TECHNIQUES FOR ASSESSING DURABILITY OF SMALL SCALE BUSINESS OPPORTUNITIES IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
This research identified the techniques for assessing durability of small scale business opportunities in Nigeria. The study applied both quantitative and qualitative research methodology to identify the techniques for assessing the growth of 200 small businesses in Lagos. This was done by (1) identifying the mean characteristics of small businesses that had experienced their first disruption to growth after establishment, (2) identifying the dominant reasons for the growth challenges, (3) identifying the tools and/or actions employed to transgress the first challenge to growth and The most common mitigation tools and/or actions were to hire more staff, hire competent professional management, source external professional assistance in the form of a mentor and restructure reporting lines. This research found that the focus of small business development should focus on these types of businesses because of their propensity to grow faster and employ more staff. This study also emphasised the growth aspirations of the owner/ manager. Lastly a management model for small businesses was presented.
Related Project Materials
THE IMPACT OF AUTOCRATIC LEADERSHIP ON TEAM DYNAMICS
THE IMPACT OF AUTOCRATIC LEADERSHIP ON TEAM DYNAMICS
This study examines the impact of...
An appraisal of the impact of urbanization on local economic traditions in Umuahia North Local Government Area, Abia State
Background of the Study
Urbanization in Umuahia North has rapidly transformed traditional economic practices and community lifestyles. Th...
The effect of gender stereotypes on students' subject selection in secondary schools in Malumfashi LGA, Katsina State
Background of the Study
Gender stereotypes continue to influence educational experiences and career choices worldwide, inc...
Assessing the Role of Coordinated Fiscal Reforms in Enhancing Public Investment Efficiency in Nigeria
Background of the Study:
Coordinated fiscal reforms have been implemented in Nigeria with the objective of improving the ef...
The Impact of Auditing on Budgetary Controls in Tarauni Local Government Area
Background of the Study
Effective budgetary control is essential for ensuring that public funds are used efficiently in...
The impact of debit charge adjustments on customer retention in banking: a case study of Ecobank Nigeria
Background of the Study
Debit charge adjustments are a common strategy employed by banks to balance revenue generation wit...
THE INFLUENCE OF NIGERIA MASS MEDIA ON POLITICAL CAMPAIGN
ABSTRACT
The broad objective of this study is to examine the influence of Nigeria mass media on politic...
An Investigation of Bioinformatics Techniques for Genome-Wide Association Studies: A Case Study of Federal University, Dutse, Jigawa State
Background of the Study
Genome-wide association studies (GWAS) have become a cornerstone in understanding the genetic basis...
The influence of informal education on students' ability to manage time effectively in Kaura Local Government Area, Kaduna State
Background of the Study:
Effective time management is a critical life skill that underpins academic success, professional p...
The Effect of Outsourcing Logistics Services on Operational Efficiency in Fidelity Bank, Niger State
Background of the Study
Outsourcing logistics services refers to the practice of contracting third-party providers to handle logistics fu...
