Cirebon International Journal of Economics and Business
Vol. 1 No. 2 (2023): October 2023

Factors Affecting the Revenue of Furniture Companies in Majalengka

Dede Komariah (Unknown)
Syaeful Bakhri (Islamic Economics, Faculty of Islamic Economics& Business,IAIN Syekh Nurjati Cirebon)
Layaman Layaman (Islamic Economics, Faculty of Islamic Economics & Business, IAIN Syekh Nurjati Cirebon)



Article Info

Publish Date
31 Oct 2023

Abstract

The furniture industry in Cigasong District, Majalengka Regency, is a pivotal force in the local economy. However, sustained growth and prosperity for bothowners and employees rely heavily on consistent business income. This study, therefore, investigates the individual and collective factors influencing the incomeof furniture companies in Cigasong District.Employing a quantitative approach with saturation sampling (n = 59), the study analyzes data from questionnaires administered to company owners and employees. Results reveal that working capital, labor, and raw materials all significantly impact income. T-tests and anF-test confirm individual and joint significance of these factors. These findings suggest that strategic efforts aimed at optimizing working capital, labor management, and raw material utilization can contribute to enhanced financial stability and growth for furniture companies in Cigasong District.

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Journal Info

Abbrev

cijeb

Publisher

Subject

Economics, Econometrics & Finance

Description

The Cirebon International Journal of Economics and Business is a open-access publication at the forefront of economic and business research. CIJEB serves as a dynamic platform for researchers, academics, and practitioners to engage in a global conversation that shapes the future of economics and ...