Contribution Of Small-Scale Business To National Economic Growth And Development

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Contribution Of Small-Scale Business To National Economic Growth And Development

ABSTRACT 

This paper analyzed the contribution of small-scale business to National Economic Growth and Development in the Country.  It also paid attention to the foundling of these enterprises.

Whereas failure of the large-scale import department assembly to propel the country into a satisfactory course of industrialization necessitate the demagnification of strategy to embrace the promotion of small-scale enterprises achievement under the new strategy has not been adequate with expectations of the stated objectives which were economic growth and development through the mobilization of available local resources, employment generation and industrial dispersal as well as mitigation of rural urban migration.  

This paper identified this lack of list achievement with problems associated with severe lack of managerial and technical skills among Nigerian small-scale industrialists, inadequate of financial resources as well as infrastructural deficiencies. 

Chapter one contains a general discussion of the contribution of small-scale business to economic growth and development as seen by different people.  It went further to state the problem to be studied and why this study was carried out, the scope and limitation of the study and finally the proposition and the definition of terms. 

A number of past related literature examined by other studies as it relates to the contribution of small-scale business in Nigeria are highlighted in chapter two.

Chapter three deals with the design of the study, the methods used in collecting relevant data.  It also deals with way the questionnaires were  distributed and the treatment of data, and statistical techniques used.

The data got from the research survey were analysed and interpreted.  Also similar questions on both questionnaires were compared in chapter four. 

Finally, the summary of findings conclusion in the research and recommendation made by the researcher are all in chapter five. 

If small-scale business will put the recommendation on how to achieve economic growth and development to use, such as increasing availability of credit by raising interest rate ceiling and permitting a “spread” that makes it worthwhile for banks to lend to small-scale business or by increasing the number and range of investment etc. problems of small-scale business will be a thing of the past. 

TABLE OF CONTENTS

Title page 

Approval page 

Dedication 

Acknowledgement 

Abstract

CHAPTER ONE

1.0INTRODUCTION 

1.1Background to the study 

1.2Statement of problem 

1.3Need for the study 

1.4Purpose of study 

1.5Scope of the study 

1.6Limitation of the study 

1.7Hypothesis 

1.8Definition of terms

CHAPTER TWO

2.0REVIEW OF RELATED LITERATURE

2.1Nature and scope of small-scale business 

2.2Factors that effect small-scale business 

2.3The role of small-scale business in economic growth 

2.4Starting a small business 

2.5Government policies for promoting small-scale business 

2.6The economic imperative of small business development in Nigeria 

2.7Importance of small business enterprises 

2.8Advantages of small-scale business 

2.9Advantages of self employment 

CHAPTER THREE 

3.1Design of the study/methodology 

3.2Population for the study 

3.3Development of research materials 

3.4Research procedure 

3.5Analysis of data 

3.6Statistical techniques.

CHAPTER FOUR 

4.1Presentation, analysis and interpretation of data

4.2Test of hypothesis

CHAPTER FIVE 

5.1Summary of findings 

5.2Conclusion 

5.3Recommendation

5.4Suggestion for further research 

5.5Bibliography

5.6Appendix

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