THE EFFECT OF PLANNING ON THE SUCCESS OF SMALL BUSINESS ENTEPRISES IN AKWA IBOM STATE

The process of management is facilitated when decision makers of the organization chart its future professional manager, utilizing the individual; and group effort in a co-ordinate and rational manner. Planning makes it possible for things to occur which, would otherwise happen. Planning is deciding in advance what to do, how to do it, when to do it and who should do it. Planning bridge the gap from where we are to where we want to be. However, many business enterprises in Uyo and it environs have failed ultimately as they do not carryout planning. This has no doubt results in financial loss or some cases led to the winding up of many business entities. Thus, hampering to rapid development of the a private sector of our economy. These problems drew the researcher attention to write on the topic, effect of planning on the success of business enterprises. (A cast study of Ibedmore resources Limited Uyo).