different types of small business different types of small business Legal Status The simplest legal forms for small businesses are sole proprietorships and partnerships. Neither is required to be registered with the state and taxes are managed on the owner’s or partners’ personal tax forms. These forms are best when there is little capital property or likelihood of being sued. A corporation is the opposite end of the spectrum‚ requiring registration with state and local authorities‚ separate
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Financing small scale business enterprises CHAPTER ONE 1.0 INTRODUCTION 1.1 BACK GROUND OF THE STUDY Over the years‚ it has become fashionable for successive government to come up with one economic policy or the other in a bid to bring about improvement in the nation during her regime. The then military administrator in the year 1986 while in power introduced an economic program called Structural Adjustment Programme (SAP) which was foisted on Nigerians as an alternative to IMF/World
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Problems faced by Walmart and the steps to overcome those problems Question: What Are The Problems That Walmart Has Faced And What Has The Company Done To Address Them? Solution This essay discusses the recent problems faced by Walmart and the steps taken to overcome these problems. Problem faced by Walmart Walmart is a well known American market leader in the renewable energy sector. But the company has to face a lot of challenges from various parties who criticized Wal-Mart in various
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PROJECT TOPIC : SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT IN NIGERIA (A Case Study of Cassava Processing Industry) PROJECT PROPOSAL BACKGROUND TO THE STUDY Interest in the development of small and medium-sized enterprises (SMEs) and their contribution in the development process continue to be in the forefront of policy debates in developing countries. The advantages claimed for SMEs are various‚ including: the encouragement of entrepreneurship; the greater likelihood that SMEs will utilise
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SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA: THE PROBLEMS AND PROSPECTS. By Abiodun Fatai1 Department of Political Science‚ Faculty of Social Sciences Lagos State University‚ Ojo‚ Lagos Nigeria. ABSTRACT Small and medium scale enterprises have long believed to be catalysts for economic growth and national development both in developed and developing countries. In Nigeria where private sector is not well developed SME is assumed to play the role of employment generation‚ facilitator of economic
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SMALL SCALE BUSINESS MANAGEMENT This programme comprises modules for learners who intend to start small businesses‚ or are already running some. They may choose those modules that are of interest to them‚ or do the entire programme. The courses enable learners to run businesses successfully and be able to source funds from financial institutions. Programme components There are a total of 10 modules‚ each divided into two topics. Learners who are interested in doing the entire programme leading
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Social Networking for Small Businesses Cortez (2011) notes “Marketing and advertising is the key to any small business success. This began with direct selling‚ evolved into advertisements with flyers‚ posters‚ then emails‚ websites‚ and now electronic ads on social networking sites. Targeting the appropriate customers is the best way to anticipate and meet the needs of those customers.” According to Dodds (2012‚ p.1) “Social media – blogs‚ Twitter‚ Facebook‚ LinkedIn‚ YouTube‚ and the like – are
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Chapter – VIII GLOBALISATION AND INDIAN SMALL SCALE INDUSTRIAL SECTOR Globalisation means gradual integration of economies through free movement of goods‚ services and capital which has significant impact on the economies of both developed and developing countries. Therefore‚ globalisation refers to a process of growing economic interdependence among different countries of the world. Thus‚ in the globalised era‚ the whole world is changing into a global village in the sense that economic activities
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PROBLEMS FACED BY PAKISTAN‚RECOMMENDATION FOR ITS SOLUTION INTRODUCTION: In the context of Pakistan‚ owing to the fact that it is a developing nation‚ there is no wonder that it is engulfed with a number of social and economical problems. The real issue is not the presence of these problems in society because‚ there is no concept of an ideal society in the world. Every country in the world has its own set of socio-economic problems. The main issue is the extent and intensity of the socio-economic
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SMALL SCALE TEXTILE INDUSTRY ABSTRACT India is the world’s second largest producer of textiles and garments after China. It is the world’s third largest producer of cotton—after China and the USA—and the second largest cotton consumer after China. The Indian textile industry is as diverse and complex as country itself and it combines with equal equanimity this immense diversity into a cohesive whole. The fundamental strength of this industry flows from its strong production base of wide range
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