期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
印刷版ISSN:2284-8576
电子版ISSN:2247-8582
出版年度:2014
期号:4
语种:English
出版社:Petroleum-Gas University of Ploiesti
摘要:An extant review of literature revealed that there is more closure of small businesses in Nigeria than their birth,and very little empirical research have been done,up to date,to reveal the actual causes of this phenomenon In an attempt to fill the gap in the literature,therefore,this exploratory study investigates the characteristics and challenges of small businesses in Nigeria.This is done through an in-depth interview of 152 small businesses in Nigeria,and the data set comprised of responses from these business owners.The findings show that small businesses in Nigeria are characterised by the unemployed citizenry who opt for small business as last hope.Another finding reveals the five major challenges confronting small businesses in Nigeria and the study thus suggests recommendations for running successful small businesses in Nigeria.