PROBLEMS OF FINANCING SMALL – SCALE ENTERPRISES IN NIGERIA
ABSTRACT
This study is under taken to explore some of the problems often encountered by small scale industrialists in Nigeria with special reference to small scale enterprises in Nigeria.
The study annually looked into the various firms of finance used by the small-scale business. This research work is so by the federal government to improve small scale enterprises in the country.
This subject is discussed in five chapters. The first chapter among other things introduced the background of the study, statement of problems, the purpose, significant, limitations and the definition of terms.
Chapter two is a review of various literatures related to the topic
Chapter three discussed how research was carried out which present the researcher’s methodology.
Chapter four discusses the findings. While chapter comprises the summary, recommendation and conclusion.
CHAPTER ONE
Introduction
1.1 Background Of The Study
Finance has been identified as one of the major factors for the development of small scale Industries in Nigeria. For the establishment of a small scale business in Nigeria, the first factor to be considered is the availability and source of fund for setting up the industry, small scale business is an organization that can be measured by various characteristic and some of these are its sales volume, capital investment, ownership structure and the member of paid employees.
Small scale industrial sector occupies a very significant place in the industrial sector of this country there are basically two broad categories of small scale industry. The first are those carried out by additional craftsmen and artisans, some of them might need assistance to moderise their skills. Tools and techniques of production. The second are those carried out by groups of small manufacturing enterprises which produce a variety of consumer and sample producer goods.
The small scale industry has been given different definition by different people and authorities at different times. However, the level of capital employed remains a relevant criterion for identifying the small scale industrial operation. Based on the general motion in the third National development plan 1976 − 1980, a small scale industry means an industrial undertaking involving total investment of up to but not exceeding one hundred and fifty thousand (150,000).
Small scale industries are given different definitions both by NBCJ and CBN policy the Central Bank of Nigeria based on the federal government 1988 budget defines a small scale industry in case of Merchant Banks as one with limit of capital investment of two million Naira (N2m) capital cost of land, or one with a maximum turn over of five Million Naira (N5m) and for the commercial banks, it is an enterprises with annual turnover not exceeding five hundred thousand naira (N500,000).
Additionally, the small scale industries division of the federal ministry of commerce and industry defines a small-scale industry “as establishment with capital investment holding totaling two hundred and fifty thousand naira (N250,000) with between 50 − 150 employees”? But judging from the recent industrial policy guideline, small scale unites means industries with capital outlay of between one hundred and two hundred thousand naira (N100,000 and N200,000) excluding land and building but including working capital.3
Having examine the various definitions with regards to the concept of small scale business, it is deemed necessary, for the purpose of this study to provide a basic framework by adopting a more common definition. Small scale industry can be defined as one which I independently owned and operated.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
Problems of Financing Small – Scale Enterprises in Nigeria can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Problems of Financing Small – Scale Enterprises in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Problems of Financing Small – Scale Enterprises in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can the material for “Perception of Psychosocial Consequences of Gender Based Violence among Female Adolescent in College” be used as a guide for Sociology Project?
Yes it can be used — Gender-based violence refers to violence directed towards an individual or group on the basis of their gender. The study scrutinized the Perception of Psychosocial Consequences of Gender Based Violence among Female Adolescent in College. In achieving this aim, the following specific objectives were laid out to find out the factors militating gender based violence among Female Adolescent in College and determine the relationship between gender and sexualized violence among Female Adolescent in College. The motivation that led to this research work, is as a result of the consequences of gender-based violence are devastating. Survivors often experience life-long emotional distress, mental health problems and poor reproductive health. The research design used in this report is descriptive design, utilizing questionnaire method to …
Is the topic “An Analysis of the Causes of Students Poor Performance in Typewriting and Shorthand” recommended for Education Project?
Yes it is highly recommended — This study investigate student’s poor performance in shorthand and typewriting, causes and suggested remedies, and a comparative study of three selected educational tertiary institutions in Enugu College of Education Metropolis was undertaken with a prime objectives on how to improve student’s poor performances in shorthand and typewriting. This focus is in the areas of taking down notes speedily as well as transcribing and producing accurate neat work in both academic and office works. In order to get genuine facts and information, related literature were reviewed, eliciting views and opinions of different specialists and experts. In addition, some selected institutions were sampled and a total of 133 copies of the questionnaires were administered to both students and lecturers. During the course …
Is the topic “Design and Implementation of Creche Online Payment and Registration System” recommended for Computer Science (CS) Project?
Yes it is highly recommended — The aim of the study is to develop an online payment and registration system for crèche students that will serve as a more efficient alternative to the current crèche student payment and registration process. The motivation of the study is the need to increase the efficiency of attending to registrants in order to reduce the time, cost and stress associated with the current process. In analyzing the existing system, the following problems were identified; The current system requires that students must form long queues at all times before they are attended to, the current system keeps the screening officer under constant pressure and this could lead to mistakes, much time is taken to attend to a single student during the …
Can the material for “Formulation and Evaluation of Some Healthy Natural Juice Blends” be used as a guide for Science Laboratory Technology (SLT) Project?
Yes it can be used — The study formulates and evaluates Some Healthy Natural Juice Blends. In achieving this aim, the following specific objectives were laid out to prepare healthful fresh juices from different vegetable and fruit blends and assess the intensity of sensory attributes and the acceptability evaluation by consumers. Fruit and vegetable juices are popular and healthful drinks for their nutritional value. Fresh juices contain antioxidants, vitamins and minerals that are essential to promote healthy life in human beings and they also play an important role in the prevention of many diseases. Blended Juice is one of the methods that is used to improve the nutritional quality of the final product, where it improve vitamins and minerals contents according to the kind and quality …
Can the material for “Assessment of Human Resource Development in Small Scale Business Enterprise” be used as a guide for Human Resource Management (HRM) Project?
Yes it can be used — Human resource development is concerned with the provision of learning, development and training opportunities in order to improve individual, team and organizational efficiency. The study was carried out to assess the Human Resource Development in Small Scale Business Enterprise using Ikeduru Local Government Area as a case study. Investigation revealed that Human Resources Development approach has not taken a planned route in most instances. Training and educational contents are not systematically and regularly tested for relevance to the changing requirements of the small scale business enterprise. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. A total of 200 (two hundred) respondents were selected for this study …
Is the topic “Kindergarten Online Payment and Registration System” recommended for Computer Science (CS) Project?
Yes it is highly recommended — The aim of the study is to develop an online payment and registration system for crèche students that will serve as a more efficient alternative to the current crèche student payment and registration process. The motivation of the study is the need to increase the efficiency of attending to registrants in order to reduce the time, cost and stress associated with the current process. In analyzing the existing system, the following problems were identified; The current system requires that students must form long queues at all times before they are attended to, the current system keeps the screening officer under constant pressure and this could lead to mistakes, much time is taken to attend to a single student during the …
Can this topic “Role of Liabilities Management and Assets in Distress Resolution in Nigerian Banking Sector” be used for Banking and Finance (BF) Project?
Yes it can be utilized for research — The study investigates the role of liabilities management and assets in distress resolution in Nigerian banking sector. The purpose of the research is to examine whether the establishment of bridge banks would help develop the Nigerian banking industry, to establish weather bridge banking has helped in distress resolution. The survey research design was adopted with of special questionnaires to employee of central bank of Nigeria as well as a staff of the two bridge banks in Nigeria. Frequency distribution table was used for data presentation with percentage method for data analysis as chi-square test was used for hypothesis. It was discovered from empirical information/response that bridge banking not only helps in distress resolution but also in the development of the …
Can the material for “Effect of Rapid Population Growth on the Economy” be used as a guide for Economics Project?
Yes it can be used — The study was carried out to survey the effects of population in Ondo State a case study of Okitipupa Central. The sample consists of 26 area in Okitipupa Central. A questionnaire was constructed based on the crave for the percentage of increase yearly. The effect of grow on Nigeria economy in particular, Okitipupa central the percentage of parents that have more than four children, if a family planning centre can be built to reduce the population growth, the enlightenment, government intervention to the increase growth as well as the peoples move or reaction to the increasing population. The major findings include; the population of Okitipupa Local Government Area. The percentage of parent having four children is low family planning centre can …
Can the material for “Effects of Pidgin English in Standard English Usage Among Students in Selected Secondary Schools” be used as a guide for English Language Project?
Yes it can be used — The use of Pidgin English in the Nigerian context has gone beyond verbal communication to become more of a mode of behaviour as its expression has moved from informal conversation to formal situations. This above scenario necessitated this study which investigates the effects of Pidgin English on Standard English usage among selected secondary schools in Eha-Amufu in Isi-Uzo L. G. A. Using the descriptive research design and the questionnaire as the research instruments, data were collected from a sample of 200 students and 35 teachers from four selected secondary schools in Eha-Amufu. Also, copies of the written essays of the selected students were analysed to complement results from the questionnaire. Findings reveal that the use of Pidgin English is traceable …
Can the material for “Digitalization of the Child Abuse System” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Digitalization of the Child Abuse System is a project proposed to create awareness among masses on the issues related to child abuse. The computerized system will keep tracks of all the suspicious incidents of child abuse by generating reports, aid law enforcement agency based on numerous details. Implementing this computerized system will play a crucial role in child welfare. The aim of the study is to digitalize the manual child abuse tracking system. In achieving this aim, the following specific objectives were laid out to design a functionally database system for child abuse offenders and victims, compute child abuse records for easy retrieval and design a software that will deny access to unauthorized personnel. The motivation that led to the …