TABLE OF CONTENTS
CHAPTER ONE
1.0 Introduction
1.1
Background
To The Study
1.2
Problem
of the study
1.3
Objective
Of The Study
1.4
Importance
Of The Study
1.5
Scope
Of The Study
1.6
Definition
of terms.
CHAPTER TWO
2.0 Literature
Review
2.1 The
Term “SMALL SCALE BUSINESS”
2.2
Purpose Of Small Scale Business
2.3
Structure
Of Small Scale Business
2.4
The
Role Of Small Scale Business
2.5
The
Role Of Managers
2.6
Sources
Of Financing Small Scale Business
2.7
The
Development And Importance Of Small SCALE Industries
2.8
The
Problem Facing Small Business
CHAPTER THREE
3.0 Research
Methodology
3.1 Historical
Background of the study
3.2 Procedures
in gathering data.
3.3 Measurement Techniques
3.4 Research Design
3.5 Sample
3.6 Reliability
and Validity
CHAPTER FOUR
4.0 Presentation Analysis of Data
4.1
Data
presentation
4.2
Data
Analysis
4.3
Analysis
And Interpretation Of Questionnaire
4.4
Historical
Background Of The Study
4.5
Finding
CHAPTER FIVE
5.0
Summary,
Conclusion and Recommendation.
5.1
Summary
Of The Research
5.2
Conclusion
5.3
Recommendation
References
CHAPTER ONE
1.0
INTRODUCTION
Research methodology refers to the
systematic procedures for investigating research problems. Research methodology
is the logic of scientific investigation, that study the system of research
procedures and techniques. Also, it is a procedural plan for collecting and
analyzing of data necessary to assist in solving the current problems in such a
way that the differences between the cost of obtaining various levels accuracy
and the expected value of the information associated with such level is
maximized.
Since every research work or project
conducted has a specific frame work for controlling data collection. This
chapter will provide the research instrument used. The validity and reliability
of this research.
The purpose of this research work as
stated in chapter one of this write up, to assist any reader to know the
evaluation of small scale business development in Nigeria economy and the roles
it plays. For the purpose of this research work, both primary and secondary
data will be employed in gathering the information required for the study.
1.1
BACKGROUND TO THE STUDY
The Nigeria federal, state and local
government have been taking the development of industries as a master of
importance. The government is encouraging the establishment of small scale
indigenous industries by creating favourable condition to the industrialist
especially by granting them short and long term loans. The government also
exempts the infant industries from taxation and grant loans to them for further
establishment.
In view of the above, it is observed
that many industries have been in existence for quite a while. Some of such
industries are soap and detergent industry, leather factory, Tailoring, weaving
to mention but few. The effort of government in encouraging the citizens of Nigeria to engage upon primitive investment has
led to the establishment of many local industries by the people of Nigeria. The government
also educates the citizens through social and political means to enhance the
nation becoming great through economic self reliance, industrialization that
will make Nigeria
economy less dependent on foreign Nations. However, all these can only be achieve,
if the government will provide some more favorable terms, like provision of
more loans, free education and as well
as provision of infrastructural facilities to enhance and encourage a large
number of small scale industries.
1.2 THE PROBLEM FACING SMALL
BUSINESS
In spite of the obvious
acknowledgement of small scale business, a review exist and materials revealed
that, the sub-sectors, is faced with lots of problems which have greatly
reduced the development of small scale business particularly in the development
countries
Usman (1989) was very elaborate on
his analysis of these problems. Like all others, he recognized the financing
problem as being the upper most but he went further to list other important
problems of small business.
i.
Problems
of getting organized
ii.
Management
problem.
iii.
Marketing
problem.
iv.
Financing
problem couple with information gap.
v.
Infrastructural
problem
vi.
Problem
caused by government action
vii.
Attitude
problem.
1.3
OBJECTIVE OF THE STUDY
The small scale business has always
played important roles in the sustenance of any economy. The objective of this
study will therefore, includes the following.
i.
To
analysis the meaning of small scale and the various role and function it performs
in the economy.
ii.
To
determine their role in investment appraisal
iii.
To
also determine the benefits to individuals in the society.
1.4
IMPORTANCE OF THE STUDY
The result of the study would be of
important to the people of Nigeria
and to the intending industrialist because the study would reveal various roles
and the benefits of small scale business.
The study will also be of importance
to resourceful individual or group of people who may be interested in the establishment
of small scale business in future. This study would provide information on the
role and important of small scale business within the country and as a result,
will stimulate and encourage the industrious individual to invest their
resources for national growth and development.
1.5
SCOPE OF THE STUDY
The result of the study would be of
important to the Nigeria
citizen in general because the study will reveal in details the various roles,
benefits, advantage as well as amount of capital that one can start scale
business with. The research considered small scale industries which are
randomly selected. Those to consider for selection must have been in existence
for at least five years. This as a result enables the researcher to get the
true picture of the problem of the study and not a problem caused as a result
of the infancy of industries.
1.6
DEFINITION OF TERMS.
This section attempts to define
variable and terms used in the study.
a. CAPITAL: The money and all man made
aids further production process i.e machine, factory tools, material etc.
b. ROLE: This means the part taken by small
scale business to contribute to the growth and development of the country .
c. INFANT INDUSTRIES: domestic
industries that needs protection from foreign competition.
d. INDIGENOUS: native industries in a
country usually referred to as infant industries.
e. TAXATION: the imposing of tax. Is money
that must be paid to the government, charge as a proportion of personal income
and business profit or added to the cost of some goods and service
f. Loans: A sum of money that is lent to
a business owner by the government.
g. CREDIT SCHEME: plan and design by
government to provide short and long term loans to industries.
h. PRIMITIVE: The earliest time in
history or stages in development.
i. INDUSTRIALIZATION: Develop industries
in a country or region on a wide scale.
j. INFRASTRUCTURAL: The basic facilities
in which the commerce of a country depends on e.g. good roads, communication
system, pipe borne water etc.
k. Investment: the purchase of real or
tangible asset such as machines factories stocks of investment that are used to
produce goods and service.
l. Foreign: having to do with a country
or language other than ones own.
m. Turnover: the amount of business done
in a particular period with a certain amount of capital.
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