Role Of Small Scale Business In Creating Employment

INTRODUCTION
1.1 BACK GROUND OF TKE STUDY
The role of small-scale business in cresting employment in most
states such as Imo, State has come out as a result of Special
interest and efforts of administrations, entrepreneurs and scholars concerned with the overall creating of employment of the
state, small scale business are considered as one of the forces in creating ownership and entrepreneurs skills.
Though there is no generally accepted definition of small scale business is usually based on the qualitative quantitative variable. The most commonly used Quantitative element in defining small scale business in the number of employees of the firm. Other critical used are relative size, initial capital management style and the type of business in Imo state. The 1981 industrial policy defined small scale enterprises as organization whose investment total is between 42 million and N5 million according to land but including
working capital.
Also for the purpose of a recent small scale enterprise as those with of Nigeria defined small and medium scale enterprise as those with tc1al assets of N1 million (maximum) excluding land and working capital. However, this has been criticized widely as one being representatives of the real small-scale enterprise position in Imo State. The introduction of structural adjustment program (SAP) by Babamgida” administration in 1986 was a spur to the development of small scale business in Imo State to the development of technological embossment it served as an essential tool to innovation.
Small-scale enterprise serve as a major source of employment. This impact has been creating employment in this state.
The presence of small-scale business has provided forum for the training of enterprises in several areas of the economy small scale business/enterprises are a major source of domestic capital formation through their mobilization of private and channeling of such into productive investment.
Marilyn (1981) has righty argued that the characteristics of small-scale enterprises devoted well with the social economic objectives f many of the countries. He said that small sale business are labour intensive employment operating capital saving and capable of operating on a decentralized basis in Imo State.
In Imo State today the role of small scale business has not been fully felt because of some constraints inherent in the system. Therefore the researcher feels the government should play vital role by promoting good governance.
Effective marketing of the products of small-scale business and creating enabling environment for these small-scale business to operates by proving required infrastructure.
1.2 STATEMENT OF THE PROBLEM
The problem of this study is to find out if small-scale business make any significant. Contributions in creating employment in Imo State, Owerri North Local Government Area. Imo state small- scale business are faced with a lot of constraints. Which include capital shortage infrastructural problems, technological background, organizational constraints and employment synd rome.
For small-scale business to assist in creating employment, the above problem must be solved.
1.3 OBJECTIVE OF THE STUDY

This study has become necessary because of the belief that small-scale business have potentials for accelerating the pace of creating employment in Imo State. In this work therefore, the researcher intends to examine the following researcher object.
i. To determine the role of small-scale business in Imo State with a particular reference of Owerri North Local Government Area.
ii. To examine if the establishment of these business will be an appropriate strategy for accelerating employment in the area of study.
iii. To discover possible ways of tackling the problems facing small-scale business.

1.4 RESEARCH QUESTION
The questions the researcher intends to ask are:
To what extent does the small-scale business in Owerri North Local Government Area plays its role in creating employment.
ii. What strategy does small-scale business should us in creating employment in the area of understudy?
iii. What are the possible ways of tackling the problems facing small-scale business?

1.5 SIGNIFICANCE OF THE STUDY
The role of small-scale business has not been fully felt. This study will go a long way in creating awareness of these roles played by small-scale to embark on small-scale business. This will invariably increase the benefit of creating employment. This study will reveal the problems of small-scale business and possible solution to these problems. It will assist further researchers who would carry out research on this topic.

1.6 SCOPE AND LIMITATIONS OF THE STUDY
Like any other scientific investigation, this research work has been done with several experimental limitations such as listed below.
i. The time limit at the researcher disposal has been too short considering the detailed and challenging nature of the work.
ii. The inability of some respondents to answer relevant question may be as result of fear or victimization by the authority was a big constraint.
1.7 DEFINITION OF TERMS
i. Small-Scale Business: according to the national council on industry (NCI) defined it as industry whose cost of fixed assets including working capital but excluding and is greater than N1.000 000 million but not greater than N4.0 million with a about size between 11-35 workers.
ii. Structural Adjustment Programmes (SAP): this was a programme formulated by the government to re-adjust the lining standard of populace. This has to do with the ability to cope in time of hardship.
iii. Survival: this means the state of continuing to exits or line, in spite of difficult or danger.
iv. Entrepreneurs: these an organization who utilized the available resources at his disposal in carrying out a business establishment.