Are small businesses common in your country?

[TOZZIBLINKZ]

Africa according to research and feasibility study is considered to be the home of small-scale business , and that is because the chances of getting a white collar job in some African countries for example Nigeria is so much low and so in order to cater for your needs and wants the best way or alternative you can come to is to establish a business possibly in small-scale and grow it from there . In my country Nigeria , there are small-scale businesses everywhere and according to research and studies in Nigeria is considered to be one of the countries in Africa ranging the margin of more than 4 billion small-scale businesses . Small-scale businesses are most established compared to large scale businesses and that is because not a whole number of people in Nigeria have sufficient and adequate capital to finance a large-scale business and so because of this they are only opportunity is to establish the business in small-scale and possibly grow it from there .

The kind of small businesses that you can come only see in Nigeria include a provision or grocery store , a fashion store , POS shop , petty restaurant business , fruit selling business etc . This business categories above only a few not all of the small-scale businesses that you can come across almost everywhere and every major Street or road in Nigeria .

 

[CALVINDOL]

I totally agree to your research that's Nigeria is considered to be one of the home of small-scale businesses and that is true because you getting a white collar job over here is kind of low and so the only means that people can cater for their needs and wants his by establishing a small-scale business and possibly move it on from the spot . Establishing a business here is indeed a good idea but one of the common things about establishing a business is Nigeria is that people do it wrongly by establishing their business in the wrong environment and on the wrong foundation .

To be successful at your business establishment you must put into proper consideration their environments in which the business would be situated because the environment totally affect the business at large . The crime rate of the environment should be very low and also the environment must be filled with people ready to patronize the business organisation . Business organisations is best established when they are initially analysed during establishment stage .