Financial and Risk Planning: Repair Service Business in Indonesia, "Fix n Clean"

Abstract

Fix n Clean is a startup company engaged in repair services in Indonesia. The repair service market in Indonesia is quite large and the demand for this business is very potential to be created. Therefore Fix n Clean performs financial and risk analysis by performing financial calculations and analysis as well as looking at the existing risks. The method used uses elements of financial planning contained in the framework and risk management with the ISO 31000:2018 approach. From a financial perspective, the analysis carried out includes an investment feasibility analysis as well as an analysis of financial performance needed to identify the prospects of an investment plan and as a basis for making decisions to reject an unprofitable investment. In terms of risk, the analysis carried out includes risk identification and risk treatment. The results of the financial analysis show that Fix n Clean investments can be made. The results of investment analysis can assist management in making strategic decisions and the results of risk management can mitigate risks so that the business can run well. Keywords: Repair Service, Financial Analysis, Risk Management, Business Plan.

Financial Analysis and Risk Management Plan for the Development PT Sangyo Jaya Abadi (Subsidiary PT Kuroshio Jaya Abadi)

“…So that the risk management planned by PT Sangyo Jaya Abadi has goals and objectives that are based on the company's vision and mission. The purpose of risk management is to ensure that the company's vision and mission can be achieved on target (Dewantoro et al, 2022). The scope of risk management should refer to the objectives of the company's risk management (Saputra et al, 2021).…”

“…Always involve commitment from all parties, and supported by leadership who is aware of the importance of risk management. Dewantoro et al, 2022, said the effectiveness of risk management depends on its integration into the organization's management, including the decision-making process. Thus it requires support from stakeholders, especially from top management.…”