THE RELATIONSHIP BETWEEN SMALL AND MEDIUM ENTERPRISES (SMES) AND ECONOMIC DEVELOPMENT: A CASE STUDY OF KASHMOCHAN NIGERIA LIMITED, KANO
Abstract
This study assessed the impact of small and medium scale enterprises on economic development a case study of KASHMOCHEM NIGERIA LIMITED KANO STATE NIGERIA. In order to achieve this three (3) research questions were formulated. The population of the study consisted of the kashmochem Nigeria limited staffs in kano state. While sanple and sampling techniques was used to select (271) respondent from the entire population. Questionnaire was the instrument used to gather information from the sample respondent. Data collected on demographic characteristics of the respondent were analyzed using mean and standard deviation. The findings revealed that small and medium scale enterprise impact on the development of Kano state. Based on this finding it was recommended that for business to be successful entrepreneur should consider choice of location and keep account and maintain business records and make use of banking facilities, which in turn would enable him to enjoy credit facilities. Also Government should render more financial assistance through commercial and merchant banks, also amend some of the Government policies they felt is affecting the establishment as regard to fund raising and equally advise them on how to utilize it effectively.
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