An analysis into the causes of failure of small scale business organisation in enugu

Thesis Overview

<p> </p><p><strong>1.0 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</strong><strong>INTRODUCTION</strong></p><p><strong>1.1 &nbsp; &nbsp; BACKGROUND OF THE STUDY</strong></p><p>The problems of small business failure is as old as the history of business itself a large &nbsp;number if business which started with so much optimism and promise have failed.</p><p>The problms that confront business in its own right could contribute a great threat to the survival of he business. It is better to indicate here that the survival of business if any person managed economy to a great extent depends on sometimes sheer luck rather on managerial and technical capability as would have seen the case.</p><p>Business failure if like sickness such as malaria it always do not come without symptoms. &nbsp;The Main symptoms of immediate business collapse according to Ifedi (1986) are detoriating capital, decrease in sales, decline profit and high debt ratio. &nbsp;Once these factors are noticed in business, the entrepreneur should know that he business is at its collapse. A large number of &nbsp;business have failure in Enugu state. &nbsp;The problem of business &nbsp;failure is now a great concern to managers, entrepreneur customers and workers, an each can play an important role in minimizing it.</p> <br><p></p>