ADEQUACY OF FUNDING AND GROWTH OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study examined the adequacy of funding and growth of small and medium enterprises (SMEs) in Nigeria. The cross-sectional research was adopted and primary data (questionnaire) formed the major instrument of data collection. Three hundred and thirty-one (331) questionnaires were administered, out of which 309 were fully completed and retrieved. The data obtained in the fieldwork were analysed using both descriptive (mean, standard deviation, simple percentages) and the inferential (simple regression) statistical tools. Findings indicated that, while venture capital and business angels significantly affected SMEs growth, bank overdraft and trade credit had insignificant effect on the growth of SMEs. Given the findings, it was recommended among others that SMEs should discourage the use of trade credits and bank overdraft in funding SMEs. Also, there should be good policies by the government aimed at encouraging venture capital and business angels to promote SMEs growth.
Related Project Materials
THE EFFECTS OF PUBLIC RELATIONS ON ORGANIZATION: CASE STUDY OF ZENITH BANKS IN ANAMBRA STATE
Background of the study
Public Relation is the art and social science of analyzing trends predicting th...
DEVELOPMENT OF A PRIVACY AIDED TRUST ROUTING ALGORITHM BASED ON SOCIAL SIMILARITY IN OPPORTUNISTIC NETWORK
ABSTRACT
This research work presents the development of a privacy aided trust routing model using social similarity in an Opportunistic N...
THE ROLE OF ACCOUNTING IN FUND GOVERNANCE AND FIDUCIARY DUTIES
THE ROLE OF ACCOUNTING IN FUND GOVERNANCE AND FIDUCIARY DUTIES is explored in this study, with objectives to understand the responsibilities of acc...
FEEL GOOD ADVERTISING AND ITS EFFECT ON CONSUMER REPEAT PURCHASE BEHAVIOUR A STUDY OF DE-UNITED INDUSTRIES LTD MAKERS OF INDOMIE NOODLES
ABSTRACT
In this study, our focus was to examine feel good advertising and its effect on consumer...
ASSESSMENT OF EMPLOYMENT REQUIREMENTS IN THE BANKING SECTOR AND ITS IMPACT ON UNEMPLOYMENT IN NIGERIA
ABSTRACT
The study was carried out to assess employment requirements in the banking sector and its impact on unemploymen...
THE IMPACT OF COST ANALYSIS FOR PRODUCT LIFECYCLE MANAGEMENT
Abstract: THE IMPACT OF COST ANALYSIS FOR PRODUCT LIFECYCLE MANAGEMENT
This research examines the impact of cost analysis on product life...
THE EFFECT OF COMMUNITY SANITATION PRACTICE ON WATER QUALITY IN SELECTED COMMUNITIES IN JALINGO, TARABA STATE, NIGERIA
ABSTRACT
The study was conducted on communities along Lamurde floodplain between Latitude 8˚52’0” and 8˚56’6” and...
INTERNAL CONTROL SYSTEM AS A TOOL FOR EFFICIENCY IN THE MANAGEMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN ILORIN
ABSTRACT
The main objective of this study is to ascertain the efficiency of internal control system as...
MANAGEMENT OF PUBLIC DUMPSITE AND ITS EFFECT ON RESIDENTS
Abstract
This research work is aim at examining the management of public dumpsite and its effect on residents. The resea...
AN ASSESSMENT INTO THE MANAGEMENT OF ACCOUNTING METHODS AS A TOOL FOR DECISION MAKING IN AN ORGANIZATION
BACKGROUND OF STUDY
Planning, organizing, staffing, directing, and managing are just a few of the task...
