MANAGEMENT AND OPERATION ON SMALL SCALE BUSINESS (A CASE STUDY OF TEXTILE UNIT

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MANAGEMENT AND OPERATION ON SMALL SCALE BUSINESS (A CASE STUDY OF TEXTILE UNIT

ABSTRACT

The study analyses management and operation on small scale business a case study of textile unit. The management and operations of small business is confronted with some challenges which constitute the limitations hindering the growth of small business in Nigeria. Some of these problems include lack of huge capital to expand or take advantage of business opportunities. Also, poor decision making and improper accounting has also been a huge problem confronting Small businesses among other things.

Objectives of the study include; determining the nature of small scale business, to determine the Management and operation of small scale business. Concerning methodology, both secondary and primary sources of data was used for the study. A descriptive research design was used with a sample size of 120. Data was analyzed using chi-square statistical tool. Key findings from the study showed that with a significance level of 0.05, there is a significant relationship between operational problems and performance of Small and Medium Businesses. Small and Medium Businesses in delta have grown overtime. Government has helped in the development of Small and Medium Businesses in Delta. Small and Medium Businesses find it difficult accessing loans from government. Recommendations for the study include; Small and Medium Businesses should be given access to loans and grants from government. Technical assistance programme by the government aimed at providing the needed skills in the area of proper evaluation of viable opportunities, mobilization of necessary resources and project implementation should be provided to the citizens.  This will have a positive influence on the economy.

 

 

TABLE OF CONTENTS

Title Page -        -        -        -        -        -        -        -        -        i

Approval Page   -        -        -        -        -        -        -        -        ii

Declaration        -        -        -        -        -        -        -        -        iii

Dedication          -        -        -        -        -        -        -        -        -        iv

Acknowledgement      -        -        -        -        -        -        -        v

Abstract    -        -        -        -        -        -        -        -        -        vi

Table of Contents       -        -        -        -        -        -        -        vii

 

CHAPTER ONE – INTRODUCTION

1.1    Background of the Study    -        -        -        -        -       

1.2    Statement of General Problem   -        -        -        -       

1.3    Objective of the Study         -        -        -        -        -        -       

1.4    Research Questions   -        -        -        -        -        -       

1.5    Hypothesis   -      -      -      -      -      -      -        -        -       

1.6    Significance of the Study    -        -        -        -        -       

1.7    Scope of the Study      -        -        -        -        -        -       

1.8    Definition of Terms    -        -        -        -        -        -       

 

CHAPTER TWO – REVIEW OF RELATED LITERATURE

2.1    Introduction       -        -        -        -        -        -        -        -        -

2.1 The concept of small and medium enterprises    -       -        -

2.2 The development of small and medium enterprises in Nigeria

-        -        -        -        -        -        -        -        -       -          -        -        -       

2.3 Government and private sector’s contributions in the promotion of small and medium enterprises- -        -        -        -        -        -

2.4 Problems of small and medium scale enterprises in Nigeria      

-        -        -        -        -        -        -        -       -          -        -        -        -

2.5 The role of small and medium scale enterprises on the economic development of Nigeria. -  -        -        -        -        -        -        -        -

2.6 The contributions of small and medium scale enterprises to economic growth -    -        -        -        -        -        -        -        -        -

 2.7 Empirical literature-  -        -        -        -        -        -        -        -

 

CHAPTER THREE – RESEARCH METHODOLOGY

3.1    Introduction       -        -        -        -        -        -        -        -        -

3.2   Source of Data     -    -        -        -        -        -        -        -        -

3.3   Research Design-      -        -        -        -        -        -        -        -

3.5   Population of Study-          -        -        -        -        -        -        -        -

3.6   Research Sample Size and Sampling Technique-     -        -       

3.7   Description of the Research Instrument-  -        -        -        -

3.8   Reliability and Validity of Instrument-      -        -        -        -

3.9   Method of Data Collection-        -        -        -        -        -        -

3.10 Method of Data Analysis  -        -        -        -        -        -        -

 

CHAPTER FOUR – DATA PRESENTATION AND ANALYSIS

4.0    Introduction       -        -        -        -        -        -        -        -        -

4.1    Data Presentation and Analysis -        -        -        -        -        -

4.2    Characteristics of the Respondents     -        -        -        -        -

4.3    Data Analysis    -        -        -        -        -        -        -        -        -

4.4    Testing Hypothesis    -        -        -        -        -        -        -        -

4.5    Summary of Findings          -        -        -        -        -        -        -        -

4.6    Discussion of Findings        -        -        -        -        -        -        -

CHAPTER FIVE – SUMMARY, CONCLUSION AND RECOMMENDATION

5.0    Findings   -        -        -        -        -        -        -        -        -

5.1    Summary  -        -        -        -        -        -        -        -        -        -

5.2    Conclusion         -        -        -        -        -        -        -        -        -        -

5.3    Recommendations      -        -        -        -        -        -        -        -

          References -       -        -        -        -        -        -        -        -        -

Appendix  -        -        -        -        -        -        -        -        -        -

 

 

 

 

 

CHAPTER ONE

INTRODUCTION

1.1      Background To The Study

Small scale businesses are those businesses which are independently owned and operated requiring limited capital with few employee and non-sophisticated technology and which is not dominant in its field of operation. Small businesses constitute those sole proprietorships, privately owned corporations, partnerships with fewer employees and less annual revenue than a regular-sized business or corporation. Types of small business include those engaged in trade and commercial activities, services, and small scale manufacturing .Examples  include service or retail operations such as delicatessens, hairdressers or convenience stores, small grocery stores, bakeries tradespeople (e.g., carpenters, electricians), very small-scale manufacturing, and Internet-related businesses. Small business can be started with very minimal capital  and without any formality .many small business are operated as family business and can be combined with regular employment. The research therefore seek to investigate the Management and operation on small scale business (A case study of Textile unit

 

1.2 Statement of the Problem

The management and operations of small business is confronted with some challenges which constitute the limitations hindering the growth of small business in Nigeria. Small scale businesses are those businesses which are independently owned and operated requiring limited capital with few employee and non-sophisticated technology  and which is not dominant in its field of operation. Small businesses constitute those sole proprietorships,  privately owned corporations, partnerships with  fewer employees and less annual revenue than a regular-sized business or corporation. Types of small business include those engaged in trade and commercial activities, services, and small scale manufacturing .Examples  include service or retail operations such as delicatessens, hairdressers or convenience stores, small grocery stores, bakeries tradespeople (e.g., carpenters, electricians), very small-scale manufacturing, and Internet-related businesses. Small business can be started with very minimal capital and without any formality .many small business are operated as family business and can be combined with regular employment. Some of that problem includes lack of huge capital to expand or take advantage of business opportunities .Also the lack of managerial skill also affects the smooth and successful operation of small businesses. Lack of planning skill often leads many small businesses into failure. Poor decision making and improper accounting also constitute the problem confronted by   Small businesses among other things. Consequently  the problem confronting the research is to proffer an appraisal of the Management and operation of small scale business (A case study of Textile unit

 

1.2      Objectives of the Study

To determine the nature of small scale business

To determine the Management and operation of small scale business (A case study of Textile unit)

1.3      Research Questions

1.  What is small scale business?

2.  What is the level of impact of the management and operation of small scale business?

1.4      Significance of the Study

The study shall appraise the nature, management and operation of small scale business which shall serve as a vital source of information to investors.

 

1.5      Research Hypothesis

Ho The level of impact of the Management and operation of Textile unit small business is low

HI The level of impact of the Management and operation of Textile unit small business is high

 

1.6      Scope of the Study

The study focuses on the appraisal of Management and operation of small scale business with a case study Textile unit

1.7      Limitations of the Study

The study was confronted by some constraints including logistics and geographical factors.

 

1.8      Definition of Terms

SMALL BUSINESS DEFINED

Small scale businesses are those businesses which are independently owned and operated requiring limited capital with few employee and non-sophisticated technology and which is not dominant in its field of operation. Small businesses constitute those sole proprietorships, privately owned corporations, partnerships with fewer employees and less annual revenue than a regular-sized business or corporation.

FRANCHISE  BUSINESS

Franchising is a way for small business owners to benefit from the economies of scale of the big corporation (franchiser). McDonald's and Subway are examples of a franchise. The small business owner can leverage a strong brand name and purchasing power of the larger company while keeping their own investment affordable

Retailers' cooperative

A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses. It is common for locally owned grocery stores, hardware stores, and pharmacies to participate in retailers' cooperatives. Ace Hardware, True Value, and NAPA are examples of a retailers' cooperative.

 

REFERENCES

Shailer Gregory E. P. (1 September 1993). "The irrelevance of organizational            boundaries of owner-managed firms". Small Bus Econ. 5 (3): 229–237. 

Driessen, Martyn P.; Zwart, Peter S. (2010). "The role of the entrepreneur in small business success: the Entrepreneurship Scan" (PDF). 

Small Business Administration. Summary of Size

Small Business Health Care Tax Credit for Small Employers. IRS.

Small Businesses joined by Facebook. Steve Kaplan. 2014. Retrieved 13 May 2014. 

Bureau, US Census. "Survey of Business Owners and Self-Employed Persons (SBO)". 

Healeas, S. Purdy, D. Stanworth, C. Watson, A.2004. Franchising as small business growth strategy: A resource based view organizational development: International small business journal,22(6),pp 539-599

Fox, W.F.; Murray, M.N. (2004). "Do Economic Effects Justify the Use of Fiscal Incentives?". Southern Economic Journal. 71 (1): 78–92. doi:. 

Longenecker, Justin G.; Carlos W. Moore; J. William Petty; Leslie E. Palich (2008). Small business management: launching and growing entrepreneurial ventures. (14th ed.). Cengage Learning. p. 768. 

Small Business and Self-Employed One-Stop Resource". Irs.gov. 2010-09-26. Retrieved 2015-09-26. 

Walczak, D.; Voss, G. "New Possibilities of Supporting Polish SMEs within the Jeremie Initiative Managed by BGK". Mediterranean Journal of Social Sciences. 4 (9): 759. 

Surveying Businesses on Tax Compliance Costs" (PDF). Retrieved 2011-10-17. 

Small Business: The Art Of The Start". Retrieved 2015-01-13. 

Shailer, G. Capitalists and Entrepreneurs in Owner-managed Firms. International Small Business Journal 12(3) April-June

MANAGEMENT AND OPERATION ON SMALL SCALE BUSINESS (A CASE STUDY OF TEXTILE UNIT

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MANAGEMENT AND OPERATION ON SMALL SCALE BUSINESS (A CASE STUDY OF TEXTILE UNIT

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  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 74 Pages
  • CHAPTERS : 1 - 5
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