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 people’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 i
Dedication ii
Acknowledgement iii
Abstract
Table of Contents
CHAPTER ONE
1.1 Background of Study 1
1.2 Statement of the problem 4
1.3 Objective of the Study 6
1.4 Hypothesis 6
CHAPTER TWO
2.0 Literature Review 7
2.1 Conceptual Framework 7
2.2 Theoretical Literature 11
2.2.1 Types of Small and Medium Enterprise 15
2.2.2 Roles of Small and Medium Enterprise in Enugu State Metropolis in Job Creation and Poverty Eradication 16
2.2.3 Importance of Small and Medium Enterprise in Nigeria 18
2.2.4 Problems of Small and Medium Enterprise Enugu East 22
2.2.5 Prospect of Small and Medium Enterprise Enugu East Senatorial Zone 23
2.2.6 Challenges in Facing Small and Medium Enterprise in Enugu East Senatorial Zone 25
2.2.7 Small and Medium Enterprise Credit Scheme: Case Study Of Enugu East Senatorial Zone 26
2.3 Empirical Framework 30
2.3.1 Ways of Encouraging Small and Medium Enterprise to Enhance National Development in Enugu East Senatorial Zone 35
2.3.2 Government Refund on Small and Medium Scale and Means of Administration 37
2.3.3 Limitation of the Study 38
CHAPTER THREE
Research Methodology 40
3.1 Research Design 40
3.2 Area of Study 40
3.3 Source of Data 40
3.4 Sample Size Determination and Sampling Techniques 41
Research, A. &
GLORY, U
(2020). Problems and Prospects of Small and Medium Enterprises in Nigeria. A Case Study of Enugu East Senatorial Zone. Afribary. Retrieved from https://afribary.com/works/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone-1
MLA 8th
Research, Afri, and
UMEBALI GLORY
"Problems and Prospects of Small and Medium Enterprises in Nigeria. A Case Study of Enugu East Senatorial Zone" Afribary. Afribary, 07 Sep. 2020, https://afribary.com/works/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone-1. Accessed 29 Mar. 2024.
MLA7
Research, Afri, and
UMEBALI GLORY
. "Problems and Prospects of Small and Medium Enterprises in Nigeria. A Case Study of Enugu East Senatorial Zone". Afribary, Afribary, 07 Sep. 2020. Web. 29 Mar. 2024. < https://afribary.com/works/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone-1 >.
Chicago
Research, Afri and
GLORY, UMEBALI
. "Problems and Prospects of Small and Medium Enterprises in Nigeria. A Case Study of Enugu East Senatorial Zone" Afribary (2020). Accessed March 29, 2024. https://afribary.com/works/problems-and-prospects-of-small-and-medium-enterprises-in-nigeria-a-case-study-of-enugu-east-senatorial-zone-1
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