Published 2024-01-01
Keywords
- Entrepreneurship, Small scale enterprises, Economy, Business, Nigeria.
Abstract
The study examines entrepreneurship and small scale enterprises in Nigeria: Content analysis approach. It is observed that entrepreneurship and small scale enterprises are the major vehicle of national development today. The researchers used secondary sources of data such as journals, government documents, text books, internet etc., and subsequently analysed issues therein via the use of content analysis. Thus, this paper found out that with the current economic crunch, entrepreneurs and small scale business men are counting losses in terms of income. Most of the businesses are experiencing low sales. Hence, majority of the businesses are experiencing decline in income, while only few are having increase in income. However, the study recommends among others that government should be cautious of economic crunch to avoid a total collapse of the economy. The paper concludes by asserting that any economy of the world can develop to its extent if it has a good place for entrepreneurship and small scale enterprises.