European Journal of Business and Innovation Research (EJBIR)

EA Journals

Financial planning

Enhancing Effective Financial Planning Through a Robust Capacity Building Techniques for Entrepreneurial Growth in Nigeria (Published)

The study sets out to examine the extent to which capacity building creates awareness to the entrepreneurs in planning their business finance. It has been established that if the entrepreneurs are educational astute, they will take advantages of windows opening for them to tap. Expost-facto research design was applied in determining the population. The sample was obtained with the application of Taro Yamani principle. Ordinary least square technique was used in analyzing the data. Findings revealed that entrepreneurs are easily able to arrange their business finances when they acquire awareness through various techniques. It was concluded that a robust capacity building technique is sine-qua-non to entrepreneurial success in financial planning. It was recommended that the government and the private sector organizations should incorporate adequate skill training programmes for the benefit of small and medium scale business operators and that they in turn should develop passion to learn and apply the skills acquired to improve the ability in financial planning.

Keywords: Capacity building, Entrepreneurial success, Financial planning, Growth

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