PROBLEMS AND PROSPECTS OF ESTABLISHING SMALL SCALE ENTERPRISES IN NIGERIA (A CASE STUDY OF SELECTED BAKERIES IN ENUGU URBAN)

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ABSTRACT

In every developing economy large, medium and small scale businesses are bound to have challenges because of course every good venture that’s meant to be useful in any way to man does not come easy.

Therefore the establishment of small scale is bound to be met with stiff problems which require detailed plan at managerial and implementation scope to subdue.

This clearly explains the need for the study of problems and prospects of establishing small scale enterprises in Nigeria- the topic of this research work.

The study also paid attention to the funding of the small-scale business in Nigeria. Out of a population of 80 respondents drawn from the selected bakeries, 67 were selected as the sample size using statistical sample tools (Yaro Yamani). A questionnaire was designed and distributed to elicit information from the sample population; also data was sourced through primary and secondary sources. These data collected were presented and analyzed by means of tables and percentages. The hypotheses deduced were tested using such tools as chi-square. It was observed that to achieve economic growth and development, such as increasing availability of credit by raising interest rate ceiling and permitting a “spread” that makes it worthwhile for banks to lend to small-scale business or by increasing the number and range of investment etc. problems of small-scale business will be a thing of the past.

TABLE OF CONTENTS

COVER PAGE

TITLE PAGE

CERTIFICATION

DEDICATION

ACKNOWLEDGMENT

ABSTRACT

TABLE OF CONTENTS

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

1.2 STATEMENT OF THE PROBLEM

1.3 OBJECTIVE OF THE STUDY

1.4 RESEARCH QUESTIONS

1.5 RESEARCH HYPOTHESES

1.6 SIGNIFICANCE OF THE STUDY

1.7 SCOPE OF THE STUDY

1.8 LIMITATION OF THE STUDY

1.9 DEFINITION OF TERMS

REFERENCES

CHAPTER TWO

REVIEW OF RELATED LITERATURE REVIEW

2.1 THEORETICAL FRAME WORK OF THE STUDY

2.2 HISTORICAL BACKGROUND STARTING A SMALL BUSINESS

2.3 CURRENT LITERTURES ON THEORIES POSTULATED

2.4 NATURE AND SCOPE OF SMALL-SCALE BUSINESS

2.4.1 CLASSIFICATION OF SMALL SCALE

2.4.2 FACTORS THAT AFFECT SMALL SCALE BUSINESS

2.4.3 THE ROLE OF SMALL-SCALE BUSINESS IN ECONOMIC GROWTH

2.5 GOVERNMENT POLICIES FOR PROMOTING SMALL-SCALE BUSINESS

2.6 THE ECONOMIC IMPERATIVE OF SMALL BUSINESS DEVELOPMENT IN NIGERIA

2.7 IMPORTANCE OF SMALL BUSINESS ENTERPRISES

2.8 ADVANTAGES OF SMALL-SCALE BUSINESS AND SELF EMPLOYMENT

2.9 ADVANTAGES OF SELF EMPLOYMENT

CHAPTER THREE

RESEARCH METHODOLOGY

3.1 RESEARCH DESIGN

3.2 SOURCES OF DATA

3.2.1 PRIMARY DATA

3.2.2 SECONDARY DATA

3.3 POPULATION OF THE STUDY

3.4.1 SAMPLE DESIGN AND DETERMINATION OF SAMPLE SIZE

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1 DATA PRESENTATION

4.2 ANALYSIS BASED ON RESEARCH HYPOTHESES

4.2.2 TEST OF HYPOTHESIS

CHAPTER FIVE

CONCLUSION AND RECOMMENDATION

5.1 CONCLUSION

5.2 RECOMMENDATION

BIBLIOGRAPHY

APPENDIX

APPENDIX II

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PROBLEMS AND PROSPECTS OF ESTABLISHING SMALL SCALE ENTERPRISES IN NIGERIA (A CASE STUDY OF SELECTED BAKERIES IN ENUGU URBAN)

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