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Problems Encountered By Managers In Setting Up A Small Scale Hospitality Business
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Small scale business is the hub and foundation of industrialization and development. this research is centered on the problems encountered by managers in setting up small scale hospitality business in Nigeria, as hospitality industry in recent time has contributed immensely to national economic development.
The result is aimed at identifying the problems militating or hindering the smooth operation of small scale hospitality business such as restaurant especially in Enugu state.
Data were collected from both primary and secondary sources which include oral interview, questionnaire and textbooks. This work identified such problems hindering the smooth operation of small scale industry as lack of adequate finance, lack of technical know-how, competition of small and large scale businesses and poor managerial ability.
In a bid to help the industry strive and grow, government has taken some measures to boost the activities of small scale businesses including hospitality industries. This measures includes policies that aimed at encouraging small scale business, incentives in the form of loan without interest and other grants, providing financing through its agencies such as (FUSSI) Fund for Small Scale Industries.
More government intervention is solicited to enable the small scale business grow amidst severe competition from medium and large scale businesses.
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CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONEINTRODUCTION1.1 BACKGROUND OF THE STUDYThere
exist lots and lots of business ventures that are being engaged by
individuals, group of people or association, firms, industries and
government with the main aim of maximizing profits. They range from
small scale to medium and large scale. In the Nigerian economy, the
small scale enterprises are the most common form of business. The aim of
any economy (either industrialized or non industrialized) depends
largely on how well o ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONEINTRODUCTION1.1 BACKGROUND OF THE STUDYThere
exist lots and lots of business ventures that are being engaged by
individuals, group of people or association, firms, industries and
government with the main aim of maximizing profits. They range from
small scale to medium and large scale. In the Nigerian economy, the
small scale enterprises are the most common form of business. The aim of
any economy (either industrialized or non industrialized) depends
largely on how well o ... Continue reading---
ABSRACT -- [Total Page(s) 1]
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ABSRACT -- [Total Page(s) 1]
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