Small business enterprises are important to the economic growth of Nigeria because small businesses make up 97% of the economy and contribute 70% of the country’s job opportunities. Notwithstanding the importance of small businesses in the Nigerian economy, 80% fail within the first five...

Purpose- The purpose of the paper is to provide owners and managers of small businesses with necessary information about the challenges facing small businesses in Nigeria and present the possible tools, policies, and strategies to mitigate them.Design/Methodology- Using the multi-case...

Small businesses are recognized worldwide as a catalyst of socioeconomic development. Like all developed and developing countries, due to the economic importance of SMEs, the federal government of Nigeria is developing policies and strategies to diversify its economy from total dependence on...

Objective: Critical success factors models for SMEs provide information to SMEs that were utilized to develop policies and strategies for best business practices that will mitigate failures. The objective was to review SME articles and books to identify CSFs influencing their success.Design: The...

The study is deduced from a Ph.D. thesis investigating the critical success factors influencing SMEs in Jigawa State, Nigeria. Over twenty-one, critical success factors were identified in the literature review as influencing the success of SMEs across many locations and industries, and seven...

The study investigated how the financial institution financing played a role in the growth of small businesses in Nigeria. Researchers found family and personal savings as the the main source of funding for small businesses in Nigeria which makes it difficult for owners to secure long-term...

Purpose- There is a need to develop a framework that will improve the understanding of business planning and performance and its effects on growth, particularly during the stages of small business development. The study attempted to fill in the gap stated.Design - The single case qualitative...

This study examines the nexus between liquidity and credit risks and their impact on bank stability in Nigeria. In order to achieve the research objectives, this study utilizes secondary data, which covers 12 Nigerian banks from 2010 to 2021. The Generalized Method of Moment (GMM) was estimated...

Nigeria's federal government, after the oil boom of the 1970s, created policies, including the SMEDAN initiative, to trigger socio-economic development through entrepreneurship and small business development. Notwithstanding the importance of SMEs' socio-economic development and the Nigerian...

There is a dark side to the psychological contract that exists between employers and employees. This dark side is demonstrated by how corporations use a positive reputation to close their job openings when the companies’ leadership and management already know the organization functions with a...