Enhance Micro, Small and Medium Enterprises’ financial performance

Purpose: This study aims to determine the factors that influence the increase in MSMEs income such as e-commerce, capital and business experience. The type of data used is primary data using a sample of 47 MSMEs located on Soekarno Hatta Street, Binjai City, Indonesia. Method: The data collection...

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Main Author: Aditya Amanda PANE
Format: Article
Language:English
Published: Recherche en Entreprise et Décisions-Institut Supérieur de Gestion de Gabès (RED-ISGG) 2024-12-01
Series:Academic Finance
Subjects:
Online Access:https://www.scientific-society.com/journal/index.php/AF/article/view/825
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author Aditya Amanda PANE
author_facet Aditya Amanda PANE
author_sort Aditya Amanda PANE
collection DOAJ
description Purpose: This study aims to determine the factors that influence the increase in MSMEs income such as e-commerce, capital and business experience. The type of data used is primary data using a sample of 47 MSMEs located on Soekarno Hatta Street, Binjai City, Indonesia. Method: The data collection method used a questionnaire while the data analysis method used was multiple linear regression analysis. Result: The results of this study indicate that e-commerce influences increasing MSMEs income, capital has an effect on increasing MSMEs income, and business experience has no effect on increasing MSMEs income. Originality/ relevance: From the results of this study, it can be explained that the factors that influence the sustainability of MSMEs include the use of digital technology in the form of ecommerce and strong capital, while business experience has no impact on increasing the income of these MSMEs.
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institution Kabale University
issn 1923-2993
language English
publishDate 2024-12-01
publisher Recherche en Entreprise et Décisions-Institut Supérieur de Gestion de Gabès (RED-ISGG)
record_format Article
series Academic Finance
spelling doaj-art-4e9c18a3d2894297878ec17c73c5d8b82025-01-08T21:27:50ZengRecherche en Entreprise et Décisions-Institut Supérieur de Gestion de Gabès (RED-ISGG)Academic Finance1923-29932024-12-01152Enhance Micro, Small and Medium Enterprises’ financial performanceAditya Amanda PANE0Medan Area University, Indonesia Purpose: This study aims to determine the factors that influence the increase in MSMEs income such as e-commerce, capital and business experience. The type of data used is primary data using a sample of 47 MSMEs located on Soekarno Hatta Street, Binjai City, Indonesia. Method: The data collection method used a questionnaire while the data analysis method used was multiple linear regression analysis. Result: The results of this study indicate that e-commerce influences increasing MSMEs income, capital has an effect on increasing MSMEs income, and business experience has no effect on increasing MSMEs income. Originality/ relevance: From the results of this study, it can be explained that the factors that influence the sustainability of MSMEs include the use of digital technology in the form of ecommerce and strong capital, while business experience has no impact on increasing the income of these MSMEs. https://www.scientific-society.com/journal/index.php/AF/article/view/825EcommercecapitalsexperienceperformanceMSMEsincome
spellingShingle Aditya Amanda PANE
Enhance Micro, Small and Medium Enterprises’ financial performance
Academic Finance
Ecommerce
capitals
experience
performance
MSMEs
income
title Enhance Micro, Small and Medium Enterprises’ financial performance
title_full Enhance Micro, Small and Medium Enterprises’ financial performance
title_fullStr Enhance Micro, Small and Medium Enterprises’ financial performance
title_full_unstemmed Enhance Micro, Small and Medium Enterprises’ financial performance
title_short Enhance Micro, Small and Medium Enterprises’ financial performance
title_sort enhance micro small and medium enterprises financial performance
topic Ecommerce
capitals
experience
performance
MSMEs
income
url https://www.scientific-society.com/journal/index.php/AF/article/view/825
work_keys_str_mv AT adityaamandapane enhancemicrosmallandmediumenterprisesfinancialperformance