INTRODUCTION OF SMALL SCALE ENTERPRISES (BUSINESS) IN AFRICASmall scale enterprises ( business) in Africa is a way of producing /manufacturing of goods or products for consumptions. It is very easy to establish and simple to manage with good management scheme.
The profitability of the business and technicality of the productions in small scale enterprises are well explained below. For someone, who wants to establish a business with a minimum of N3 million (Nigeria currency) should able to start with one of the following.
- a) Candle making production
- b) Sachet table water / bottles table water
- c) Polytene /nylon production.
- d) School chalk production
- e) Mosquito coils production.
There is a discourse on profitability, technicality and accountability on each of the small scale business that may be chosen by everyone.
Therefore, the small scale enterprises is a business that last for years, considering its continuity, stability and liquidity of sales/ cash flow.
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