Adult Learning and Small-Scale Business Promotion in the Communities: Prospects, Challenges and Strategies

Abstract

This paper examines prospects of adult learning and small business promotion in the communities; ascertaining challenges and strategies to address them. It is a library study that probes into small business generation of employment opportunities in the communities. The entrepreneurial capabilities of community members in small businesses serve as key to prosperity in the communities. Small businesses registered by Internal Revenue Service kept increasing from 46,961; 51,749 and 52,575 as at 2005, 2006 and 2007 respectively. However, enterprising community members need knowledge, skills and values of modern-day business plans, funding sources, market outlets and management skills. Many small-businesses wind up before the end of their first year. Provision of adult learning skills through lifelong learning process is key to success. Funding through group-lending approach is an important option. Government and financial institutions should resource entrepreneurs. Providing advisory services to small business entrepreneurs to manage businesses is another important strategy. These steps, when properly considered, will help reduce poverty and make communities sustainable in addressing joblessness and hopelessness facing community members

(PDF) Adult Learning and Small-Scale Business Promotion in the Communities: Prospects, Challenges and Strategies. Available from: https://www.researchgate.net/publication/320931615_Adult_Learning_and_Small-Scale_Business_Promotion_in_the_Communities_Prospects_Challenges_and_Strategies [accessed Sep 26 2018].