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Product Category: Projects
Product Code: 00002673
No of Pages: 53
No of Chapters: 5
File Format: Microsoft Word
Price :
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TABLE OF CONTENTS
Title page
Certification --- --- --- --- --- ---- --- --- i
Dedication --- --- --- --- --- ---- --- --- ii
Acknowledgement --- --- --- --- --- --- iii
Table of
Contents --- --- --- --- --- --- --- iv
Abstract --- --- --- --- --- ---- --- --- vii
CHAPTER ONE: INTRODUCTION
1.1
Background to the Study --- --- --- --- --- 1
1.2
Statement of the Problem --- --- --- --- --- 3
1.3
Objective of the Study--- --- --- --- ---- --- 4
1.4
Research Questions --- --- --- --- --- 5
1.5
Hypotheses Formulation --- --- --- --- --- 5
1.6
Scope of the Study--- --- --- --- ---- --- 7
1.7
Significance of the Study--- --- --- --- --- 7
1.8
Limitation of the Study--- --- --- ---- --- 8
1.9
Operational Definitions of Terms --- --- --- --- 8
CHAPTER TWO: LITERATURE REVIEW
2.1 Introduction --- --- --- --- --- --- --- 10
2.2 Concept of Small Scale Business --- --- --- --- 10
2.3 Source of Finance to Small Scale Business - --- --- 11
2.4 Source of Funds --- --- --- ---
--- --- 13
2.5 Challenges of Small Scale Business --- ---
--- --- 14
2.6 Small
Scale Business and Economic Development --- 17
2.7 Merit of Small Scale Business --- --- --- --- 19
CHAPTER THREE: RESEARCH METHOD
3.1 Introduction --- --- --- --- --- --- --- 22
3.2 Research Design --- --- --- --- ---- --- 22
3.3 Population of the Study --- --- --- --- --- 23
3.4 Sample and Sampling Technique --- --- --- --- 24
3.5 Instrumentation --- ---- --- --- --- --- 24
3.6 Method
of Data Collection --- --- --- --- ---- 25
3.7 Method of Data Analysis --- --- --- --- ---- 25
CHAPTER FOUR: DATA PRESENTATION ANALYSIS AND INTERPRETATION
4.1 Introduction --- --- --- --- --- --- --- 27
4.2 Presentation of Data --- --- --- --- ---- --- 27
4.3 Data Analysis --- --- --- --- --- --- --- 28
4.4 Test of Hypotheses --- --- --- --- --- --- 39
4.5 Discussion of Findings --- --- --- --- --- 42
CHAPTER FIVE: SUMMARY CONCLUSION AND RECOMMENDATIONS
5.1 Introduction --- ---- --- --- --- --- --- 44
5.2 Summary --- --- --- --- --- --- --- 44
5.3 Conclusion --- --- --- --- --- --- 45
5.4 Recommendations --- --- --- --- --- --- 46
References
Appendix
CHAPTER
ONE
INTRODUCTION
1.1 BACKGROUND TO THE STUDY
The history of small scale business can be traced to as far to the
period of trade by barter when goods were exchanged for goods. Irrespective of
the fact that small scale business is as old as man, however, before this time
little or no attention has been given to the development of small scale
industries in
Today the role of small scale business is progressively
becoming significant, in the sense that all available resources in any given
situation in the economic well being of a nation must be developed for
industrialization and ultimate consumption through small scale business. Hence
the impact and potential contribution of small scale business on a broad and
diverse base as well as their accelerated effect in achieving micro objectives
pertaining to full employment, income distribution and the development of local
technology, make the existence of small scale business most inevitable.
The importance of small scale industries to the
general economic development on like
However, statistics show that in Nigeria and other
less developed countries, 76% of employment outside agriculture is provided by
small scale business (that is manufacturing, commerce and services) central
bank of Nigeria (CBN) statistical bulletin (2010) some business or industries
contribute about 40% of the gross domestic product and over 50% export in our
country. Small scale industries or business are also known to be a major tool
for all round industrialization and equitable distribution of income. Small
scale business predominates in all over the word.
Virtually, all the developing countries all over the
world, including
This study is carried out against other as a result of
its peculiarity to a developing nation such as
1.2 STATEMENT OF RESEARCH PROBLEM
Despite the much
given the federal and state government to improve the lot of the rural
populace through the establishment of small scale industries, it appears that
this sector has not made any impact on the economy of the rural population in
The small scale industries survey conducted in 2005 by
the Central Bank of Nigeria (CBN) provides some evidence that apart from the
acute short of technology, managerial skills, poor management, adverse
environment and change in policy, capital is a source of great concern to the
entrepreneur in the sector. Since one of the microeconomic goals of the
In a continent where finance is major constraint on
development, the problem confronting the private sector in Nigeria above all
small and medium scale industries statement.
Most large scale in
1.3 OBJECTIVE OF THE STUDY
The aim of this research work is to examine the
importance of small scale business on the Nigeria economy in order to ascertain
how small scale is utilized in production using the available raw materials and
resources with a view to achieve gradual formalization in the quest for
nationals industrialization. The specific objectives are:
i.
To examine the impact of loan financing on small
scale business
ii.
To evaluate governments intervention in the
promotion of small scale business
iii.
To determine the impact of adequate
entrepreneurial training towards the growth of small scale.
iv.
To examine the impact of technological
advancement of small scale business to the growth of the economy.
1.4 RESEARCH QUESTION
Following the objectives of the study above, we can
therefore state the research question as follows:
i.
To what extent doe loan financing impact on
small scale business?
ii.
Does government intervention promote the
development of small scale business in
iii.
What impact does adequate entrepreneurial
training have in the growth of small scale business in
iv.
Is there any relationship between technological
advancement of small scale business and the growth of the economy.
1.5 HYPOTHESIS FORMULATION
For the purpose of this study the following hypotheses
which are stated in the null, shall be use.
HYPOTHESIS I
Ho: There is
no significant relationship between financing of small scale business and
economic growth in
Hi: There is
a significant relationship between financing of small scale business and
economic growth in
HYPOTHESIS II
Ho: There is
no significant relationship between the efforts of government towards small
scale business and economic growth in
Hi: There is
a significant relationship between the intervention efforts of government towards small scale
business and economic growth in
HYPOTHESIS III
Ho: There is
no significant relationship between adequate entrepreneurial training of small
scale business owners and economic growth in
Hi: There is
a significant relationship between adequate entrepreneurial training of small
scale business owners and economic growth in
HYPOTHESIS IV
Ho: There is
no significant relationship between technological advancement of small scale
business and economic growth in
Ho: There is
a significant relationship between technological advancement of small scale
business and economic growth in
1.6 SCOPE OF THE STUDY
The study encompasses the impact of small scale
business on economic growth in
1.7 SIGNIFICANCE OF THE STUDY
This study is relevant and timely in view of the fact
that presently the economic downturn of
1.8 LIMITATION OF THE STUDY
Like virtually all studies this is not without its
drawback, through these limitations could not stop the study from being
conducted. The following were some of the problems encountered in the course of
this study:
Research usually begin with identification of a
problem and then reviewing previous works done by others in the past on the
topic, but in the course of carrying out the study, getting related research
materials for review was pretty difficult.
There was also the problem of time constraint. Doing
and extensive research requires time which as not available as one has to do
class work alongside this study.
The difficulty of retrieving all administered
questionnaire was also a in carrying our
this research work. while some respondent where no longer on other had closed
for the day’s activity.
1.9 OPERATIONAL DEFINITION OF TERMS
The following terms were used in this research work
and for clear understanding the following definitions has been given.
Business: Business can be defined as an organization or economic
system where goods and services are exchange for one another or for
money.
Developing: This relates to societies in which capital needed to
industrialized is in short supply www. The free dictionary.com
Prospect: Potential customer or client qualified on the basic of
his or her buying authority, financial capacity, and willingness to buy.
Problem: A perceived gap between the existing state and a desired
state or a deviation from a norm, standard, or status quo.
Economy: An entire network of producer’s distributors and consumers
of goods and services in a local, regional, or national community.
Small scale business: A small scale business is a business that
employs a small number of workers and does not have high volume of sales. Such
enterprises are generally privately owned and operated as sole proprietorships.
www.amallbusiness.chorm.com
Developing economy: That is not as advanced as the rest of the world. Birthrates, Death rates, life expectancy, education and a country’s level of industry are factors. So are diseases malnutrition, or long term fighting. www.study.com
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