Impact of Natural Disasters on Small and Medium Enterprises (UMK) in Indonesia

Abstract

Business operations and their long-term viability suffer greatly from natural disasters' direct and indirect effects. Over the course of the past few years, this catastrophic event has had a significant impact on Indonesia's Small and Medium Enterprises (SMEs). Little and medium-sized undertakings (SMEs) represent almost 66% of all confidential area occupations in created countries like the European Association and record for roughly 99.99 percent of monetary movement. In developing nations, where small and medium-sized businesses account for more than 90% of all businesses, the situation is similar. In 2020, small and medium-sized enterprises (SMEs) will account for 15.7 percent of Indonesia's exports and employ 97% of the nation's workforce. In any case, SMEs are likewise presented to different dangers, for example, cataclysmic events, that can possibly hurt their organizations. This paper means to recognize the sorts of cataclysmic events that influence little and medium-sized ventures (SMEs) in Indonesia, assess the impacts of those debacles, and pinpoint issues with SMEs' catastrophic event moderation. The study information were examined by graphic measurable investigation to figure out which catastrophic events experienced more the respondents. An overview was led among SMEs in Indonesia in 2021 to recognize the kinds of debacles that happened and their effects. The survey is also used to find out what SMEs need help with when it comes to preventing natural disasters. According to the findings of this study, SMEs in Indonesia are impacted by natural disasters, with flooding being the most common type. These findings lead to suggestions for SMEs on how to either avoid or at least lessen the impact of natural disasters on their businesses.