Preparing Business Plans Research Articles

Pendampingan Penyusunan Rencana Usaha bagi Siswa SMKN 1 Rasau Jaya

Emerging entrepreneurial interest in Vocational High School students is seen as strategic to prepare future generations who are productive and characterized and able to work in industry, continue their studies, or become creative entrepreneurs. Vocational students who will be entrepreneurs are required to understand financial literacy to have the ability and competence to manage business finances. This community service activity aims to provide training in preparing business plans for students of SMKN 1 Rasau Jaya Rasau Jaya District, Kubu Raya Regency. The implementation of community service follows the preparation, socialization, technology dissemination, evaluation, and reporting stages. The activity of community service was carried out from April to October 2023. In addition to implementing activities, the results of data analysis obtained that 11th-grade students of SMKN 1 Rasau Jaya are interested in entrepreneurs in agriculture and developing agribusiness in Rasau Jaya District. Teachers can encourage interest in entrepreneurship in agriculture among SMKN 1 Rasau Jaya students by inviting successful agribusiness entrepreneurs to disseminate their experiences and motivate students, facilitating students to access resources and funding, and providing students with opportunities for training, demonstrations, and hands-on practice at successful companies/entrepreneurs, collaborating with stakeholders for students to participate in agribusiness competitions and receive recognition for students' innovative ideas, and strengthening the entrepreneurship learning curriculum.

Enhancing business planning skills for women entrepreneurs in Kolhua Bazaar, Kupang City

The women members of the culinary bazaar face a challenge due to their limited knowledge, understanding, and skills in preparing business plans. This community service initiative aims to enhance their knowledge and understanding of crafting culinary business plans specifically for the Darul Hijrah Madani culinary bazaar group in Kolhua. Counseling, discussions, and training sessions were conducted with 20 bazaar members as part of this service activity. Analysis revealed a 75% increase in knowledge and an 83% improvement in understanding after counseling. Additionally, participants demonstrated a 60% proficiency in preparing business plans following the provided structure. These community service activities effectively enhance the knowledge, understanding, and skills of business actors in crafting business plans.

PELATIHAN DAN PENDAMPINGAN PENYUSUNAN PERENCANAAN USAHA PADA USAHA TERPADU KALIBOTO GREEN INSTITUTE (KGI) KECAMATAN MOJOGEDANG, KABUPATEN KARANGANYAR

Abstract
 Kaliboto Green Institute (KGI) is a business activity: economy, environment and education have the potential as one of the nodes and multiplyer effects for economic activities around Mojogedang District. In this regard, the PKM Team of the Faculty of Economics, University of Surakarta was present at community service activities, by making training and assistance in preparing business plans, especially for the category of novice entrepreneurs. Prior to the training, a survey was conducted to. Training on business plan preparation is carried out through lectures, discussions and practices guided by the service team. The participants of this training were 9 (nine) managers from the technical and management implementation levels. After the training, KGI managers are expected to produce a business design with an integrated business model This service is considered important strategic efforts in developing KGI's role in increasing business potential as a learning center, especially answering Indicators.
 Keywords : Business Plan, KGI, IKU

INCREASING FAMILY ENTREPRENEURSHIP OPPORTUNITIES

One solution to family problems can be overcome by carrying out various family-based entrepreneurial activities. Family-based entrepreneurship can be developed to reduce dependence on job vacancies from companies, both government and private. Meanwhile in Indonesia, families like this have started to emerge and this can be seen in franchise businesses such as fast food franchises, retail store franchise service businesses, and so on. With the above problems, the service team carried out business counseling activities to create family entrepreneurship. By understanding business planning in developing family entrepreneurship, it will improve community welfare. Carrying out community service activities in a post-pandemic period like this is very challenging for our implementation team. We also adapt the form of activity to the needs and desires of the thirst for information regarding the preparation of post-pandemic business plans which of course see changes in business activities, by preparing business plans based on green management which is currently becoming a trend. between business actors in a deliberate and planned manner to improve the performance and sustainability of MSME businesses. It is hoped that this socialization will provide convenience for MSMEs, especially those in Marunda Flats, Marunda Village, Cilincing District, North Jakarta. able to make its business competitive and sustainable.

POTRET KOMPETENSI INTELEKTUAL PELAKU UKM DALAM UPAYA PENINGKATAN KINERJA USAHA

Intellectual competency is an important element in the successful management of Small and Medium Enterprises (SMEs), whose applications are still not optimally empowered by SMEs in Indonesia. This case study aims to describe the forms of intellectual competence of UKM actors and their empowerment in achieving UKM performance in Nagauleng Village, Cenrana District, Bone Regency. This study involved 3 UKM actors who were selected using purposive sampling. Data collection techniques using interviews and documentation. The collected data is processed using a data triangulation approach with stages: data reduction, data presentation, and conclusion and verification. This study found forms of SME intellectual competence, including: creativity skills, innovation skills, skills in preparing business plans, and job evaluation skills. Furthermore, empowering intellectual competence can improve the performance of SMEs. Following up on these findings, it is very important to implement various intellectual competencies in the management of SMEs so as to provide opportunities to achieve maximum performance.

Recognition and Mentoring Program Miftahul ‘Ula Intensif Technopreneurship Carrer: Menumbuhkembangkan Inventor dan Inovator Santripreneur

The Islamic Education Institute (LPI) Miftahul 'Ula Islamic Boarding School produces students who have entrepreneurial competencies by directly involving all students from high school to university level to turn on and manage LPI's economic activities. However, this economic potential has not been fully utilized. Direct observation of economic resource management activities at LPI Miftahul 'Ula shows that academic and non-academic programs in the field of entrepreneurship are less than optimal. Therefore, in the community service program for the Community Partnership Program, the proposing team helps solve problems through workshops, training programs and mentoring programs for the Recognition and Mentoring Program: Miftahul 'Ula Intensive Technopreneurship Carrer. Intensive programs start from basic technopreneurship, Invention and Innovation Development, Impact Creation and Evaluation to psychological aspects to cultivate a strong and healthy entrepreneurial spirit. The results of the implementation of the activity showed an increase in the competence and capability of the technopreneurship of students, one of the indicators is the ability to design and prepare business plans for the use of technology.

Peningkatan Pengetahuan dan Keterampilan Berwirausaha Melalui Pelatihan Pendirian Bisnis Baru

This training aims to provide knowledge, understanding, and skill to participants about preparing business plans and starting new businesses by utilizing social media. Participants are expected to be able to find breakthroughs in creating job opportunities for themselves and others during the Covid-19 pandemic. This training was attended by 24 participants consisting of members of the Tangerang Mandiri Student Community and housewives. The method of implementing the activities includes the stages of preparation, implementation, and reporting. While the technique of implementing training activities is online. The results of this training activity indicated that the participants were quite satisfied with this training activity. This activity is sufficient to contribute to participants in increasing knowledge, understanding, and skills in establishing new digital-based MSMEs businesses, compiling simple business plans, and being able to find business opportunities. Therefore, in the future, further activities are needed, namely assistance activities for the establishment of new businesses (MSMEs) based on digital and how to design digital marketing using social media.

Investigative Study on Disparities in Small and Medium Enterprises (SMEs) Financing Pertaining To Surgical Instruments Cluster

Small and medium enterprises (SMEs), are regarded as propellers of job creation, technological advancement, and economic growth. In Pakistan, 99% percent of all enterprises are SMEs’ employing more than 70% of non-agriculture labor. Surgical instruments manufacturing industry of Sialkot comprising SMEs contributes sizably to Gross Domestic Product (GDP) and exports. Recent studies has highlighted lack of financing options for SMEs’ and the necessity to determine the responsible factors. Here we report disparities and liable underlying variables in SMEs’ financing especially for surgical instruments cluster located at Sialkot, Pakistan. Results of pilot study discussed with a focus group comprised of 5 firms. Improved questionnaire were administered among 197 firms selected through convenience sampling technique, of which 100 firms responded. Purposive sampling is used to conduct in-depth interviews from 20 firms followed by transcription, content analysis, and themes identification. Data analysis includes reports drawn from NVivo on the basis of word frequency, numbers of paragraph coded and reveals profound statistical relationship among variables. Chi-square test confirms disparities in SMEs’ finance by financial institutions due to non-availability of accounting & financial record; cumbersome procedures; high interest rates, lack of entrepreneurial skills to prepare business plans; and regulatory issues related to the Government.

Penerapan Program Pengembangan Kewirausahaan pada Mahasiswa di Universitas Islam Negeri Sumatera Utara

The implementation of the Entrepreneurship Development Program (PPK) at Kanjuruhan University in Islam Negeri Sumatera Utara is expected to achieve the objectives of: (1) creating start-ups and independent new entrepreneurs, (2) improving business management skills for industrial communities, (3) creating entrepreneurship training methods suitable for students , (4) creating business units that can generate profit as a source of generating revenue from Islam Negeri Sumatera Utara University, and (5) opening or providing employment. The stages in implementing the PPK include: (1) Dissemination of the PPK program, this socialization is carried out through announcements on campus boards, campus websites, and social media (Student groups and Alumni Groups). (2) Participants register before they enter as a PPK tenant. (3) Following a written test to see the scientific potential possessed about the world of entrepreneurship, followed by interviews to find out the motivation and seriousness of participants in the PPK program. (4) The results of the selection will determine 20 best value people as prospective tenants. (5) Participants must fill out the willingness sheet to complete the PPK program to completion. Whereas specifically to be achieved are: the growth of an entrepreneurial culture in campus, increased ability to prepare business plans, development of products that have been produced by tenants after participating in PPK activities, the creation of innovative and renewable products. The program will be implemented in a participatory manner with knowledge transfer methods from the proposing team, business experts, UMKM players to PPK tenants through education and training, business simulations, internships, intensive assistance, preparing business plans, and applying business to the tenants' potential and talents.
 Keywords: Technopreneurship, Entrepreneurship, Tenant

Penerapan Program Pengembangan Kewirausahaan pada Mahasiswa di Universitas Islam Negeri Sumatera Utara

The implementation of the Entrepreneurship Development Program (PPK) at Kanjuruhan University in Islam Negeri Sumatera Utara is expected to achieve the objectives of: (1) creating start-ups and independent new entrepreneurs, (2) improving business management skills for industrial communities, (3) creating entrepreneurship training methods suitable for students , (4) creating business units that can generate profit as a source of generating revenue from Islam Negeri Sumatera Utara University, and (5) opening or providing employment. The stages in implementing the PPK include: (1) Dissemination of the PPK program, this socialization is carried out through announcements on campus boards, campus websites, and social media (Student groups and Alumni Groups). (2) Participants register before they enter as a PPK tenant. (3) Following a written test to see the scientific potential possessed about the world of entrepreneurship, followed by interviews to find out the motivation and seriousness of participants in the PPK program. (4) The results of the selection will determine 20 best value people as prospective tenants. (5) Participants must fill out the willingness sheet to complete the PPK program to completion. Whereas specifically to be achieved are: the growth of an entrepreneurial culture in campus, increased ability to prepare business plans, development of products that have been produced by tenants after participating in PPK activities, the creation of innovative and renewable products. The program will be implemented in a participatory manner with knowledge transfer methods from the proposing team, business experts, UMKM players to PPK tenants through education and training, business simulations, internships, intensive assistance, preparing business plans, and applying business to the tenants' potential and talents.
 Keywords: Technopreneurship, Entrepreneurship, Tenant

Telephone farmers and an emerging ecosystem are unlocking the hidden middle of agricultural value chains in Kenya through innovation

PurposeThis article explores the potential of an emerging group of farmers in Kenya, namely the growing segment of urban-based medium-size farmers, often called “telephone farmers”. To what extent do they benefit from an emerging ecosystem to support them in operating their farms, and what does that mean for the Hidden middle of agricultural value chains, the actors between the farmers and consumers? Unlocking the potential production of telephone farmers will require more services from collectors, traders, transport firms, the storage facilities, wholesalers and processing units and retailers. Ultimately, optimized telephone farm production benefits the business of Hidden middle value chain actors, increases incomes and jobs and improves food security.Design/methodology/approachBased on a survey and in-depth interviews a profile of the telephone farmers is given and their role as innovators is analyzed. The Latia Resource Centre (LRC) provides assistance to medium-size farmers, like the telephone farmers, helping them to prepare business plans and use modern technology and contributing to an emerging ecosystem providing support to all farmers.FindingsThe article analyzes the medium-size telephone farmers. It documents the contributions of this new agricultural actor to developing value chains and a dynamic ecosystem. The paper profiles the telephone farmers first and then identifies what they need and the support they receive. The emerging innovative ecosystem impacts agricultural productivity and production and hence the development of value chains. Small farmers gain access to opportunities offered by telephone farmers, working for them as outgrower or farm worker.Research limitations/implicationsThe authors used a small sample of 51 farmers and covered only a two-year period.Social implicationsSmall farmers are being helped through the emerging eco-system and farm labor acquire skills, which they can also you on another or their own farm.Originality/valueBased on the analysis an even more effective ecosystem is suggested and policy recommendations are formulated before the conclusion is drawn that these medium-size farmers contribute to innovation diffusion, inclusive value chain development and food security and are becoming part of this expanding, innovative ecosystem. Following the debate on food security the results suggest to pay more attention to the development of telephone farmers given their role in developing agricultural value chains and innovative ecosystems.

A Competence Based Curriculum in Teaching Financial Education-What Happens in Classrooms?

This paper looks at the transformative pedagogy-changing from Knowledge Based Curriculum (KBC) to Competence Based Curriculum (CBC) in lower secondary schools of Rwanda, which was adapted in 2016 by Rwanda Education Board (REB) through the Ministry of Education. The emphasis of this paper takes bias on financial education that the new competence based curriculum made it compulsory to lower secondary students, which is from senior one to senior three. The government of Rwanda made a significant effort to change the way the curriculum is taught into teaching and learning that equips learners with competent skills, values and attitudes suitable for this 21st century. Financial education involves imparting values, skills and attitudes through teaching and learning that enables the learner to easily visualise viable entrepreneurial decisions in daily life, allocating resources reasonably, making career trajectory quite easy, save for the future, manage available resources in our daily life, and many other areas such as having the culture of paying taxes, preparing business plans that are quite viable and feasible. In this paper, we will explore how the transition is, it is still demanding and little have changed from what ought to be, explore challenges that involves competence based pedagogy. This paper provides a critical review of the pedagogical practice of financial education, with an emphasis on the link between the theoretical practice and the ideal way of teaching and learning financial education. It being theoretical analysis, secondary data were used to analyse the challenges and possible strategies of transforming from theory to practice in the Rwandan schools.

Motivasi Berwirausaha pada Masa Pandemi Covid-19

Pandemi Covid-19 berdampak bagi semua bidang mulai dari ekonomi, politik, sosial, budaya, hingga pendidikan. Walaupun banyak disorot sisi negatifnya, tentu saja masih ada banyak peluang bagi mereka yang mampu melihat dan berinovasi untuk memanfaatkannya. STIE Surakarta sebagai salah satu perguruan tinggi yang ada di Surakarta, selalu berupaya agar lulusan yang dihasilkan mampu beradaptasi, dan memanfaatkan setiap peluang yang ada. Mereka diharapkan bisa berperan menciptakan sendiri peluang kerjanya dan bilamana mungkin bisa menciptakan peluang kerja bagi orang lain, minimal bagi orang-orang di sekitarnya. Di masa pandemi, banyak yang merasa ragu terutama bagi mereka yang baru pertama kali akan berwirausaha sehingga dirasa perlu diberikan motivasi ataupun dorongan agar mereka mempunyai rasa percaya diri yang tinggi untuk memulai berwirausaha. Pelatihan dengan memberikan motivasi bagi para peserta sekaligus tinjauan berbagai materi Manajemen seperti Manajemen Pemasaran, Manajemen SDM, Manajemen Keuangan, hingga bidang Akuntansi dan Perpajakan. Setelah berbagi materi disampaikan, dilanjutkan dengan adanya praktek penyusunan Business Plan (rancangan bisnis) oleh para peserta sebagi bukti bahwa mereka siap dan termotivasi untuk memulai maupun melanjutkan kembali untuk berwirausaha.
 Kata Kunci: motivasi, wirausaha

Pelatihan Motivasi Berwirausaha Pada Survivor Bipolar di Komunitas Bipolar Care Indonesia Simpul Yogyakarta

Bipolar disorder is a psychiatric disorder in which the sufferer has episodes of mania and depression. The difference between bipolar disorder and those who don't suffer from bipolar disorder is that people with bipolar disorder will feel sad or happy without the need for a clear reason. Bipolar survivors can still move normally under stable conditions. However, the negative community stigma of mental disorders make it difficult for bipolar survivors to find work and become unproductive. Bipolar survivors only get education related to mental health and pharmacy all this time. Bipolar survivors need education about development and empowerment. Then training is needed that provides education to bipolar survivors on motivation in entrepreneurship. The result is increased understanding of participants in managing emotions, motivation, opportunities and business innovation. In addition, participants also succeeded in preparing business plans.

How NGO fulfill the complex scheme of social forestry: a resume of SF scheme in Indonesia

The Indonesian government shows a great commitment in allocating forests for community management through social forestry policies covering an area of 13,847,722 ha. The role of NGOs in realizing the implementation of social forestry in Indonesia cannot be ignored. They impetus the community to get legal permits in forest management, assist in preparing business plans, area management plans, and institutional management. This article explores the role of NGOs in the implementation of social forestry during the Jokowi-JK administration. We support the argument that NGOs play an important role in the implementation of social forestry, as evidenced by the achievement of permits and policies of the Ministry of Environment and Forestry recognizes that NGOs are formally involved in social forestry implementation.

A University Training Programme for Acquiring Entrepreneurial and Transversal Employability Skills, a Students’ Assessment

The objective of this paper is to analyze university graduate students’ assessments of the attainment of skills acquired in a Training Programme (TP) to develop entrepreneurial skills and transversal employability competencies. Both are vital for the success of today’s societies and play an important role in the sustainable development agenda. The TP was a 12-week programme with six modules combining entrepreneurship training and traditional teaching methods. There were nine editions and 148 students worked in teams preparing business plans to present to consultants and potential investors. First, the nominal group technique was used to identify which competencies can be acquired through TP. Second, a survey was designed to identify the level to which the competences were attained. The results suggest that the students attained two types of skills, acquiring a higher level of proficiency in entrepreneurial skills and those transversal competencies. Additionally, different levels of attainment of entrepreneurial skills were found in different groups of students. We provide new evidence that TPs, as compulsory subjects in the core curriculum of degree programmes, will help accomplish both objectives: the acquisition of entrepreneurial skills and generic university educational competencies. The overall outcome of this research highlights the value added by the TPs.

Penerapan Program Pengembangan Kewirausahaan Pada Mahasiswa (Tenant) di Universitas Kanjuruhan Malang

The implementation of the Entrepreneurship Development Program (PPK) at Kanjuruhan University in Malang is expected to achieve the objectives of: (1) creating start-ups and independent new entrepreneurs, (2) improving business management skills for industrial communities, (3) creating entrepreneurship training methods suitable for students , (4) business units that can generate profit as a source of generating revenue from Kanjuruhan Malang University, and (5) opening or providing employment. The stages in implementing PPK include: (1) Dissemination of the PPK program, this socialization is carried out through announcements on campus boards, campus websites, and social media (Student groups and Alumni Groups). (2) Participants register before they enter the PPK tenant. (3) Following a written test to see the scientific potential possessed about the world of entrepreneurship, followed by interviews to find out the motivation and seriousness of participants in the PPK program. (4) The results of the selection will determine 20 best value people as prospective tenants. (5) Participants must fill out the willingness sheet to complete the PPK program to completion. Whereas specifically to be achieved are: soul growth and entrepreneurial culture on campus, increased ability to prepare business plans, development of products that have been produced by tenants after participating in PPK activities, the creation of innovative and renewable products. The program will be implemented in a participatory manner with knowledge transfer methods from the proposing team, business experts, UMKM players to PPK tenants through education and training, business simulations, internships, intensive assistance, preparing business plans, and applying business to the tenants' potential and talents.

Charting Participatory Action and Interventionist Research Processes for Community-Based Stakeholders in Peri-Urban Contexts: The Proposed St. Cuthbert’s Community Centre, Lorne, Australia

Participatory action combined interventionist research approaches can offer possibilities for community-based facilities and institutions attempting to re-engage with their communities and assert their presence. St. Cuthbert’s Church is a heritage-listed property, located on a major landholding, right in the heart of the summer tourist town of Lorne, on Melbourne’s peri-urban ‘sea change’ fringe. Its sloping hillside vantage offers spectacular views to the beach and Bass Strait, beyond. The congregation, however, is aging, while the broader community is increasingly secular. In response to these circumstances, the Church is looking to assert its relevance with the procurement of a community centre to be erected on the property. Using an interventionist research approach, with a professional facilitator in ‘participatory action design’, it was found that while both residents and visitors to Lorne were favourably disposed to the idea of a community centre, it was also clear that the locus of power that needed to realise this objective lay outside the congregation’s control. A conclusion of this research is that community-based organisations may have to pro-actively engage in professional marketing and prepare business plans, as well as engage in substantial political lobbying both within and external to the Church, if the project is to progress and succeed.

Understanding tourists’ photo sharing and visit pattern at non-first tier attractions via geotagged photos

Abstract Social media plays an important role in tourism industry, especially for individual travel planning and tourism entities preparing business plans. Only a limited number of first-tier attractions were reported in tourism bureau’s travel statistics documents, which cannot satisfy the needs of non-first tier attraction managers preparing their marketing strategies. With the rich tourists reviews and photos publicly available on social network platform, researchers and attraction manager could analyzing these geotagged photos to find out the potentials of the attractions including tourists interests and their travel pattern. In this study, we report our work on extracting and processing of geotagged photos uploaded by inbound tourists on Flickr.com to study tourists’ photo sharing and visiting pattern during their visits at Hong Kong temples. Four popular temples were identified automatically using P-DBSCAN density clustering from geotagged tourists photos. The travel pattern analysis had shown that tourists from different country of residence have different temple choice. Particularly, a closer look at the repeated tourists in the past five years, and special focus on photo uploading habits are discussed in our findings.

UKURAN PERUSAHAAN, PROFITABILITAS, VOLATILITAS PENDAPATAN, DAN RESIKO BISNIS TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN HUTANG SEBAGAI VARIABEL MODERATING PADA SAHAM JII (JAKARTA ISLAMIC INDEX) DI BURSA EFEK INDONESIA

Cara untuk memaksimumkan nilai pemegang saham adalah dengan cara meningkat tingkat pengembalian dari investasi tersebut. Bagi perusahaan yang belum go public dapat diketahui dari naiknya aktiva perusahaan, dan bagi perusahaan yang telah go public dapat diketahui dari harga saham di pasar modal. Dengan kata lain apabila harga saham naik maka nilai perusahaan mengalami kenaikan juga dan sebaliknya apabila harga saham mengalami penurunan maka nilai perusahaa mengalami penurunan sehingga akan berdampak bagi pemegang saham perusahaan. Akan tetapi nilai perusahaan dapat disebabkan oleh beberap faktor diantaranya ukuran perusahaan, profitabilitas, volatilitas pendapatan, hutang dan resiko bisnis.. Tujuan yang diharapkan dari penelitian ini pertama untuk mengetahui pengaruh ukuran perusahaan terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, kedua untuk mengetahui pengaruh profitabilitas terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, ketiga untuk mengetahui pengaruh volatilitas pendapatan terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, keempat untuk mengetahui pengaruh resiko bisnis terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, kelima untuk mengetahui pengaruh ukuran perusahaan dan kebijakan hutang terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, keenam untuk mengetahui pengaruh profitabilitas dan kebijakan hutang terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, ketujuh untuk mengetahui untuk mengetahui pengaruh volatilitas pendapatan dan kebijakan hutang terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, kedelapan untuk mengetahui pengaruh resiko bisnis dan kebijakan hutang terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia.Hasil penelitian menunjukkan bahwa secara simultan ukuran perusahaan, profitabilitas, volatilitas pendapatan, dan resiko bisnis berpengaruh simultan terhadap nilai perusahaan pada saham JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, secara parsial volatilitas pendapatan berpengaruh terhadap terhadap nilai perusahaan pada sahaam JII (Jakarta Islamic Indeks) di Bursa Efek Indonesia, menunjukkan bahwa kebijakan hutang tidak memberikan hubungan antara ukuran perusahaan, profitabilitas, resiko binis dengan nilai perusahaan, sedangkan volatilitas pendapatan memberikan hubungan terhadap nilai perusahaan dengan kebijakan hutang sebagai moderating