Petrus Pius Salamin, Francisca Hermawan


This article aims to (1) design an appropriate financial planning model for a restaurant, (2) give an example of a financial planning model that may be can be applied to the same kind of business, (3) give a guidance to the owner and employee in daily financial operational activity. This article is based on (1) the analysis of theory and its application in a real business, especially at  Blue Oceanrestaurant, as a new business, (2) survey on the surrounded area, and (3) interview with  the business’ owners in the surrounding area .We have analyzed all the data and information, and then try to describe it in a financial planning model, consisting of needs and uses of investment funds (Start-up cost), start-up balance sheet, pro forma income statement, cash budget, pro forma endingbalance sheet.It can be concluded that a financial planning model  will give a clear guidance to the owner and the employeehow to manage daily operation and financial control, and it is clear what financial goals and objectives have to be achieved by the owner (in the next five years).


Financial Planning Model; Blue Ocean Restaurant

Full Text:



Anggraeni, G., Lin, C., & Azizah, S. (2019). Using SWOT and AHP to Evaluate the key Factors on Management of Indonesian Restaurant. Jurnal Ilmu-Ilmu Peternakan, 29(2), 167-177.

Barringer, B. R., & Ireland, R. D. (2012). Entrepreneurship, Successfully Launching New Ventures, Fourth Edition. Pearson Education Limited.

Brinckmann, J., Grichnik, D., & Kapsa, D. (2010). Should Entrepreneurs Plan or Just Storm the Castle? A Meta-Analysis on Contextual Factors Impacting the Business Planning–Performance Relationship in Small Firms. Journal Of Business Venturing, 25(1), 24-40.

Chen, S., DeFond, M. L., & Park, C. W. (2002). Voluntary Disclosure of Balance Sheet Information in Quarterly Earnings Announcement. Journal of Accounting and Economics, 33(2), 229-251.

Dastgir, M., Sajadi, H. S., & Akhgar, O. M. (2010). The Association Between Components of Income Statement, Components of Cash flow Statement and Stock Returns. Business Intelligence Journal, 3(1), 9-21.

Dunn, P., & Liang, K. (2011). A Comparison Of Entrepreneurship/Small Business and Finance Professors'reaction To Selected Entrepreneurial And Small Business Financial Planning And Management Issues. Journal of Entrepreneurship Education, 14, 93.

Fatoki, O. (2012). An Investigation Into the Financial Management Practices of New Micro-Enterprises in South Africa. Journal of social sciences, 33(2), 179-188.

Husnan, S., & Suwarsono, M. (2014). Studi Kalayakan Proyek Bisnis, Edisi Kelima. UPP STIM YKPN

Khan, Z. A. (2017). Profit Maximisationas an objective of a firm-A Robust Perspective. International Journal of Research in Finance and Marketing, 217-219.

Mariotti, S., & Glackin, C. (2016). Entrepreneurship, Starting and Operating a Small Business, 4th Edition, Pearson Education, Inc.

Miller, M. (2008). Alpha Teach Yourself, Business Plans, dalam 24 Jam. Prenada.

Palepu, K.G., & Healy, P.M. (2008). Business Analysisand Valuation: Using Financial Statements, 4th ed. (Mason, OH: CengageSouth-Western)

Salamin P.P., Hermawan F., Setiawan K. (2018). Market and Financial Analysis: A Case Study On “Pndok Maranggi 17” Restaurant. Rusian Journal of Agriculture and Socio-Economic Sciences (RJOAS), 5 (77), 48-53.

Scarborough, N. M., & Cornwall, J. R. (2016). Essential of Entrepreneurship and Small Business Management, Eight Edition, Pearson Education Limited

Sutojo, S. (2000). Seri Manajemen Bank No. 2, Pembiayaan Investasi Proyek (Capital Budgeting), PT Darma Mulia Pustaka

Zimmerer, T. W., Scarborough, N. M., & Wilson, D. (2008). Essential of Entrepreneurship and Small Business Management, 5th edition, Pearson Education Limited


Article Metrics

Abstract view : 0 times
PDF - 0 times


  • There are currently no refbacks.


Ruang Jurnal Manajemen Bisnis
Gedung Ki Bagus Hadikusuma (E3) Lantai 3, Universitas Muhammadiyah Yogyakarta, 
Jalan Brawijaya, Tamantirto, Kasihan, Bantul, Daerah Istimewa Yogyakarta, Indonesia
Website: - E-mail:
Phone: +62 274 387 656 (ext: 118)

Jurnal Manajemen Bisnis is licensed under Creative Commons Attribution 4.0 International Licensed