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YOUCAN! INNOVATIVE TRAINING VOLUME four

YOUCAN! INNOVATIVE TRAINING VOLUME four. FACILITATOR USMAN .A. BAMIDELE. ENTREPRENEURSHIP AND SMALL SCALE BUSINESS.

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YOUCAN! INNOVATIVE TRAINING VOLUME four

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  1. YOUCAN! INNOVATIVE TRAININGVOLUME four FACILITATOR USMAN .A. BAMIDELE

  2. ENTREPRENEURSHIP AND SMALL SCALE BUSINESS

  3. INTRODUCTIONYOUCAN! INNOVATIVE Is A Youth Entrepreneurship and Innovation Training That Aims to Build and Create a Strong Entrepreneurship Spirit among The Youths and To Reform The Mentality of our Youths Whose Dream of A Career and Ambition Have Been Disrupted Due To Economic or Financial Reason and Diverted Into Various dubious and illegal Means of Succeeding, Into a More Productive, Creative and Business Mindset By Laying a Brighter Part of The Fulfillment Of Their Mission Through our Various Empowerment Training Program.

  4. 1. Ability to see financial opportunities and take it. 2. Ability to start new business ventures 3. Ability to create employment opportunities4. Ability to find a needs and to fill it5. Ability to introduce new products and services to the market6. Ability to recognize & seize diverse opportunities for financial gain7. Ability to build personal wealth legally What you will learn from this Training !

  5. Objectives of YOUCAN! INNOVATIVE Training In Nigeria

  6. To Offer Functional Education For The Youths That Will Help Them To Be Self-Reliant.

  7. To Provide Adequate Training That Will Enable Youths To Be Creative And Innovative In Identifying Novel Business Opportunities.

  8. => To Serve As a Catalyst For Economic Growth and Development.=> To Reduce High Rule of Poverty In Our Country.

  9. To Provide The Youths Enough Training and Support That Will Enable Them To Establish A Career In Small and Medium Size Businesses.

  10. Meaning Of Entrepreneurship Entrepreneurship is simply the practice of starting a new business ventures

  11. WHO IS AN ENTREPRENEUR ?An Entrepreneur is an individual who initiates new business idea, accept financial risk and undertakes new financial ventures

  12. Reasons For Entrepreneurship In Our Economy

  13. Entrepreneurs Create Business That Hire People • Reasons For Entrepreneurship In Our Economy

  14. Entrepreneurs Pay Taxes Into The National Account • Reasons For Entrepreneurship In Our Economy

  15. Entrepreneurs Create Demand For Products Which In Turn Create Jobs and Other Businesses • Reasons For Entrepreneurship In Our Economy

  16. Entrepreneurs Stimulate The Economy By Instilling Confidence In People • Reasons For Entrepreneurship In Our Economy

  17. SMALL SCALE BUSINESS

  18. Small Scale Business account for 75%of all new jobs created and 61% of all wages employment

  19. Small scale business is currently one of the fastest growing and important sectors as far as labor absorption and poverty reduction are concerned

  20. WHAT IS SMALL SCALE BUSINESS ?Small scale business is a set of business which is usually owned and managed by the owner.

  21. According to Central Bank of Nigeria In its monetary and credit guideline for 1996 fiscal year, defines Small scale Enterprise as one whose total cost excluding working capital does not exceed N10Million

  22. IMPORTANCE OF SMALL SCALE BUSINESS IN NIGERIA

  23. They provide immediate large scale employment

  24. Mobilization of Capital and Entrepreneurial Skills

  25. Regional Dispersal of Industries

  26. Small Scale Business Give Room For Employment Generation

  27. They Make use of Local Resources

  28. They Balance Regional Development

  29. Conservation Of Foreign Exchange

  30. Small Scale Business Create Equitable Spread Of Income and Wealth

  31. Supporting Large Scale Business and Contribute Towards National Income

  32. Small Scale Business Increase Standard Of Living

  33. PROBLEMS FACING SMALL SCALE BUSINESS (SMEs)

  34. Poor Business Financing

  35. INADEQUATE INFRASTRUCTURAL BASE=> Unreliable Telecom Facilities=> Poor state of Road Networks=> Handicap Water Supply

  36. LOW ENTREPRENEURIAL SKILLS

  37. POOR GOVERNMENT POLICY IMPLEMENTATION

  38. LACK OF CONTINUITY

  39. POOR MANAGEMENT SKILLS

  40. POOR ACCOUNTING SYSTEM

  41. LACK OF RAW MATERIALS

  42. UNSTABLE POLICY ENVIRONMENT

  43. WRONG ATTITUDE OF ENTREPRENEURS & THEIR WORKERS

  44. SUMMARYSmall scale Business/Entrepreneurs are Known To Be The Bedrock for the most Successful Economy In The World Today. Let Us Be Part Of Creative Mind And Create More Enterprises.

  45. YOUCAN! Innovative On Social MediaFacebook @ “Youcan! Innovative”Twitter @ “youcani” Linkedin @ “Youcan! Innovative”You can also watch Youcan! Innovative Videos on Youtube

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