STRATEGIES FOR IMPROVING SMALL SCALE ENTERPRISES

STRATEGIES FOR IMPROVING SMALL SCALE ENTERPRISES

ABSTRACT

The study is aimed at the reappraising on the strategies for improving small scale enterprises. The study would help to identify some of the strategies for improving small scale enterprise. It will also help the future investors to be aware of the strategies to be encountered. However, the research question are based on the strategies for improving small scale enterprise, the roles of the government to play in improving small scale enterprises such as providing of basic infrastructural facilities, providing of adequate providing of adequate capital or finance.  During the research necessary data was collected through the use of questionnaire and was analysed making use of tabulation method and simple percentage. During the course of the project the survey research method was the research method used. Moreover, the pilot survey was used for the sample size while simple random are used for the sampling technique i.e. thirty five out of forty of the staff were randomly selected. Also effort were made by the Researchers to collect the needed data and accurate information through the use of both primary and secondary sources of data. The data collected was analysed, interpreted and presented using tabulation method and simple percentage. Furthermore the researchers found out that lack of fund, inadequate planning, incompetence of management, poor competitive position are the problems facing small scale enterprises. Also they found out that the government, individual and other organization over the environment have a great role to play in the management of small scale establishment in our country. Finally the researchers recommended that appropriate credit guarantee schemes should be established and the support from credit bureau developed. They also recommended that Development of Infrastructure by the government should be provided to support small scale enterprises.