PROBLEMS AND PROSPECTS OF ESTABLISHING SMALL-SCALE ENTERPRISES IN NIGERIA

ABSTRACT

This study, the problems and prospects of establishing Small-Scale Enterprises in Nigeria was undertaken to achieve some objectives which include; to ascertain the factors that constitute the problems of establishing small-scale enterprise and to proffer solutions to them as well as to ascertain whether or not small-scale enterprises contribute to economic growth and development using selected bakeries in Edo state as the case study. Data was collected and analyzed and it was discovered that the problems of establishing small-scale enterprises in Nigeria include; poor management, lack of finance, poor infrastructure and government policy. Therefore, the government is being called upon to set up programs that will educate would be entrepreneurial managers, make soft loans and adequate infrastructure available and accessible to them as well as to implement policies that promote the establishment and growth of small-scale enterprises in the country. It was also discovered that small-scale enterprises contribute immensely to economic growth and development; hence its value in any country cannot be over emphasized.

TABLE OF CONTENTS

Cover Page: ----------------------------------------------------------------------------------------------------i

The Fly Leaf---------------------------------------------------------------------------------------------------ii

Title Page------------------------------------------------------------------------------------------------------iii

Declaration----------------------------------------------------------------------------------------------------iv

Certification --------------------------------------------------------------------------------------------------v

Dedication: ---------------------------------------------------------------------------------------------------vi

Acknowledgement: ----------------------------------------------------------------------- -----------------vii

Table of contents:-------------------------------------------------------------------------------------------viii

Abstracts:------------------------------------------------------------------------------------------------------x

CHAPTER ONE:

1.1   Background of the study--------------------------------------------------------------------------------1

1.2   Statement of the Problem-------------------------------------------------------------------------------2

1.3   Objective of the Study----------------------------------------------------------------------------------3

1.4   Research Questions-------------------------------------------------------------------------------------3

1.5   Significance of the Study ----------------------------------------------------------- ------------------3

1.6   Scope of the Study --------------------------------------------------------------------------------------3

1.7   Justification of the Study ------------------------------------------------------------------------------3

1.8   Definition of the Terms---------------------------------------------------------------------------------4

CHAPTER TWO – LITERATURE REVIEW

2.1   Theoretical Framework--------------------------------------------------------------------------------5

2.2   Conceptual Framework -------------------------------------------------------------------------------8 

2.3   Theoretical Frame Work of the Study--------------------------------------------------------------31

CHAPTER THREE – RESEARCH METHODOLOGY

3.0   Introduction---------------------------------------------------------------------------------------------37

3.1   Sources of Data----------------------------------------------------------------------------------------37

3.2   Area of Study-------------------------------------------------------------------------------------------37

3.3   Sample size determination and sampling technique----------------------------------------------39

3.4   Method of Data Collection---------------------------------------------------------------------------39

3.5   Methods of Data Analysis----------------------------------------------------------------------------39

CHAPTER FOUR – DATA ANALYSIS, FINDINGS AND DISCUSSION

4.0   Data analysis------------------------------ ------------------------------------------------------------41

4.2   Test of Hypothesis------------------------------------------------------------------------------------ 47

4.3    Findings of the Study---------------------------------------------------------------------------------49

4.4       Discussions of Findings----------------------------------------------------------------------------51

CHAPTER FIVE – SUMMARY OF FINDINGS, CONCLUSIONS AND RECOMMENDATIONS

5.0   Summary of Findings---------------------------------------------------------------------------------52            

5.1   Conclusion----------------------------------------------------------------------------------------------52   

5.2   Recommendation--------------------------------------------------------------------------------------53

5.3   Suggestion for further Research---------------------------------------------------------------------54

      References------------------------------------------------------------------------------------------------55

      Appendix-------------------------------------------------------------------------------------------------60

      Questionnaire--------------------------------------------------------------------------------------------61