Proceedings of the 2nd International Conference on Democracy and Social Transformation (ICON-DEMOST 2023)

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The Effect of Age, Sales Volume and Number of Employees on MSMe Business Performance in South Sulawesi, Indonesia

Authors
Zainal Abidin1, *, Nur Asia Hamid2, Faisal Rizal Zaenal1, Ummul Chair2
1Institut Teknologi Dan Bisnis Nobel Indonesia, Makassar, Indonesia
2Universitas Muslim Maros, Maros, Indonesia
*Corresponding author. Email: zainalabidin@nobel.ac.id
Corresponding Author
Zainal Abidin
Available Online 8 January 2024.
DOI
10.2991/978-2-38476-174-6_26How to use a DOI?
Keywords
age; sales; employees; business performance
Abstract

Micro, Small, and Medium Enterprises (MSMEs) are vital business sectors supporting a country's economy. The MSMEs sector absorbs a lot of labor and supports the country's Gross Domestic Product (GDP), especially in developing countries. This study aims to analyze the effect of age, sales volume, and the number of employees on business performance in micro, small and medium enterprises (MSMEs) in South Sulawesi Province, Indonesia. The locus of this research is in the province of South Sulawesi, Indonesia. The research sample is 227 SMEs in South Sulawesi. This type of research is quantitative descriptive with multiple linear analysis using SPPS version 25. The results show that business age and the number of employees have a positive but not significant effect on MSME business performance in South Sulawesi, while sales volume has a positive and significant effect on MSME business performance in South Sulawesi. Business age, sales volume, and the number of employees together have a significant effect on business performance, with a determination (R2) of 42.6%. In comparison, 57.4% is influenced by variables not examined in this study. Sales Volume is the most influential variable on the business performance of MSMEs in South Sulawesi.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Conference on Democracy and Social Transformation (ICON-DEMOST 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
8 January 2024
ISBN
978-2-38476-174-6
ISSN
2352-5398
DOI
10.2991/978-2-38476-174-6_26How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zainal Abidin
AU  - Nur Asia Hamid
AU  - Faisal Rizal Zaenal
AU  - Ummul Chair
PY  - 2024
DA  - 2024/01/08
TI  - The Effect of Age, Sales Volume and Number of Employees on MSMe Business Performance in South Sulawesi, Indonesia
BT  - Proceedings of the 2nd International Conference on Democracy and Social Transformation (ICON-DEMOST 2023)
PB  - Atlantis Press
SP  - 155
EP  - 159
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-174-6_26
DO  - 10.2991/978-2-38476-174-6_26
ID  - Abidin2024
ER  -