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Consultancy Service For Small Scale Business
[A CASE STUDY OF EZAD NIG LTD ALGBADO LAGOS]
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1.3 SCOPE OF THE STUDY
The research highlights the needs for having consultancy services in the establishment and running of small scale business. The study attempts at highlighting why the services of the consultancy firms are needed by the owners of small scale business clients.
It is also goes further to discuss at length how various small scale business having benefit from the services rendered to them by various consultancy firm especially the case study under discussion. Also in the context of this study are various approaches adopted by the consultant firms to provide up to date services for their client.
It is also within the scope of the study to explain how the services renderd to small scale business by the various consultant firms contributor to the fact development of the economy of this great country (Nigeria).
It could however be said that the scope of the study is rich indeed as the readers of this work will find it beneficial now and in the nearest future.
In the light of the above I have consulted a group number of books, journals, and magazines, I also conducted interview with very few workers of Ezad Nigeria limited and a staff of a recognized consultant firm.
1.4 LIMITATION/ PROBLEMS OF THE STUDY
The scope of this study is limited to the context of 1.3 above because of the persistent problem of finance. The researcher traveled to more states to gather more information from journals textbooks magazines or meeting a host of other consultants.
As you all know that those I had my interviews with are professionals, who are always busy, so the interview I had with them on their job was very brief. Apart from this, the researcher also have all the notes and textbooks collected from all my lecturers and even going to the extent of discussing the topic with all the student who are versed in it.
But because of limited time it is very difficult for me to do that. And this is due to my tight schedules in and outside the school.
1.5 ORGANIZATION/ PLAN OF THE STUDY
The organization of the study will be highlighted on why smaller enterprises need help. If the need of any specific group of small business is investigated, we find out that they do not always need what they believe they really need. Never the less, this research will help us to know what small business enterprises really need
The organization of the study will also be extended to the reason why small management should be improved. Among the reasons are (1) there are very large number of them, (2) they are widely spread or scattered all around (3) most of them are not educated. Then we are also going to know the types of training methods to be used like radio, books, and classroom instruction etc.
The research will also help us to recognize the persons that are in the best position to provide service to small business.
1.6 HISTORICAL BACKGROUND OF THE CASE STUDY
As the economy of Nigeria is becoming a fast developing one, there is the need for every businessman and woman to take advantage of the internal opportunities opened to them. During the 1980s, there was a very high demand for some items like snacks, and other fast food in some part of the country especially in the big cities where a vast majority of the citizen are either civil servant or self employed businessman and women. This demand arose because, majority of people find it extremely difficult to wake up in the morning and cook before finding their way to their working places.
In the light of the above, many business man and woman went into business like banking, ice cream making and similar product on the 26th day of September 1989, a business man in person of Elegbede Zacheus, commenced a business in banking cheeps, frying doughnuts etc and made his enterprise Ezad foods, with time there was a significant expansion in his business and this called for diversification. Mr. Elegbede Zacheus got the service of a consultancy firm.
He was helped to see the need for diversifying his business and he was also helped to see benefit of taking a particular business prescribed to him. After the consultation, he saw the need to enter into the soap making business and this dream was realized in July 1992 and Ezad soap came into being.
Today the business is really experience what can be described as economic boom. It has also been successful in spite of the economic instability the country is facing as a whole.
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