Financial literacy and data analysis impacts on business sustainability

Financial literacy and data analysis have emerged as critical drivers of business sustainability in an increasingly complex and competitive global economy. This study explores the interplay between financial literacy and data analytics, examining their combined impact on enhancing profitability, operational resilience, and long-term sustainability. Financial literacy equips business leaders with the knowledge and skills to make informed decisions, manage resources effectively, and mitigate financial risks. Meanwhile, data analysis provides actionable insights that bridge gaps in financial decision-making, enabling businesses to forecast trends, optimize operations, and adapt to dynamic market conditions. By integrating these capabilities, organizations can foster a culture of data-driven decision-making that enhances resource efficiency and supports sustainable growth. This research employs a mixed-methods approach, utilizing quantitative surveys and secondary data analysis to evaluate the relationship between financial literacy and data analytics in small and medium enterprises (SMEs). The findings highlight actionable strategies for improving financial literacy, adopting analytics tools, and overcoming barriers to integration. This study contributes to the theoretical understanding of financial literacy and data analytics synergy and offers practical recommendations for fostering sustainability in modern business practices.