EFFECTS OF SMALL BUSINESS ENTERPRISES ON EMPLOYMENT GENERATION IN NIGERIA (A CASE OF ISIMEME AND SONS NIGERIA LIMITED)

EFFECTS OF SMALL BUSINESS ENTERPRISES ON EMPLOYMENT GENERATION IN NIGERIA (A Case of Isimeme and Sons Nigeria Limited)

ABSTRACT

The current research study attempts to identify performance measure of small business ventures by focusing on the role of entrepreneurship in management practices to explain the performance of small business enterprises in Lagos State, and by doing so develops conceptual models of small venture performance in manufacturing industry within its unique conditions. After reviewing theory and research on small venture performance measures in general and in manufacturing industries in particular, we propose that performance measures of small business ventures constitute a combination of short-term and long-term measures. Furthermore, both types of measures include both subjective and objectives dimension. Using data from a survey of 55 workers from an enterprise in Lagos State, we found out that the characteristics of entrepreneurs have a strong impact on the performance of small business enterprises in Lagos State as the majority of the respondents generally supported the research proposition. The study emphasizes the importance of mapping the ventures achievements, allocating resources, and developing managerial skill to improve its performance and ability to survive in the long run.

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

1.1      Background to the study

1.2      Statement of the problem

1.3      Objectives of study

1.4      Research Question

1.5      Research Hypothesis

1.6      Significance of the Study

1.7      Limitation of Study

1.8      Definitions of Terms

CHAPTER TWO

LITERATURE REVIEW

2.1      Introduction

2.2      Conceptual classification of Definition of Small business Enterprises

2.3      Theory of Research on small Business Performance measure

2.3.1 Objectives Vs. objective performance

2.3.2 Short-terms Long-term performance Consideration

2.4      Small Business Enterprises and Management

2.4.1 Advertisement Management

2.5      Promoting for Global Competitiveness through Best Practices

2.6      Entrepreneurship and small Business Enterprises in Lagos State

2.7      Financing the Small Business Enterprises

2.8      Development programmes to Assisting the Development of  Small

Business Enterprises

2.9      Limitation & Shortcoming of Small Business

CHAPTER THREE

RESEARCH METHODOLOGY

3.1      Introduction

3.2      Research Design

3.3      Study Population

3.4      Sample & Sampling Techniques

3.5      Sources of Data

3.6      Nature of Data

3.7      Statement of Hypothesis

3.8      Method of Data Analysis

CHAPTER FOUR

PRESENTATION, ANALYSIS & INTERPRETATION

4.1      Introduction

4.2      Respondent’ Socio-Demographic Characteristics

4.3      Respondent’s Response to The Research Questions

4.4      Test of Hypothesis

4.5      Decision of Result

CHAPTER FIVE

SUMMARY, CONCLUSION & RECOMMENDATION

5.1      Summary of Major Findings

5.2      Conclusion

5.3      Recommendations

5.4      Suggestion for Further Study

Bibliography

CHAPTER ONE

INTRODUCTION

1.1            BACKGROUND TO THE STUDY

This project takes a broad look on the small business enterprises and their effect employment generation in Lagos State  performance, evidence from Charles Isimeme and Son Nigeria Limited, Sharon House, Plot 6, Bisi Oluwole Crescent, Agbado Lagos. Management practices of small business enterprises is a type of business which does not require any legal procedures and can be owned and managed by one man or by group of friends as the case may be. In Nigeria, the Third National Development Plan (1975-1980) Defines a small business enterprise as a manufacturing or service organization which employs not more than 10 people.

EFFECTS OF SMALL BUSINESS ENTERPRISES ON EMPLOYMENT GENERATION IN NIGERIA (A Case of Isimeme and Sons Nigeria Limited)