Problems And Prospects Of Small And Medium Enterprises In Nigeria (a Case Study Of Enugu East Senatorial Zone)

ABSTRACT

The main purpose of this study is to identify the problems and prospects of small and medium enterprise in Enugu East Senatorial Zone. To do this, data were collected from both primary and secondary sources. The main instrument of data collection was the questionnaire.

The data were presented in tables as frequency, distribution in the data analysis, the techniques of percentages frequencies were used. The hypothesis were tested with z-test technique at 5% significance level.

Having analysed the data the following were the major findings;

Most of the operators of small and medium enterprise in Enugu East Senatorial Zone make an average daily turnover of N15,000 and profit of about N15,000 daily.

There has been a phenomenal growth in the dimensions and nature of small and medium enterprise in Enugu East Senatorial Zone.

The growth is mainly on account of peopleâ€™s desire to be self employed.

The problems of establishing and managing small and medium enterprise include lack of capital, lack of managerial skills, lack of business ideas, high cost of operational facilities, scarcity of accommodation, lack of efficient preservation, system and poor environmental and sanitation.

TABLE OF CONTENTS

Approval Page

Dedication

Acknowledgement

Abstract

Table of Contents

CHAPTER ONE

1.1 Background of Study

1.2 Statement of the problem

1.3 Objective of the Study

1.4 Hypothesis

CHAPTER TWO

2.0 Literature Review

2.1 Conceptual Framework

2.2 Theoretical Literature

2.2.1 Types of Small and Medium Enterprise

2.2.2 Roles of Small and Medium Enterprise in Enugu State Metropolis in Job Creation and Poverty Eradication

2.2.3 Importance of Small and Medium Enterprise in Nigeria

2.2.4 Problems of Small and Medium Enterprise Enugu East

2.2.5 Prospect of Small and Medium Enterprise Enugu East Senatorial Zone

2.2.6 Challenges in Facing Small and Medium Enterprise in Enugu East Senatorial Zone

2.2.7 Small and Medium Enterprise Credit Scheme: Case Study Of Enugu East Senatorial Zone

2.3 Empirical Framework

2.3.1 Ways of Encouraging Small and Medium Enterprise to Enhance National Development in Enugu East Senatorial Zone

2.3.2 Government Refund on Small and Medium Scale and Means of Administration

2.3.3 Limitation of the Study

CHAPTER THREE

Research Methodology

3.1 Research Design

3.2 Area of Study

3.3 Source of Data

3.4 Sample Size Determination and Sampling Techniques

3.5 Instrument

3.6 Data Collection Procedure

3.7 Method of Data Analysis

CHAPTER FOUR

Data Presentation of Analysis

4.1 Analysis and Interpretation of Data

4.2 Test Hypothesis

CHAPTER FIVE

Summary, Recommendation and Conclusion

5.1 Summary of Findings

5.2 Conclusion

5.3 Recommendation

Bibliography

Questionnaire

LIST OF TABLES

Table 4.1 Administration of Questionnaire

Table 4.2 Distribution of Respondents

Table 4.3 Age Distribution of Respondents

Table 4.4 Marital Distribution of Respondents

Table 4.5 Educational Qualification of Respondents

Table 4.6 Number of Years in the Business

Table 4.7 What Extent Does Enugu East Senatorial Zone Affect the Operation of Small and Medium Enterprise

Table 4.8 Factor Responsible or phenomenal growth of Small and Medium Enterprise

Table 4.9 Responses of Consumers Feelings

Table 4.10 Nature of Competition

Table 4.11 Problems of Setting up Small and Medium Enterprise

Table 4.12 Problems of Managing Small and Medium Enterprise

Table 4.13 Future prospects of Small and Medium Enterprise

Table 4.14 Distribution of Daily Turnover

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(2013, 05). Problems And Prospects Of Small And Medium Enterprises In Nigeria (a Case Study Of Enugu East Senatorial Zone).. ProjectStoc.com. Retrieved 05, 2013, from https://projectstoc.com/read/1732/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone

"Problems And Prospects Of Small And Medium Enterprises In Nigeria (a Case Study Of Enugu East Senatorial Zone)." ProjectStoc.com. 05 2013. 2013. 05 2013 <https://projectstoc.com/read/1732/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone>.

"Problems And Prospects Of Small And Medium Enterprises In Nigeria (a Case Study Of Enugu East Senatorial Zone).." ProjectStoc.com. ProjectStoc.com, 05 2013. Web. 05 2013. <https://projectstoc.com/read/1732/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone>.

"Problems And Prospects Of Small And Medium Enterprises In Nigeria (a Case Study Of Enugu East Senatorial Zone).." ProjectStoc.com. 05, 2013. Accessed 05, 2013. https://projectstoc.com/read/1732/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone.

Problems And Prospects Of Small And Medium Enterprises In Nigeria (a Case Study Of Enugu East Senatorial Zone)

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