as well as an assessment of the COIL method from the perspectives of students, teachers, and business experts. The main findings suggest that all students appreciate the advantages of COIL: the possibility to gain international experience, improve communication and intercultural skills, and learn the basics of project management. They also signalled some challenges related to international teamwork. However, teachers, in general, are satisfied with the quality of outcomes of students’ cooperation, although applying the COIL method requires lots of administrative work and developing new skills. Similarly, business partners highly assessed the benefits of the COIL method for students in terms of their future professional careers.

The Impact of Artificial Intelligence for Advancement in Entrepreneurial Education

The changing technology has advanced into new advents like Artificial Intelligence. This technology has diffused into the classrooms through chatbots like ChatGPT, Claude, Google Bard, YouChat, KoalaChat, ChatOn, Microsoft Binge and many others. The conventional softwares are only updated by humans while Artificial Intelligence can correct and remodel itself. Artificial Intelligence is assisting the entrepreneurial organizations and students in data analysis, automation and Natural Language Processing (NLP). It also helps the entrepreneurial organizations in strategic decision making and managing operations and accounts. This research focuses on the opportunities and challenges posed by Artificial Intelligence in the entrepreneurial education across various business schools. It examines the benefits of chatbots for educational purposes. It also studies the limitations of chatbots. It enquires about the business advice sought from chatbots. For this purpose, a survey was applied amongst students of entrepreneurial courses to analyze the impact of Artificial Intelligence in our classrooms. It is a study performed on 103 students enrolled in entrepreneurship courses at two management institutes of India between August, 2023, and December, 2023. The study focuses on the benefits of AI in areas such as assisting in classroom activities like such as market research, competitor analysis and legal aspects. It also aids the students in getting feedback for their assignments, preparing for examinations and rapid access to information. The research suggests that Artificial Intelligence is significantly contributing right from idea generation, planning, forecasting and progress evaluation of business plans to entrepreneurial students. It is extensively helping the entrepreneurial students in developing the business model canvas which assists them in designing the blueprint of the project, strategic management, and development of innovative business models. It also assists in improving the productivity and efficiency of students. This research would facilitate students, teachers and business schools imparting entrepreneurial curriculum inculcate Artificial Intelligence into the classroom studies.

Adaptation of Islamic Finance to the Performance of MSMEs in the Halal Food Industry

Research Originality: The findings of this research will contribute to the Islamic finance literature by answering the research gap between the relationship between MSME adaptation of Islamic finance implementation and MSME performance and providing practitionerinsight for policymakers and MSMEs in the halal food industry.Research Objectives: This study aims to determine the adaptation of Islamic finance to the performance of MSMEs in the halal food industry. Research Methods: The method used a quantitative and explanatory approach. The number of samples in this study was 212 MSME units taken by simple random sampling (SRS). The number of samples in this study is based on the needs of the analytical tools used. The analysis technique used is the structural equation model (SEM) approach with the help of the LISREL program.Empirical Results: The main findings show that halal industry MSMEs that adapt to Sharia finance tend to have a higher level of innovation than those that do not. Data shows that financing by Sharia principles enables MSMEs to allocate their resources more effectively, strengthening their ability to innovate in products and services. Innovations carried out by halal industry MSMEs that adopt a Sharia financial approach are more consistent with Sharia values, which leads to increased acceptance by Muslim consumers.Implications: MSME halal industry managers may consider adopting Islamic finance strategies as part of their business plans. This adoption includes using Sharia financing, investing according to Sharia principles, and managing their finances according to Sharia values. Managers also need to actively develop networks and collaborate with other stakeholders, including Sharia financial institutions, educational institutions, and other companies in the halal industry ecosystem.JEL Classification: D14, G21, L25How to Cite:Gunarto, M., & Yanti, P. (2024). Adaptation of Islamic Finance to the Performance of MSMEs in the Halal Food Industry. Etikonomi, 23(2), 369 – xx. https://doi.org/10.15408/etk.v23i2.34271.

The Business Plan: Al-Amin Living Lab and Industrial Park of Goat Farming

The goal of this research is to examine and assess the business plan for goat farming within the Al-Amin Living Lab and Industrial Park area, located in Kutalimbaru District, Sampe Cita Village. The specific target of this research is to find the factors that influence the development strategy of the goat farming business plan in the Al-Amin Living Lab and Industrial Park area in Kutalimbaru District, Sampe Cita Village. So that in making decisions to determine strategies that can create success in the goat farming business. This research uses a Quantitative Descriptive research approach, where this study is related to data that describes the factors and success strategies in building a goat farming business in the Al-Amin Living Lab and Industrial Park area in Kutalimbaru District, Sampe Cita Village. The data analysis used is SWOT analysis, a strategic planning method used to Evaluate Strengths, Weaknesses, Opportunities, and Threats that occur in projects or a business venture. The results of the study explain that the results of the analysis of non-financial aspects, namely market aspects, technical aspects, management aspects, legal aspects, and social aspects, the sheep fattening business is feasible to implement. The results of the analysis of financial aspects which include NPV, IRR, Net B/C, and payback period, this sheep-fattening business is feasible to implement.

Economic evaluation of willingness to pay for natural gas supply reliability in Korea

This study evaluates the economic value and supports infrastructure development of constructing a circular network to improve natural gas supply stability. This study applies a double-bounded dichotomous choice model and shows that households and commercial users are willing to pay an additional 2.97% and 1.19% of their monthly gas bill, respectively. This study also shows the impact of gas supply understanding and population density on willingness to pay (WTP) for both sectors. Scenario analysis is conducted to analyze the cost-benefit ratio for a hypothetical region, which may be useful in setting up new business plans.

Japanese Restaurant Business Plan In New Capital Nation of Indonesia

Plan the capital of Indonesia has moved being in East Kalimantan Province, providing opportunities and chances promising business-like Japanese Restaurant. This addressed for give planning and feasibility business on Japanese Restaurant in East Kalimantan Province. Japanese Restaurant This own potency big for success with superiority material standard easily available, unique taste, diverse menu, location strategic, and halal food, as well as promotional strategies through social media and delivery services. SWOT analysis shows strengths and opportunities that can be utilized, as well necessary weaknesses and threats overcome. Planning finance with capital of IDR 750,000,000 shows projection sale positive with a target of IDR 9,720,000,000 in five years, IRR 27.47%, and NPV IDR 324,787,595. With a strong marketing strategy and proper management, restaurants This expected Achieve planned sales and profit targets.

Mastering Business Planning and Strategic Development: Comprehensive Approaches for Achieving Long-Term Success and Competitive Advantage

Mastering company planning and strategy development was essential in today’s dynamic corporate landscape to ensure long-term success and sustain a competitive advantage. This reviewed article consolidates current research and case studies to examine complete strategies that organisations use to improve their strategic capabilities. The research highlighted the significance of incorporating real-time data analytics, adaptable goal-setting frameworks, and new technologies like artificial intelligence and machine learning into strategic planning processes. Agile approaches were crucial for iteratively implementing plans, and promoting the capacity to adapt and respond to changes in the market. Moreover, the study emphasised the need to implement continuous evaluation frameworks that included real-time monitoring and feedback loops to guarantee the continual improvement of strategies. This study also investigated the impact of leadership and organisational culture on promoting strategic agility and continuous improvement. The results indicated that an integrated strategy, in which research, goal-setting, execution, and evaluation activities were interrelated, was crucial for the development of efficient and relevant corporate strategies. By adhering to these suggestions, organisations may more effectively traverse the intricacies of the contemporary industry, guaranteeing long-term success and a strong competitive edge. Keywords: Business planning, Strategic Development, Competitive advantage, Real-time data analytics, Flexible goal-setting.

Essential Steps and Strategic Considerations for Successfully Launching a Small-Scale Business

To achieve a successful launch of a small-scale firm, one must carefully navigate through many crucial procedures and strategic considerations. This review essay thoroughly analysed the fundamental activities and techniques required for a successful company’s commencement. Essential elements include completing comprehensive market research to find possibilities and comprehend competition, formulating a comprehensive business plan that delineates objectives, strategies, financial forecasts, and operational plans, and obtaining sufficient finance. The research highlighted the significance of robust financial management methods, including budgeting, cash flow management, and financial forecasting, to guarantee stability and facilitate development. Efficient allocation of resources, adaptation to market changes, and harnessing technology were important strategic considerations for overcoming common difficulties and attaining lasting success. The essay consolidated the latest research and optimal methodologies, offering practical insights for entrepreneurs to improve their company performance and overcome frequent challenges. Suggestions included consulting with specialists, being attentive to market fluctuations, and enhancing the availability of financial resources and support networks. This exhaustive analysis provided a beneficial structure for small-scale enterprises seeking to develop a robust basis for expansion and long-term sustainability. Keywords: Small-scale business, Business launch, Market research, Business plan, Financial management.

METHOD OF MONITORING TRAFFIC FLOWS USING THE BRIEFCAM SYSTEM

Urban logistics forms the backbone of modern cities, ensuring the efficient movement of goods and services. With growing urbanisation and traffic congestion, optimising traffic flows has become crucial. The study monitors traffic flows using BriefCam software to enhance sustainable urban logistics. Cost-effective surveillance systems like CCTV generate vast data, opening new opportunities for improving traffic flow monitoring. Traditional methods, while reliable, are limited by labour intensity, cost, and accuracy. BriefCam software optimises vehicle monitoring through structured methodologies, including collection of data, filter application, result validation, and data generation. Utilising this data provides insights to improve traffic management, urban transport speed, and sustainable logistics practices. Modern cities use affordable CCTV systems, operating 24/7 and accumulating vast data suitable for automated traffic monitoring. Traditional methods require significant labour and costs, whereas floating car data (FCD) offers real-time traffic data collection, despite some reliability issues. BriefCam provides an innovative approach with a structured methodology for monitoring vehicles, aiding in sustainable urban logistics by optimising traffic flows and improving urban transport speed. The article provides a detailed look at the methods used in the study, the process of using BriefCam to monitor vehicles, the filters applied for detailed analysis, techniques for verifying the results, and general conclusions drawn from the study. Efficient traffic management based on this analysis can lead to additional measures during peak hours, optimising traffic lights, and increasing lanes. Knowing the time frames when freight vehicle numbers rise helps businesses plan deliveries to avoid peak congestion, enhancing logistics efficiency. BriefCam software offers immediate insights for reducing congestion, enhancing safety, and improving urban quality of life. Integrating digital approaches with traditional methods provides a comprehensive view of traffic dynamics, which aids urban planners and policymakers in optimising strategies, reducing emissions, and creating better living conditions in cities. Keywords: traffic monitoring, urban traffic management, intelligent transport systems, freight traffic flow.

The Effect of Market Structure on Sales of Coal Companies Listed on the Indonesia Stock Exchange (IDX) for the Period 2018 - 2022

The limited product diversification of the Indonesian coal mining industry underscores the imperative for the formulation of strategic business plans to navigate the intensifying market competition. This study aims to examine the market structure, the factors influencing sales, and the impact of market structure on the sales performance of coal mining companies in Indonesia. This study employs a quantitative method and utilizes a range of analytical techniques, including CR4, HHI, MES, CLR, PCM, and multiple linear regression. The CR4 and HHI analysis revealed that the market structure of coal mining companies in Indonesia is classified as a highly concentrated tight oligopoly. The MES analysis yielded the conclusion that new companies in the sector face significant barriers to market entry. The findings of the CLR analysis, which indicates that the coal mining sector is a capital-intensive industry, suggest that equity and capital factors are the primary contributors to the challenges faced by new companies attempting to enter the market. The results of the multiple linear regression analysis indicate that equity factors and production volume have a positive and significant effect on company sales. This finding is corroborated by the PCM analysis, which suggests that companies with low market share tend to set higher margins to obtain greater profits. Increasing investment levels may serve as a viable business strategy, particularly when supported by government policies aimed at fostering a secure and stable investment environment to enhance company equity and capital.

Strategi Pengelolaan Ide dan Gagasan untuk UMKM Warung Bakso menuju Kesuksesan dalam Industri Kuliner

This study aims to explore and analyze the strategy of managing ideas and ideas to increase profitability in Micro, Small and Medium Enterprises (MSMEs) meatball stalls. The method used for this research adopts a qualitative analysis approach and library research method. The data used in this research is secondary, which is obtained from books, journals, articles, and other sources relevant to the strategy of managing ideas and ideas in the culinary industry. The data collection technique is done by collecting reading material related to the problem under study. The results showed that Indonesian culinary MSMEs have a strong reputation and heritage, but are experiencing changes. To increase profitability and competitiveness, effective business planning and development strategies are essential. Business planning involves analyzing the industry, customers, and competitors, and identifying short- and long-term goals. Business development involves identifying opportunities, formulating business alternatives, selecting the best, implementing and evaluating. Idea and idea management strategies such as operational cost management, setting the right pricing policy, and improving operational efficiency are necessary to increase profitability.