THE RELATIONSHIP BETWEEN COST OF BUSINESS AND PROFITABILITY OF SMALL AND MEDIUM SCALE ENTERPRISES IN BADE LOCAL GOVERNMENT AREA, YOBE STATE
Abstract
The success and profitability of these small businesses are influenced by various factors, with one of the critical elements being business cost management. Efficient management of costs is crucial for the survival and growth of small enterprises. To assess the various types of business costs incurred by small enterprises in Bade LGA. To examine the level of profitability among small enterprises in the study area. To identify the factors that influence business costs in Bade LGA. The study will encompass businesses from various sectors, including agriculture, trade, and services. However, due to time and resource constraints, the research may not cover all small enterprises in the region. The study’s findings and conclusions will be limited to the specific context of Bade LGA and may not be generalized to other areas without proper consideration.(Brian B, (2009) The study’s outcomes will be beneficial to entrepreneurs, policymakers, and relevant stakeholders in the small enterprise sector. Understanding the factors influencing business costs and profitability will aid in developing effective strategies for promoting economic growth and sustainability in the study area
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