Small scale business has been the main trust of Nigeria’s development programmed over time. However, it is being widely acknowledged that rural development should be the centre piece for effective short and long run development of any nation such as Nigeria. Both the federal and state governments on one hand and general public on the other hand attest to the fact through their efforts towards the development of the countryside of Nigeria.
In realization of this and in pursuance of its attainment the federal government created the directorate for Foods, Roads, Rural Infrastructure (FRRI) to work in partnership with the rural communities towards the provision of Amenities such as rural roads, water bore holes and production of more foods. As well several states, which Anambra is one of them, have adopted rural developmental programme which is charged with the responsibility of developing and coordinating rural development activities in the state.
From the on-going, therefore, it is dear that the governments and people of the country now attach much importance to rural development. It is therefore, the need to achieve integrated rural development vis-a vis national development that prompted this study with the objective of determining the role of the establishment of small scale industries in Nigeria can play in this regard. The Enugu south business of what could be described as small scale Enugu south business started as a result of movement of people from one place or town to another. These movements are categorized in:
th
century, what used to be called inns existed in Europe. These were place where travelers called spend a night or two even more and were served food and drinks at a cost. The inns were merely remedy by inn-keepers between1750-1850, the year of industrial revolution; the business of Enugu south became a common thing all over Europe.In Nigeria, the business is selected to have started with the arrival of Europeans into the country. Before the Europeans, all travelers’ woe only catered for by their hoppetabeo nature. Travelers who come to peace mission were virtually carried for by their hosts. These Europeans or their guide had to make do with the local food which brought about some kind of exchange process. As this process continued, it dawned on the local people that food could be prepared and sold to these travelers who moved from one place to another. This was the early shape of Enugu south unfit it grew to its present standard which was made possible by the attendant development of the country by the presence of the Europeans.
Government of federal state and local levels has set agencies that are specifically changed with providing funds and other services for the small scale business people. The purpose of establishing these support agencies by government is to encourage the rapid development of small or medium scale industries in the country for government want to encourage school levels to establish their own small business or unemployment and for economic development. These support agencies are National Directorate of Employment (NDE), Funds for small scale industries (FSSI) and National Economic Reconstruction Funds (NER FUND) have their various functions. Some are established to provide loans, render advisory services, identify source of raw materials, and structure their organization which could be managerial or technical/structuring.
But inspite of all efforts being made, the performance expectation especially in the small scale Enugu south business today, these are relatively high rate of business failure, low productivity, managerial management, financial stringency, and of good human relations under capitalization etc. Small scale Enugu south still performs below expectation? What are the courses of small scale Enugu south business failure?
The study will address the following purpose:
This work covers a selected Enugu south in Enugu south. The Grand Metropolis in the Eastern part of Nigeria. I strongly believe that carefully analysis of fault obtained will enable me to make general observations regarding Enugu south business in the other cities of Nigeria. This study tries to identify areas of problem such as financial, marketing, advertising, expansion and other meaningful suggestion that will help managers in this sector to surmount them.
To solve the research problem, I have asked the following research questions.
The following hypothesis will be used in the study
O
: Most small scale Enugu south does not perform below standard.Hi: Most small scale Enugu south perform below standard.
O
: Owners of small scale Enugu south do not make good profits.Hi: Owners of small scale Enugu south make good
Profits.
Enugu South Business.
Hi: There is financial stringency in small Enugu south
Business.
South Business.
Hi: There is a good human relation in small Enugu
South Business.
Illiterate.
Hi: Most operators of small Enugu south are illiterate.
The study is very timely, especially today that the nation is striving towards better economics development and growth. This study will be of immense benefits to both the operating and potential Enugu south business because it will give a thorough insight into Enugu south operations. This is aimed at patting Enugu south in trace operative so that those concerned will get to know what the business is about. In the same vein, different categories of Enugu south customers will be put in a position where they can appreciate Enugu south business and probably adjust their irrational behaviors. The work unravels the technicians of the game to ensure success of the operation by discussing things like customers-workers relationship, marketing strategies, behavior in the restaurants.
The study should create the long required awareness in the Enugu south business. It will help the Enugu south business and also emigration the Enugu south on its potentials and how best to top them optionally and also appreciate the important role it plays in the society and national economy.
It can be seen from all indications that a research such as this cannot be carried out in one semester. There are constraints that limit the researcher.
Among these are:
Finally, the academic workload on the campus is one of the limiting factors on this research work. Despite all these constraints, the researcher is able to carryout a fair and effective study on this topic.
Enugu south means a place or building where foods and drinks are served. Bedrooms are provided for accommodation, there are other facilities provided, such as Cosmo, swimming pool, playing grounds like femiscourt, and others. There are other pub house such as guest house, inn, resort and hotel.
According to Kotler Lawrence (1973), small scale industry is any industry which is in dependently owned and operated and not dominant in its area of operation. Drucker, P.F. (1974), maintains that there is only one criteria which with a fair degree of reliability, indicates whether a business is small, fair sized or big. He says that “a small business requires at most one man who is not engaged in any other functional work required. The man at top knows who the few people are in the organization in whom responsibility for key results without having to consult his records or associates. Drucker summed it up by asserting that regardless of titles and position, it can hardly exceed twelve to fifteen men which is about the number one man can really know and can really be familiar with.
The committee for Economic Development (C.E.D) of the united state has given a valuable list of characteristics of the small business which states that a small business will have at least two of the following characteristics:
According to Small Business Administration (SBA), U.S Federal Government agency established in 1953 to advice, assist and protect small business, definition of small scale business is not rigidly fixed, but can be relaxed to exceptional cases so far as the particular firm is not dominant.