Home Trade contd IV

Commerce SSS1 Second Term


Home Trade contd  IV

Performance Objectives

The student should be able to:

    1. Discuss the reason why a retail business may fail.  


Reasons Why Retail Businesses Fail

The following are the reasons why retail businesses fail in Nigeria:

1. Finance: Because of the generally small size, retail businesses do not have ample opportunities to obtain finance. Banks and other financial institutions do not often give loan to small borrowers who are also disadvantaged in accessing the capital market or stock exchange to raise funds.

2. Limited managerial and professional capacity: Management and professional services are ofter limited to.... View More

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