SMES/ENTREPRENEURSHIP PROJECT TOPICS AND MATERIALS
This research work is conducted on the role of bank of industry towards the development of small scale enterprises. The aims and objectives of the study is to analyze the various role played by bank of industry in developing small scale enterprises as well as the activities of government policies, such as provision of infrastructural facilities. The researcher uses the questionnaire and interview method to collect the data from the respondents. The analysis and crossed tabulation of data gathered were done using the mean statistical method with the 1-5 Likert rating scale for proper accuracy in arriving at a dependable decision rule. Lastly the researcher concluded that, the bank of industry was able to maintain its customer because they do welcome whatever kind of financial assistance, he finally recommended that, the government should also endeavour to appoint the workers to teach the entrepreneur who does not have the advantage of attending seminar or workshops especially the illiterate ones.
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The entire research project consist of these chapters. Chapter one consist of a brief introduction on the background of the study, statement of the problem, research questions, objectives of the study, significance of the study, scopes and limitations of the study, hypothesis, outline of the study and the definition of terms. Chapter 2 would cover the literature review, comprises of conceptual ,theoretical framework and the empirical literature, case study review, entrepreneurship challenge in Nigeria, economic perspective on entrepreneurship, Nigerian poverty alleviation in enhancing entrepreneurship, brief history of NAPEP, constraint, on NAPEP in enhancing entrepreneurship, and summary of the chapter.
Chapter 3 deals with research methodology; such as research design, sample size and sample technique, data collection and methods, data analysis techniques, presentation of data, justification of the method used and the summary of the chapter. While chapter 4 will cover data presentation and analysis, test of hypothesis, finding of the research and summary of the chapter.
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The concern of credit facilities as a factor input has been amplified by different experts and government itself has the potentials of opening new doors of opportunities in the development of small-scale farming in Nigeria.
There are few studies on the subject of small scale farm credit and how their socio-economic characteristics influence their decision about whether or not to take credit. The development of the sector is not feasible if an avenue of credit facilities is not provided. Therefore, this research work is directed at providing insight into this less studied dimension in agriculture by eliciting and analyzing small scale farmers’ socio-economic factors that affect their decision about credit facilities, and also to evaluate the nature, structure and pattern of credit facilities to small scale farmers in Nigeria.
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Material management is a strategy for achieving organizational productivity. The researcher started this research work by introducing the subject matter, background of the study, statement of the problem, objective of the study, significance, and scope of the study were highlighted also the researcher formulated hypothesis which form the basis for the research. In the second chapter the researcher reviewed the work of various authors on the subject matter, the concept of management, the significance of material management concept, the material flow system, basic materials functions determination of materials need material cost reduction strategies were discussed in the chapter. The method used in carrying out the research was discussed in chapter three, the method of gathering data, sampling and sampling techniques, justification of method used and method of data analysis.
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This study examines an appraisal of performance of small scale enterprises in community development; evidence from Anambra south senatorial zone, Anambra state. Specifically the study provides the reasons for going into SMEs; sources of financing SMEs; role of SMEs in community development and factors militating against SMEs in community development. The researchers distributed 143 questionnaires to the respondents that make up the sample size. The research questions were answered using mean rating under the modified four-point likert scale.Result of the investigation reveals that SMEs play the following role in community development: Generation of employment; Service provision; Improve living standards and poverty alleviation. Consequently this study therefore recommends that: government should re-introduce the small business credit scheme so that beneficiaries can use them to run the micro, small and medium enterprises; government, chamber of commerce and other non-governmental organization should regularly organize seminars for potential and actual small and medium enterprise operators where they should be educated on how to plan, organize, direct and control their businesses there should also be a re-introduction of soft loans for small and medium business by the government and financial institution to enhance the performance of SMEsin community development.
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The study proffers an appraisal of success criteria for entrepreneurship business in Nigeria.Entrepreneurship is The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses.In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global marketplace.The research proffers success criteria for entrepreneurship in business with a case study of Juli supermarket Lagos.
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The growing importance of entrepreneurship in terms of constituting a sector of employment generation and economic building. Necessitates that entrepreneurial businesses should have the capacity to grow, make profit and contribute to the nations economic development.Entrepreneurship is The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses.In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global marketplace.
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Several challenges were encountered in this study which are considered as limitations. Firstly, this research study is entirely based on self-reported measures. A social desirability bias may appear in our study because subjects sometimes respond to surveys in a manner that make themselves meet society’s desires. An anonymity guarantee was reassured to the respondents. Some evidence shows that a self-report of dishonest behaviour can be quite accurate and the bias should have no impact on the testing of the model (Beck and Ajzen, 1991; Becker et al., 2006). Second, the dependent variable used in this study is the intention to engage in entrepreneurial behaviour rather than the actual behaviour itself. Even though many researchers have indicated that behavioural intention is an adequate proxy of actual behaviour (Allen, Fuller and luckett, 1998), the self-report method is still subjective to the bias of CMV.
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Taxation policy towards SMEs is an important factor that needs to be considered because SMEs are a crucial sector of the economy, despite being owned by individuals and are smaller in size than larger firms. In addition, they improve the standard of living of a majority of the population. Therefore, revenue authorities have to take all of the above features into account when establishing the components of taxation policy that are associated with SMEs. Despite the vibrancy of SMEs, they have a major negative characteristic: they often have an extremely short life span. Some of the factors that bring about shutting down of SMEs sooner than expected after their inception are tax related, including multiple taxation and enormous tax burdens. The perception of SMEs by policy makers often fails to acknowledge their significance as a mechanism of economic growth and development. Regarding SMEs as insignificant enterprises that have no impact on the economy is an oversight that can no longer be justified. This is because SMEs merely require a favorable regulatory environment in which to conduct business, and they will demonstrate their potential for profitability and growth. Thus they need to be granted a measure of flexibility in taxation which will allow them to maximize their potential. The profitability and growth of SME can be assessed through the parameters of sales revenue, asset accumulation, and returns on capital, therefore it is important to find out the effect that taxati
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Taxation is one of the major fiscal policies the government of any nation such as Nigeria can use to achieve economic stability and in the financing of capital expenditure. Various taxes are levied upon the income, wealth or gain of an individual, family and business firm by the government for the purpose or benefits of the general public.
Tax by a simple definition is a financial charge or other levy imposted upon a tax payer which could be an individual or a legal entity from the point of view of the student researcher by a state such that failure to pay is punishable by law. Thus, taxation cannot be regarded as a voluntary payment or donation but an enforced contribution exacted pursuant to legislative authority. In modern taxation system such as Nigeria, taxes are levied, in money which could be use for myriads of functions or purpose such ay a expenditure on public order, protection of lives and property, economic infrastructure cures such as roads, public works, social engineering and the operation of government itself (Carrol, et al 2000).
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