RELEVANCE OF FINANCIAL MANAGEMENT TO BUSINESS GROWTH IN NIGERIA


For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853
ABSTRACT
The prerequisite of this extended essay is to know the Relevance of Financial Management to Business Growth in Nigeria.
Financial management is relevant to business growth for a well balanced operation. As businesses in Nigeria are made up of small, medium and large scale enterprises need financial management to operate well. The ultimate aim of financial management is to plan and forecast the profit making and sourcing of fund for business growth. Money is needed in financial management and used in making plans work. It serves as a measuring device that can be used in measuring the plan in terms of naira, and outsiders, such as bankers and other lenders, will do the same.

In starting new business or expansion loan is required. The burden of proof in borrowing money is upon the borrower. You have to show the banker or other lenders how the money borrowed will be used and more important how and when you will repay back the loan.

The extended essay also look at budgeting, as organisation, whether economic, social, or political makes plans for an organisation. Without plan there is no longer an organisation but an uncoordinated assortment of individuals. Some biz-owners/managers carry plans in their head, some make rough estimates on their business and others express their plans in orderly and systematic manner.

An important feature of this extended essay is that the methods taken are in form of data collection through primary and secondary sources. The primary includes questionnaires and oral interview and secondary source include work of authors which were acknowledged.
Finally, the main findings and recommendations are based on the information on the conclusions drawn up to cap the work.

TABLE OF CONTENTS
TITLE PAGE 
APPROVAL PAGE 
CERTIFICATION PAGE 
DEDICATION 
ACKNOWLEDGEMENT 
ABSTRACT 
TABLE OF CONTENT            

CHAPTER ONE
1.1INTRODUCTION 
1.2OBJECTIVE OF THE STUDY    
1.3STATEMENT OF PROBLEM 
1.4SCOPE AND LIMITATION OF STUDY 
1.5SIGNIFICANCE OF STUDY
1.6DEFINITION OF TERMS 
REFERENCES 

CHAPTER TWO
2.1SOURCES OF FINANCE
2.2ISSUE OF FINANCING THE FIRM 
2.3OBJECTIVE AND SIGNIFICANCE OF FINANCING 
2.4FINANCIAL DECISION MAKING (STAGES & PROCESS)
2.5CASH CONTROL AND MANAGEMENT OF ORGANISATION IN NIGERIA 
REFERENCES

CHAPTER THREE
RESEARCH METHODOLOGY
3.0INTRODUCTION
3.1POPULATION OF THE STUDY
3.2SAMPLING 
3.3PROCEDURE FOR COLLECTION, ANALYSIS AND TREATMENT OF DATA
3.4VALIDITY AND RELIABILITY

CHAPTER FOUR
PRESENTATION AND ANALYSIS OF DATA
4.0INTRODUCTION
4.1DATA PRESENTATION 
4.2DATA ANALYSIS
4.3SUMMARY OF FINDING
4.4TEST OF HYPOTHESIS

CHAPTER FIVE
5.1SUMMARY 
5.2CONCLUSION 
5.3RECOMMENDATIONS 
BIBLIOGRAPHY

RELEVANCE OF FINANCIAL MANAGEMENT TO BUSINESS GROWTH IN NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Business Administration and Management
    Project ID BAM5227
    Fee ₦5,000 ($14)
    No of Pages 75 Pages
    Format Microsoft Word

    Related Works

                       CHAPTER ONE 1.0 INTRODUCTION The Financial Function has always been important in business management. Irrespective of differences in structure, ownership and size, the Financial Organisation of the enterprise ought to be capable of ensuring that the various... Continue Reading
    THE RELEVANCE OF MARKETING RESEARCH TO THE GROWTH OF A BUSINESS ORGANISATION (A CASE STUDY OF NIGERIA BREWERY PLC, BENIN CITY) ABSTRACT Relevance of marketing research to the growth of a business organisation cannot be over emphasized. This research was carried out with the objective determining the contribution of marketing research to the growth... Continue Reading
     Relevance of financial ratio analysis in the appraisal of small scale business   ABSTRACT This research work examined the relevance of financial ratio analysis in the appraisal of small scale business with particular reference to Mr. Biggs fast food in cross river state. The study examined the establishing of the extent to which accounting... Continue Reading
    . (A CASE STUDY OF UNION BANK OF NIGERIA PLC ENUGU) TABLE OF CONTENT CHAPTER ONE INTRODUCTION 1.1              Background of the study 1.2              Statement of the problem 1.3              Purpose of the... Continue Reading
    INTRODUCTION 1.1 BACKGROUND OF THE STUDY. Financial institutions have a very great role to play in the growth of small scale business everywhere in the world but I will limit my discussion to their roles in Nigeria. Financial institutions could be seen as an institutions which primary function is collecting and giving out funds to individuals,... Continue Reading
    INTRODUCTION 1.1BACKGROUND OF THE STUDY. Financial institutions have a very great role to play in the growth of small scale business everywhere in the world but I will limit my discussion to their roles in Nigeria. Financial institutions could be seen as an institutions which primary function is collecting and giving out funds to individuals,... Continue Reading
    THE ROLES AND PROBLEMS OF FINANCIAL INSTITUTIONS TO THE GROWTH OF SMALL SCALE BUSINESS IN NIGERIA. (A CASE STUDY OF UNION BANK OF NIGERIA PLC ENUGU) TABLE OF CONTENT CHAPTER ONE INTRODUCTION 1.1 Background of the study 1.2 Statement of the problem 1.3 Purpose of the study 1.4 Scope of the study 1.5 Research hypothesis 1.6 Significance of the study... Continue Reading
    ` ABSTRACT The aim of the study was to establish a relationship between the International Financial Reporting Standards and the quality of financial Reporting. The data required for this research work was basically the primary data, which was obtained through the use of questionnaire. Therefore, the research design used for this research work was... Continue Reading
    ` ABSTRACT The aim of the study was to establish a relationship between the International Financial Reporting Standards and the quality of financial Reporting. The data required for this research work was basically the primary data, which was obtained through the use of questionnaire. Therefore, the research design used for this research work was... Continue Reading
    This research work examined the relevance of financial ratio analysis in the appraisal of small scale business with particular reference to Mr. Biggs fast food in cross river state. The study examined the establishing of the extent to which accounting ratio can be used to interpret accounting records of small scale business, finding and analysing... Continue Reading
    Call Us
    whatsappWhatsApp Us