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The role of capital in the growth of small business in Nigeria - case study of selected manufacturing firms in Owerri, Imo state

 Department: Banking and Finance  
 By: usericon bobyuzee  

 Project ID: 6020
   Rating:  (5.0) votes: 1
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   Price:₦2000
Abstract
This research work examined the role of capital in the growth of small businesses in Nigeria with reference to the selected firms in Owerri, Imo state. Four research questions were formulated for the study. Two sources of data were used to gather information and the instrument for data is made of a structured questionnaire and percentage methods were used to analyze the data collected. The researcher reviewed the related literature on the role of capital in the growth of small scale businesses. From the analysis of data collected by the researcher, it was discovered that high interest loan, mismanagement of capital, and unreliable of source of capital were the problems militating against small scale businesses. This study also revealed the importance of small scale businesses in developing economies. Based on the findings, some recommendations were made; one of the recommendations is that small business owner should learn about capital management so as to avoid mismanagement and lack of capital. ...
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