TECHNIQUES FOR ASSESSING THE DURABILITY OF SMALL SCALE BUSINESS OPPORTUNITIES

INTRODUCTION Probably amongst the most crucial decision facing management today are those concerned with capital investment. Typical of these decisions are those related to expansion through adding of new product lines, factory extension for extension in new sales entries. The significance of a decision of this nature is obvious since based on the decision made, the firm will find itself, committed to a pattern of activity and expenditure that will continue for some time into the future due to huge capital outlay involved.
Uncertainty with respect to the future is considered in any investments decision but the further into the future its efforts are projected, the greater the degree of that uncertainty. Management appraisal involves the generations of investment proposals, the estimate of cash flow for the proposal, the evaluation of cash flow, the selection of project based upon an acceptance criteria and the continuance re-evaluation of investment project after their acceptance (Home et al 1983).
TABLE OF CONTENTS Title Page  Dedication  Approval Page  Dedication  Acknowledgement  
Chapter One 1.0Introduction: Background of the Essay  1.1Background of the Essay 1.2Objective of the Essay 1.3Scope of the Essay 1.4Limitations of the Essay  Chapter Two 2.0Literature Review 2.1Meanings of Investment Appraisal 2.2Methods of Investment Appraisal 2.3Meaning of Small Business 2.4Types of Small Business Concern 2.5Small Business Concepts in Nigeria 2.6The Importance of Investment Appraisal by Small Business Concern in Nigeria Chapter Three 3.0Summary, Conclusion and Recommendations 3.1Introduction 3.2Summary 3.3Conclusion 3.4Recommendations References