Impacts Of Small Business Enterprises On Employment Creations

 1.2   OBJECTIVES OF STUDY   

The major objective of this study is to determine the role played by small business enterprises in generating employment opportunities for the people of Lagos State in order to enhance the growth and development of the economy.  

1.  To examine the extent to which small business enterprises creates employment opportunities in Lagos State.

2.  To study the mechanism that assists and support small business enterprises and their contribution to employment generation.

3.  To examine how small business enterprises create employment opportunity in the manufacturing sector.

4.  To know if financial institutions encourages small business enterprises to achieve its predetermined objective.

5.  To study if infrastructural provision helps small business enterprises to grow in Lagos State.

1.3           RESEARCH QUESTIONS

1.To what extent has Small Business Enterprises create employment opportunity in Lagos State?

2.    How does Small Business Enterprises improve the standard of living of average Nigerians?      

3.     Does financial institution help Small Business Enterprises to achieve it predetermined objectives?

4.     To what extent has Small Business Enterprises help to reduce unemployment rate in Lagos State?

5.     How does infrastructural provision help small business enterprise to grow in Lagos State?

1.4   RESEARCH HYPOTHESES         

Ho:   Small Business enterprises have no positive impact on employment creations in Lagos State.

Hi:    Small Business Enterprises have positive impact on employment creations in Lagos State

Ho:   The availability of infrastructural provision on Small Business Enterprises would not have any impact on employment generation in Lagos State.  

Hi:    The availability of infrastructural provision on Small Business Enterprises would have impact on employment generation in Lagos State.  

1.5   SIGNIFICANCE OF THE STUDY   

The significance of this study is very important to individual or groups, firms, and the nation at large. The following were some of the importance of this study?

1.  The study would assist as to know how small business enterprise aid in creating employment opportunities in Lagos State.

2.  The study would assist individual, firm and the nation in planning business by revealing all aspects of the intended business.

3.  The study would also aid prospective investors to fulfill the requirements of small business establishment.   

1.6   SCOPE AND DE-LIMITATION OF WORK

The research would be limited to a few selected Small Business Enterprises in Ojo and Amuwo Odofin area of Lagos State.  

1.7   OUTLINE OF CHAPTERS  

Chapter one: Introduced us to the body of research work, in this chapter various textbooks and journals will be reviews to ascertain various thoughts on small business enterprises on employment creations in Lagos State.

Chapter Two: The means of literature review will be majorly through textbooks and journals to get a grasp of what small business enterprises is all about and how it leads to employment opportunities.

Chapter Three: research methodology is the term on how research will be carried out the primary and secondary data, research design will be adopted, and this will involves acquisition of various and relevant information concerning small business enterprises and employment creations in Lagos State.     

Chapter four: Data Analysis and interpretation is based on presentation of data, analyses and results testing of hypotheses and discussion for results. It explains how facts will be analyzed using statistical framework.

Chapter five: Summary and conclusion of main findings and recommendations will take place after completion          

1.8 DEFINITION OF TERMS  

Small Business: These are enterprises that are locally owned and managed often with very few workers. Small business enterprises have simple structure they often show attitudes and behaviours.  

Unemployment: It means a situation where able men and women have not job to do.

Economic Development: It means maturity of the quality and quantity of a goods produced in a county.

Economic Growth: It means quantitative increase in country’s input and output over a particular period of time.   

Working Capital: This means fund for acquiring and running small business