Abstract:
Small –scale enterprises are very important to the development of a nation. It is the engine of growth in every country. However, the success of a small – scale enterprise owes a lot to good business plan .This piece of work contains information about how business plan can lead to the success of small –scale enterprises, it also provides a frame work of the format of a business plan and how it can be implemented effectively.
Description:
Approximately the last 200 years, to date have seen a major resurgence of small scale enterprise through Ghana. Nearly 80% of Ghanaians found in the formal sector of the economy run their own small – scale enterprise, and each year the number continue to increase according to the National Board for Small – scale Industry (NBSSI, 2009)
Small – scale enterprise is easier to describe than to define. At first, the business appears easy to define. Many places of business that you patronise such as independent neighbourhood grocery stores, fast – food restaurants, video shops, hair stylist, dry cleaners are example of small – scale enterprises, they must at least have two of the following features:
