Aside from startup capital, one big thing that small business enterprises have to deal with is the industrial policy prevalent in their business location. The impact of government industrial policy on the development of small business enterprises should not be over emphasized; it could be positive or negative. This business education project topic digs into the impact of government industrial policy on the development of small .... This is an empirical research that requires rigorous procedure to arrive at a conclusion.
However, some of the impacts of government policies on businesses are too obvious to be ignored. We will be discussing what really defines small scale businesses and few of the regular impact of government regulation on small businesses. You can follow up the project topic above for full project research finding.
What defines small scale businesses varies with location. What it means and how it applies in one part of the world can vary widely from another. But going in more general term, small scale business enterprises are businesses that are:-
On a highlight note, here are the following ways government industrial policies can affect small scale business enterprises;
More of the impact of government industrial policy on small business development in Nigeria is contained in the research project.