TECHNIQUES FOR ASSESSING DURABILITY OF SMALL SCALE BUSINESS OPPORTUNITIES IN NIGERIA


TECHNIQUES FOR ASSESSING DURABILITY OF SMALL SCALE BUSINESS OPPORTUNITIES IN NIGERIA    

TABLE OF CONTENTS

Title Page i

Dedication ii

Approval Page iii

Dedication iv

Acknowledgement v

Table of Contents vi

Chapter One

1.0 Introduction: Background of the Essay 1

1.1Background of the Essay

1.2Objective of the Essay

1.3Scope of the Essay

1.4Limitations of the Essay

Chapter Two

2.0Literature Review

2.1Meanings of Investment Appraisal

2.2Methods of Investment Appraisal

2.3Meaning of Small Business

2.4Types of Small Business Concern

2.5Small Business Concepts in Nigeria

2.6The Importance of Investment Appraisal by Small Business Concern in Nigeria

Chapter Three

3.0Summary, Conclusion and Recommendations

3.1Introduction

3.2Summary

3.3Conclusion

3.4 Recommendations

Chapter Four

4.0 Data Analysis

4.1 Presentation of data

Chapter Five

5.0 Summary

5.1 Conclusion

5.2 Recommendations

References

CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

Probably amongst the most crucial decision facing management today are those concerned with capital investment. Typical of these decisions are those related to expansion through adding of new product lines, factory extension for extension in new sales entries. The significance of a decision of this nature is obvious since based on the decision made, the firm will find itself, committed to a pattern of activity and expenditure that will continue for some time into the future due to huge capital outlay involved.

Uncertainty with respect to the future is considered in any investments decision but the further into the future its efforts are projected, the greater the degree of that uncertainty.

Management appraisal involves the generations of investment proposals, the estimate of cash flow for the proposal, the evaluation of cash flow, the selection of project based upon an acceptance criteria and the continuance re-evaluation of investment project after their acceptance (Home et al 1983).

How high a proposal must go before it is finally approve depends upon how large the capital outlay is the greater the capital outlay, the greater the number of evaluations that may be the required. The object of any system of project evaluation is to be able to compare the profitability of a series of funds usage. Each project will require the use of volume of the firms fund for varying periods and will also provide for the returns of those funds together with an element of profit. The appraisal system should be able to take both of these factors and by comparing them, calculate a comparable rate of return.

This will enable investment projects to be measured against two criteria.

1. To ensure that only those projects that give the highest rate of return are selected.

2. To ensure that investments are not made in projects that will give a rate of return less than the cost of capital employed in the business.

It is in this regard that this essay seeks to analyze the role of investment appraisal of small business in Nigeria. This essay will also seek to evaluate and carryout an investment appraisal of small business in Nigeria.

1.2 Statement of the Problem

1.3 Objectives of the Study

1. To investigatethe investment appraisal of small scale businesses in Nigeria.

2. To determine the nature or outlook of investment appraisal of small businesses in Nigeria.

3. To know how investment appraisal of small businesses in Nigeria is of benefit to both prospective investors and the country in general.

1.4 Research Questions

1. Is investment appraisal beneficial to small businesses in Nigeria?

1.5 Research Hypotheses

Ho: Investment appraisal is not beneficial to small businesses in Nigeria.

Hi: Investment appraisal is beneficial to small businesses in Nigeria.

1.6 Significance of the study

This essay work will be beneficial to the government because efficiency in small business operation will be achieved with high profit thereby entailing more income available for taxation.

Small business operation will enjoy the advantages of new accurate determination of the state of affairs of their organizations. The research work will broaden the idea and knowledge of the entire developing countries of the usefulness by examining impartial views about the methods and making generation based upon through view of all relevant issues thereby clearing point of doubts earlier conceived.Besides, the researcher hopes that the answers obtained will add an insight to the problems of investment appraising of small scale business in the country and will also serve as a good stepping stone for subsequent researchers in this field of study.

1.7 Scope of the study

This study focuses on the techniques for assessing the durability of small scale business opportunities.Tanterlizer in Uyo is used as the case study for this research.

1.8 Limitations of the study

The subject of investment appraisal of small business has not yet enjoy tremendous boost in this country. It is on this premises that we lack books for our literature review and what is more, the few ones we got are written by foreign authors whose tax system differs from that of our economy. Also the lack of time is one of the limitation factors.

1.9 Definition of terms

Business:A person's regular occupation, profession, or trade.

Small Scale Entrepreneur: is abusiness that employs a small number of workers and does not have a high volume of sales.

.

TECHNIQUES FOR ASSESSING DURABILITY OF SMALL SCALE BUSINESS OPPORTUNITIES IN NIGERIA


TYPE IN YOUR TOPIC AND CLICK SEARCH.







RESEARCHWAP.ORG

Researchwap.org is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.org guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.

  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.

  • "Researchwap.org is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.org" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.

  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.

  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.

  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .

  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University

  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.

  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.

  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.

  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.

  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .

  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna

  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.