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September 10, 2025Edelweiss Applied Science and TechnologyOpen Access

Entrepreneurial strategies for development of family businesses and small and medium scale enterprises in Nigeria

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Authors

ANApaokueze Tessy NkechiECErnest Jebolise ChukwukaAPAbude Peter

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Overview

Descriptive survey examines entrepreneurial strategies for SMEs, revealing impacts on growth and sustainability.

Key Points

  • Entrepreneurial strategies such as competitive pricing improve business growth and sustainability for SMEs in Delta State.
  • SMEs in Delta State face challenges like poor infrastructure and limited access to financing, which hinder growth.
  • The study utilized a descriptive survey of 300 SMEs across agriculture, manufacturing, and services sectors.
  • Increased access to financing and supportive government policies are vital for fostering SME sustainability in the region.

Cite This Study

Nkechi et al. (2025) studied this question.

synapsesocial.com/papers/68c2404eb210217d6479aa4ahttps://doi.org/10.55214/2576-8484.v9i7.8967
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Also Consider

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  1. 1Strategic Entrepreneurial Approaches and Their Influence on the Competitive Posture of Small-Scale Enterprises in South-South Nigeria2025 · 1 citations
  2. 2Strategic Entrepreneurship and Sustainable Growth of SMEs in Nigeria2025
  3. 3An Empirical Analysis of Constraints to Entrepreneurship Development in Nigeria: Policy and Practice Perspectives2025
  4. 4Critical Success Factors and the Growth of Small-Scale Enterprises in Federal Capital Territory (FCT) Nigeria2025
  5. 5Exploring pricing strategies and their impact on financial performance of SMEs in Nigeria2025