Analysis of Affecting Factors Restaurant Entrepreneur Income in Medan City
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 12
Abstract
The purpose of this research is to analyze the factors that influence the income of restaurant entrepreneurs in the city of Medan. The research method used is the least squares method or Ordinary Least Square. The results of the study show that the variables of capital and labor have a positive and significant influence on the income of restaurant entrepreneurs in the city of Medan. Likewise, working hours, length of business and income level have a positive and significant effect on the income of restaurant entrepreneurs in the city of Medan. Capital variables, labor, working hours, length of business, and education level simultaneously have a significant effect on the income of restaurant entrepreneurs in the city of Medan. The coefficient of determination of 0.9946 informs that together the variables of capital, labor, working hours, length of business, and level of education are able to explain the variable variation in entrepreneur income by 99.462%, while the remaining 0.538% is explained by other factors included in this research model.
Authors and Affiliations
Lucky Satria Pratama, Wendi Esra J. Girsang, Murni Daulay
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