PROBLEMS AND PROSPECTS OF FINANCING SMALL BUSINESS FIRMS IN NIGERIA: A STUDY OF APC LIMITED
PROBLEMS AND PROSPECTS OF FINANCING SMALL BUSINESS FIRMS IN NIGERIA: A STUDY OF APC LIMITED
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Date
1996-06
Authors
KASALI, Taofeek Aremu
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Abstract
Small Business firms play a crucial role in the economic development of a nation-state.
Financing these firms has been the major canker-worm that serves as a cog in the wheel
of progress of the Establishments. It is against this background that this study is set to
probe the remote and immediate cause of finance problems in Small and Medium Scale
Enterprises in Nigeria with a view of making useful suggestions and recommendations
that would solve the identified problems.
To do justice to this topic, Government's Policies and Programmes for the development
of SMEs were critically reviewed. In addition, an in-depth study was conducted on a
contemporary Company. Furthermore, elaborate interpretations and analyses of the
Company's financial statements were carried out with the aid of Financial Ratios and
graphical representations.
Three hypotheses were tested and it was confirmed that finance serves as the live-wire
of a business enterprise which can make or mar the progress of such establishment.
Future researchers on the topic were advised to increase the population samples.
Finally, Government's pragmatic fiscal and monetary policies were sought for adequate
finance of SMEs. It is hoped that with prudent use of available funds at SMEs, Nigerian
Government would be able to achieve its policy thrusts of self reliance and economic
development.
Description
A PROJECT SUBMITTED TO AHMADU BELLO UNIVERSITY, ZARIA
IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE
AWARD OF THE DEGREE OF MASTER OF BUSINESS
ADMINISTRATION
DEPARTMENT OF BUSINESS ADMINISTRATION.
Keywords
PROBLEMS,, PROSPECTS,, FINANCING,, SMALL,, BUSINESS FIRMS,, NIGERIA, CASE STUDY,, APC LIMITED