STRATEGIES FOR ENHANCING AND PROMOTING CAPITAL FORMATION AMONG SMALL SCALE ENTERPRISES IN NIGERIA(A CASE STUDY OF HERITAGE COMPANY ENUGU)

In this project, the explanation of the stratifies for Enhancing and promoting capital formation amount the small scale enterprises in Nigeria is made. The importance of this to the growth of small-scale business in Nigeria is advanced. The general performance of small-scale enterprises in the country is X-vated, using heritage company Enugu, as a case study. The results of this X-ray are follows. 1) The net profit of Heritage Company, Enugu is not big enough for the expansion of its operation rapidly. 2) There is slow increase in the quality of inventories in the stories due to high cost and low profit. 3) In order to accumulate adequate capital for expansion, there must be compulsory savings by the company and management