PROBLEMS AND PROSPECTS OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA (A CASE STUDY OF ENUGU EAST SENATORIAL ZONE)

ABSTRACT The main purpose of this study is to identify the problems and prospects of small and medium enterprise in Enugu East Senatorial Zone. To do this, data were collected from both primary and secondary sources. The main instrument of data collection was the questionnaire. The data were presented in tables as frequency, distribution in the data analysis, the techniques of percentages frequencies were used. The hypothesis were tested with z-test technique at 5% significance level.  Having analysed the data the following were the major findings; Most of the operators of small and medium enterprise in Enugu East Senatorial Zone make an average daily turnover of N15,000 and profit of about N15,000  daily. There has been a phenomenal growth in the dimensions and nature of small and medium enterprise in Enugu East Senatorial Zone. The growth is mainly on account of people’s desire to be self employed.  The problems of establishing and managing small and medium enterprise include lack of capital, lack of managerial skills, lack of business ideas, high cost of operational facilities, scarcity of accommodation, lack of efficient preservation, system and poor environmental and sanitation. 
TABLE OF CONTENTS  Approval Page          Dedication          Acknowledgement          Abstract    Table of Contents 
CHAPTER ONE  1.1 Background of Study         1.2 Statement of the problem       1.3 Objective of the Study        1.4 Hypothesis         
CHAPTER TWO  2.0 Literature Review         2.1 Conceptual Framework       2.2 Theoretical Literature        2.2.1 Types of Small and Medium Enterprise     2.2.2 Roles of Small and Medium Enterprise in Enugu State Metropolis in Job Creation and Poverty Eradication  2.2.3 Importance of Small and Medium Enterprise in Nigeria 2.2.4 Problems of Small and Medium Enterprise Enugu East  2.2.5  Prospect of Small and Medium Enterprise Enugu East Senatorial Zone  2.2.6 Challenges in Facing Small and Medium Enterprise in Enugu East Senatorial Zone        2.2.7 Small and Medium Enterprise Credit Scheme: Case Study Of Enugu East Senatorial Zone       2.3 Empirical Framework         2.3.1 Ways of Encouraging Small and Medium Enterprise to Enhance National Development in Enugu East Senatorial Zone            2.3.2 Government Refund on Small and Medium Scale and Means of Administration    2.3.3 Limitation of the Study          CHAPTER THREE  Research Methodology         3.1 Research Design        3.2 Area of Study         3.3 Source of Data          3.4 Sample Size Determination and Sampling Techniques   3.5 Instrument        3.6 Data Collection Procedure      3.7 Method of Data Analysis     
CHAPTER FOUR  Data Presentation of Analysis        4.1 Analysis and Interpretation of Data      4.2 Test Hypothesis           CHAPTER FIVE  Summary, Recommendation and Conclusion     5.1 Summary of Findings        5.2 Conclusion          5.3 Recommendation         Bibliography          Questionnaire          
LIST OF TABLES Table 4.1 Administration of Questionnaire           Table 4.2 Distribution of Respondents           Table 4.3 Age Distribution of Respondents       Table 4.4 Marital Distribution of Respondents   Table 4.5 Educational Qualification of Respondents Table 4.6 Number of Years in the Business          Table 4.7 What Extent Does Enugu East Senatorial Zone Affect the Operation of Small and Medium Enterprise     Table 4.8    Factor Responsible or phenomenal growth of Small and Medium Enterprise  Table 4.9 Responses of Consumers Feelings         Table 4.10 Nature of Competition             Table 4.11  Problems of Setting up Small and Medium Enterprise   Table 4.12 Problems of Managing Small and Medium Enterprise     Table 4.13 Future prospects of Small and Medium Enterprise      Table 4.14  Distribution of Daily Turnover