and effectiveness of small and medium scale enterprises as an instrument of economic growth and development in Nigeria has long been under scrutiny. This intense scrutiny has been against the backdrop of the low performance and inefficiency that characterized small and medium scale enterprises particularly in assessing its role on economic growth and development. Despite government institutional and policies support to enhancing the capacity of small and medium scale enterprises‚ SMEs has fallen short
Premium Economics Economic development Economic growth
Major problems facing small scale enterprises One major problem in Nigeria’s business environment is inadequate power supply. This and other factors are responsible for the problems and low performance of small scale enterprises and these problems seem to have to defied all efforts by government to address them. The problems over the years have equally kept foreign investors on the run despite Nigeria’s efforts to lure them to invest in the country.In this edition‚ Saturday Vanguard went to town
Premium Lagos Local government Entrepreneurship
SMALL SCALE BUSINESS MANAGEMENT This programme comprises modules for learners who intend to start small businesses‚ or are already running some. They may choose those modules that are of interest to them‚ or do the entire programme. The courses enable learners to run businesses successfully and be able to source funds from financial institutions. Programme components There are a total of 10 modules‚ each divided into two topics. Learners who are interested in doing the entire programme leading
Premium Business Management Small business
and orientation of small-scale industry in Nigeria‚ small-scale industry orientation is part and parcel of Nigeria evidence bound in our respective communities of what successes our great grandparent made at their respective trading concerns like yam‚ beans‚ iron smelting‚ farming‚ cottage industries and the likes so. The secret behind the their success at self-relent strategy does not like in any particular political philosophy‚ so much as in the people’s attitude to enterprise and in the right to
Premium Small business
8. Financial Projections.......................................................................16-19 9. Implementation Plan...................................................................... 20-21 EXECUTE SUMMARY This is a business expansion. The business name is Mcraj Arts & Designs - catering and decoration busi. it started on 04 December 2010. It was funded by Department of Youth on the 29th June 2010. When I started this project my aims was to make something that is unique in
Premium Customer service
IMPACT OF MICROFINANCE ON FINANCIAL EMPOWERMENT OF MICRO AND SMALL ENTERPRI ABSTRACT Microfinance is the provision of savings accounts‚ loans‚ insurance‚ money transfers and other banking services to customers that lack access to traditional financial services‚ usually because of poverty. It is the provision of financial services to the low income households and micro and small enterprises. The general objective of this study was to investigate the impact of Microfinance on financial empowerment
Premium Microfinance Financial services Poverty
Arabian Journal of Business and Management Review (OMAN Chapter) Vol. 1‚ No.7; February 2012 Development of Small and Medium Scale Enterprises: The role of Government and other Financial Institutions By: Emmanuel O. Oni Ph.D & Daniya A. A. Department of Entrepreneurship and Business Technology‚ Federal University of Technology‚ Minna ABSTRACT Small and Medium Scale Enterprises constitute essential ingredients in the lubrication and development of any economy. In Nigeria‚ the story makes
Premium Small business Nigeria Bank
SMALL SCALE INDUSTRY INTRODUCTION The definition for small-scale industrial undertakings has changed over time. Initially they were classified into two categories- those using power with less than 50 employees and those not using power with the employee strength being more than 50 but less than 100. However the capital resources invested on plant and machinery buildings have been the primary criteria to differentiate the small-scale industries from the large and medium scale industries. An
Premium Industry Venture capital Finance
CHALLENGES AFFECTING THE GROWTH OF SMALL SCALE ENTERPRISES IN KENYA (A Case study of Wajir Soko Mjinga Market) A Research proposal Submitted in Partial Fulfillment for the Award of Diploma in Business Administaration to the Mount Kenya University JULY 2013 ACKNOWLEDGMENT I take this occasion to thank the Almighty GOD for blessing me with his grace. I extend my sincere gratitude to my MKU supervisors for giving the right guidance while
Premium Small business Economic growth Government
v Leadership Continuum Actions: Add to Favorites | Free Magazines | Opinion | Search Categories: Articles | Books | Education | Faq | Glossary | Home | Leaders | More on Management | Organizations The Leadership Continuum model Tannebaum Autocratic vs. Democratic Leaders Leadership theory R. Tannebaum and W.H. Schmidt 1973 The Leadership Continuum model of Tannebaum and Schmidt (1973) suggests that autocratic
Premium Leadership Management