THE CAUSES OF SMALL SCALE BUSINESS FAILURE IN NIGERIA.

CHAPTER ONE

1.0      INTRODUCTION

1.1   BACKGROUND OF THE STUDY

        Small scale business and their principal operator or owners constitute the real fabric at a nations of an economy developed ones.

        Small scale business helps in the industrialization of finance to be reality in the Federal government of Nigerian to established a number of Banks like Commercial Bank (NIDB), Nigerian Agricultural and Co-operative Bank (NACB), Nigerian economic Reconstruction Fund (NERFUND).

        Finally, Small Scale business helps the researcher to get the full meaning of small scale business, the sources of funds to small scale business, the failure or problem of financing small scale business in Nigeria and make suggestions and recommendations on how to eliminate these problems and other problems being related.

1.2      OBJECTIVES OF THE STUDY

The objectives of this study is to identify the various possible way’s of financing small scale business in Nigerian and to given an option.

1.3      SIGNIFICANCE OF THE STUDY

It is the study who helps to find out the various source of funds which s available in small scale business and their beneficial to Nigerian.

1.4      SCOPE AND LIMITATION OF THE STUDY

It has to with Akalaka Industry Mbaise, who finds a true representative of the state in financing f SMES in line of business in all the part in Nigerian.