FURNITURE BUSINESS OPPORTUNITIES IN THE UNIVERSITY

This article aims to provide an overview of the furniture business opportunities at universities as well as some aspects that must be understood to start a furniture business. The existing furniture business at University of Medan is managed by the Furniture Business Unit located in the FT UNIMED Wood Workshop. U2F FT UNIMED starts from community service activities through Intellectual Products Product Development Program in 2018. Furniture business is very potential for universities because universities have various potentials, such as: the availability of human resources (lecturers, technicians and students), office building facilities, wood workshops, machine tools, electric power and clean water. Another potential, universities are able to implement aspects of resource management such as money, materials, manpower, method, machine, market, and information that strongly supports the smoothness of the furniture business. Furniture business aspects that need to be understood are aspects of marketing, financial aspects, and aspects of furniture. The Stages to start the furniture business, namely: stage of preparation, stage of implementation, and marketing stage. Furniture business in universities gain added value (value added) in the absorption of labor and provide employment opportunities and educate students into new entrepreneurs.