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what are the problems of setting up small scale business what are the problems of setting up small scale business

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Q: What are the problems of setting up small scale business?
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What is small scale business?

Small-scale business is a privately-owned enterprise or franchise.


Sources of finance for small scale business in nigeria?

sources of finance to small scale business


Problems and prospects of small scale industries in nigeria?

The problems of small scale industries in Nigeria include corruption, insecurity and poor infrastructure. The prospects on the other hand include engaging foreign traders in business so as to grow the economy.


Medium scale industry definition?

When a business starts out small and grows steadily by setting aside money for needed equipment, buildings, and additional employees, it eventually grows too large to be called a small business, but hasn't yet grown enough to be called a large business. This type of business is called a medium scale business or industry.


List of small scale business?

The list of the small scale business includes the cyber cafe business, recharge card business, real estate business, and the fast foods business. The other types of small scale business includes food supply and bag printing business.


What is the definiation of small scale business?

The definition of small scale business is a small business enterprise that employs a low number of workers. It usually does not have high volume of sales.


What is main goal of a large scale business?

Humor: The goal is not to become a small scale business.


What type of business can you do in Lagos?

small scale importation business


What are the problems of small scale business?

Insufficient capital,lack of technical know how,illiteracy and a whole lot of them.


What are the peculiar problems of small business enterprise?

Capital is one of the major problems of small business enterprise.


What are the problem and prospect of small scale industries in Nigeria?

1. lack of certified public accountant who helps tremendiously in keeping accounting records. 2. unorganised system of accounting 3. insufficient account recording books 4. Auditing round the computer


What is the procedure for starting a small scale industry?

Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?