This study was conducted to examine the role of the Business Advisory Centre in Micro and small enterprises' development in South Tongu District, Ghana. It further aimed at identifying the achievements of the BAC as well as the challenges the BAC is confronted with. The research design employed in this research work was the case study approach. It made use of both quantitative and qualitative data. Purposive sampling was employed in selecting the BAC whilst the random sampling technique was used to select 92 MSEs.
The survey revealed that the BAC in South Tongu District delivers all its expected roles required of them by the NBSSI. However, the BAC is only capacitated to conduct 12 training sessions out of the 27 which is expected of them by the NBSSI. The center has had a significant contribution to the development of the MSE sector. Amongst the key contribution made to the MSEs include improvement in technical abilities; good business management training management and practices; good knowledge on working environment (competitors and suppliers); improvement in income as a result of good business management training; easy dissemination of information due to availability of local business associations; and access to credits.
The BAC in South Tongu has been in operation for five years and has trained a total of 435 persons through Management Development Services (MDS), Community Based Training (CBT), Business Counseling and Strengthening of Associations.
The study revealed the impeding factors affecting the smooth and efficient operations of the BAC in the South Tongu District. They include inadequate logistics; over-reliance on central government funds; mobility (Accessibility); inability to help people start up businesses after training; untimely release of funds; and inadequate human resources.
The study suggests some recommendations to enhance the role of BAC to help develop the MSE sector. Amongst them are the provision of adequate human resources for the BAC, timely delivery of funds, demand-driven service provision, intensify guidance and assistance of MSEs to access loans, ensuring equitable distribution of services, and frequent visitations to MSEs.
The Government through the NBSSI is therefore urged to adopt the above-proposed strategies to enhance the service delivery of the BAC.
Inhaltsverzeichnis (Table of Contents)
- CHAPTER ONE
- GENERAL INTRODUCTION
- 1.1 Introduction
- 1.2 Background of the Study
- 1.3 Problem Statement
- 1.4 Research Objectives
- 1.5 Research Questions
- 1.6 Scope of the Study
- 1.7 Significance of the Study
- 1.8 Organization of Report
- CHAPTER TWO
- BUSINESS ADVISORY CENTRE AND MSE DEVELOPMENT
- 2.1 Introduction
- 2.2 The Human Capital Theory
- 2.3 Business Development
- 2.3.1 Business Development Services
- 2.4 MSE Development Agencies in Ghana
- 2.4.1 NBSSI
- 2.4.2 Business Advisory Centres (BAC)
- 2.5 The Concept of Entrepreneurship
- 2.6 Evolution and Concept of Entrepreneur
- 2.6.1 Entrepreneur as risk bearer
- 2.6.2 Entrepreneur as an organizer
- 2.6.3 Entrepreneur as an innovator
- 2.7 Definitions and Classifications of MSES
- 2.7.1 Definition of MSE in Ghanaian Context
- 2.8 Direct Government Interventions on MSE Development
- 2.8.1 Microfinance and Small Loans Centre (MASLOC)
- 2.9 Challenges facing BAC in Ghana
- 2.10 Conceptual Framework
- CHAPTER THREE
- PROFILE OF STUDY AREA AND METHODOLOGY
- 3.1 Introduction
- 3.2 Profile of Study Area
- 3.2.1 Location and Size
- 3.2.2 Climate
- 3.2.3 Vegetation
- 3.2.4 Population
- 3.2.5 Occupation Status
- 3.2.6 Employment Status
- 3.3 Methodology
- 3.3.1 Research Design
- 3.3.2 Research Style
- 3.4 Research Population
- 3.4.1 Sampling Method
- 3.4.2 Sampling Size
- 3.5 Sources and Methods of Data Collection
- 3.6 Data Collection Instruments
- 3.6.1 Questionnaire
- 3.6.2 Interview
- 3.7 Data Analysis
- CHAPTER FOUR
- DATA ANALYSIS ON BAC ROLES TO MSE DEVELOPMENT IN SOUTH TONGU DISTRICT
- 4.1 Introduction
- 4.2 Profile of MSE Entrepreneurs
- 4.2.1 Kind/Nature of Enterprise
- 4.2.2 Sex of Owners of MSES
- 4.2.3 Age distribution of MSEs Owners
- 4.2.4 Educational Level of Entrepreneurs
- 4.2.5 Marital Status of Entrepreneurs
- 4.3 Roles of Business Advisory Centre in the South Tongu District
- 4.3.1 Awareness of BAC by MSEs
- 4.3.2 BAC Training
- 4.3.3 Effects of BAC Roles on MSEs
- 4.3.4 Unaddressed Challenges of MSES
- 4.3.5 Monitoring and Evaluation
- 4.4 Achievements of BAC
- 4.5 Human Resource Capacity of the BAC
- 4.6 Challenges of the BAC
- CHAPTER FIVE
- SUMMARY OF FINDINGS, RECOMMENDATION AND CONCLUSION
- 5.1 Introduction
- 5.2 Key Findings
- 5.2.1 Profile of MSEs
- 5.2.2 Objective One (To assess Business Advisory Centre roles on MSEs in South Tongu district)
- 5.2.3 Objective Two (To identify the achievements of the Business Advisory Centre in South Tongu district)
- 5.2.4 Objective Three (To identify the challenges facing the Business Advisory Centre in South Tongu)
- 5.3 Recommendation
- 5.3.1 Provision of Adequate Human Resource for the BAC
- 5.3.2 Timely Delivery of funds
- 5.3.3 Provision of Adequate Logistics
- 5.3.4 Frequent Visitations to MSEs
- 5.3.5 Demand-Driven Service Provision
- 5.3.6 Intensive Vocational Training
- 5.3.7 Intensify Guidance and Assistance of MSEs to Access Loans
- 5.3.8 Ensuring Equitable Distribution of Services
- 5.4 Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This study aims to examine the role of Business Advisory Centres (BACs) in the development of micro and small enterprises (MSEs) in South Tongu District, Ghana. It investigates the BAC's achievements and challenges faced in fulfilling their role. The study employs a case study approach with both quantitative and qualitative data.
- The impact of BACs on MSE development in South Tongu District
- The challenges faced by BACs in the district
- The achievements of the BAC in South Tongu District
- The role of government support in facilitating BAC effectiveness
- The importance of tailored training and support for MSEs
Zusammenfassung der Kapitel (Chapter Summaries)
- Chapter One introduces the study, its background, problem statement, research objectives, research questions, scope, significance, and organization.
- Chapter Two delves into the concept of BACs and their role in MSE development. It discusses the human capital theory, business development services, and MSE development agencies in Ghana, particularly the NBSSI. The chapter further explores the concept of entrepreneurship, definitions, and classifications of MSEs, and examines government interventions like MASLOC. It concludes with the challenges facing BACs in Ghana and the study's conceptual framework.
- Chapter Three provides a profile of the study area, South Tongu District, including its location, climate, vegetation, population, and employment status. It details the research methodology, including the research design, style, population, sampling method, and data collection instruments. The chapter concludes with the data analysis methods employed in the study.
- Chapter Four presents data analysis on BAC roles in MSE development within South Tongu District. It includes a profile of MSE entrepreneurs based on enterprise type, sex, age, education level, and marital status. The chapter then examines BAC awareness among MSEs, their training programs, the effects of BAC roles on MSEs, unaddressed challenges, monitoring and evaluation, achievements, human resource capacity, and challenges faced by the BAC.
Schlüsselwörter (Keywords)
This study focuses on the role of Business Advisory Centres (BACs) in promoting the development of Micro and Small Enterprises (MSEs). It examines the achievements and challenges faced by BACs in South Tongu District, Ghana, using a case study approach with both quantitative and qualitative data. Key concepts explored include human capital theory, business development services, entrepreneurship, NBSSI, MASLOC, and the impact of BACs on MSEs, training, and overall development.
- Quote paper
- Richard Mensah (Author), Bridget Amedzo (Author), 2018, The Role of Business Advisory Council in Promoting Small and Medium Scale Enterprise, Munich, GRIN Verlag, https://www.grin.com/document/1027118
