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- The impact of small scale business in Nigeria economic are much to the extend that a word can not describe it no matter how you want to classify it.
- The impact has created a lot of business to nigeria system, for instance, MTN Nigeria has contributed and invested much into the economy.
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What are the concept of small scale business in Nigeria?
please answer the question
How does economics affect business?
Economic development can mean something different among a variety of crowds and communities. On a broad scale,
Disadvantages of small scale retail trade in Nigeria?
Small scale retail trade in Nigeria has been responsible for the lack of large scale investment which can lead to export promotion. In small scale retail, most people settle for imports and the sales of items similar to other global competitors.
Why is the Marginal cost curve U shaped?
because sophie went to Nigeria
Accounting practice on small scale businesses in nigeria?
The generally accepted accounting practice (GAAP) is followed. However when the business is too small, they practice cost accounting system or maintain rough accounts by themselves.
The impact of micro-finance banks on the development of small scale business in Nigeria?
check your answer
Important of smoll scale business in nigeria?
Examples of the small scale business in Nigeria includes the fresh fruit business, the food supply business, the retail shop business, and the carpet cleaning business. The other important small scale business in Nigeria includes web designing and forex trading.
Sources of finance for small scale business in nigeria?
sources of finance to small scale business
Definition of small scale business in nigeria?
A small scale business in Nigeria is one that doesn't do as much business as a market leader. Typically, these businesses are locally owned businesses.
What are the concept of small scale business in Nigeria?
please answer the question
What is the most lucrative small scale business in Nigeria?
they varies
50 lucrative small scale business in nigeria?
running a school pure water business bakery tissue factory bottling industry
What are financial regulation affecting small scale business in Nigeria?
Lack of stable light, lack of support from the government
Problems and prospects of small scale industries in nigeria?
The problems of small scale industries in Nigeria include corruption, insecurity and poor infrastructure. The prospects on the other hand include engaging foreign traders in business so as to grow the economy.
Causes of failure of small scale business organisation in nigeria?
lack of personal development lack of passion lack of continous training
What are the sources of financing small scale business in nigeria?
Source of finance for small scale business can be raise through 1. From family. 2. From friends 3. From cooperatives society 4. Loans from the bank... Nigeria has introduced some sectoral policies to strengthen the growth of SMEs in Nigeria. Some of the policies active there are Concessionary financing, Small and Medium Industries Equity Investments Scheme(SMIEIS) to encourage the growth of small and medium scale industries. In Nigeria, the National Council of Industry, under the Federal Ministry of Industries, periodically revises the classification of SMEs. Other institutions, such as the Central Bank of Nigeria and the Nigerian Association of Small Scale Industries(NASSI) promote the growth of small industries.
How can I start and manage a small scale business in Nigeria?
You have to develop entrepreneurship spirit first. the invest in books and skills then you can get to any point of success.
