IMPACTS OF SMALL BUSINESS ENTERPRISES ON EMPLOYMENT CREATIONS IN LAGOS STATE (A STUDY OF SELECTED SBES IN LAGOS STATE)

IMPACTS OF SMALL BUSINESS ENTERPRISES ON EMPLOYMENT CREATIONS IN LAGOS STATE (A study of selected SBEs in Lagos State)

ABSTRACT

The focus of this study is on “Impacts of small business enterprises on employment creation in Lagos State. Small Business Enterprises are the vocal discuss and objective of this research is to ascertain the role of SBEs assumed to have played in terms of employment creation among others.

The survey research method was employed and questionnaires were used to collect the necessary data from respondents.

To achieve these objectives, a 5 point Likert Scale was developed and validated to collect information from a sample of 50 respondents. Representing employees from the selected SBEs. the findings from the result obtained showed that small business enterprises has positive impacts on employment creations in Lagos State and the availability of infrastructural provision on small business enterprises have impacts on employment creation in Lagos State.

It was however recommended that government should encourage small business enterprises with the provisions of basic requirements, financial supports, enable environment and stability in the polity so as to minimize unemployment in Nigeria.

TABLE OF CONTENT

Title page                                                                                i

Certification                                                                         ii

Dedication                                                                              iii

Acknowledgement                                                                  iv

Abstract                                                                                  v

Table of Contents                                                                   vi

CHAPTER ONE:

INTRODUCTION

1.0       Background to the Study                                           1

1.1       Statement of the Problem                                            5

1.2       Objectives of the Study                                               6

1.3       Research questions                                                      7

1.4       Research hypotheses                                                   8

1.5       Significance of the Study                                            8

1.6       Scope and de-limitation of work                                9

1.7       Outline of chapters                                                      9

1.8       Definition of terms                                                       11

CHAPTER TWO

LITERATURE REVIEW

2.0       Introduction                                                                 12

2.1        Theoretical definitions of  Small Business Enterprises   13

2.2       Characteristics of    Small Business Enterprises     14

2.3       Financing  of Small Business Enterprises                17

2.4       Relevance of Small Business Enterprises                  20

2.5       The problem facing Small Business Enterprises      21

2.6       Roles of Small Business Enterprises                         24

2.7       Solutions of Small Business Enterprises                  25

2.8       Employment creation output and production growth    27

2.9        Small Business Enterprises as a tool for

employment creations in Lagos State                        29

CHAPTER THREE

RESEARCH METHODOLOGY

3.0       Introduction                                                                 33

3.1       Restatement of research question                              33

3.2       Restatement of research hypotheses                         34

3.3       Research Design                                                          35

3.4       Population of the study                                               35

3.5       Target population                                                        36

3.6       Sample and sampling techniques                              36

3.7       Data collection                                                             37

3.8       Research instrument                                                   38

3.9       Validity and reliability of the study                            39

3.10    Limitation of the study                                                38

3.11    Methods of data analysis                                            39

CHAPTER FOUR:

DATA PRESENTATION, ANALYSES AND INTERPRETATION

4.0       Introduction                                                                 40

4.1       Analysis   of personal data of respondents                40

4.2       Evaluation of research hypothesis                             43

4.3       Hypothesis one                                                             47

4.4       Hypothesis two

CHAPTER FIVE:

DISCUSSION OF FINDINGS, CONCLUSION AND RECOMMENDATIONS

5.0       Introduction                                                                 51

5.1       Discussion of Findings                                                51

5.2       Conclusion                                                                   53

5.3       Recommendations                                                        53

Bibliography                                                                 56

Questionnaires                                                            58

CHAPTER ONE

INTRODUCTION

1.0      BACKGROUND OF THE STUDY 

Small business enterprise plays a key role in expanding and diversifying industrial production and also contributes to such objectives as employment generation, poverty eradication, improved income distribution and fulfilling basic needs of most developing countries.

IMPACTS OF SMALL BUSINESS ENTERPRISES ON EMPLOYMENT CREATIONS IN LAGOS STATE (A study of selected SBEs in Lagos State)