CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF STUDY
In these days, in every part of the country people are engaged in the process of planning and opening up new business every day, already existing business strive for survival. In different stages. These business may fail. More over, financial record keeping in modern concern is the most important step to be taken by any serious entrepreneur before and after floating an enterprises, equipment furniture and capital for the business must be into diligently recorded and kept, curiously enough, these business represent will conceived ideas that are well developed by businessmen who have the experiences, the resources and determination to make their business succeed. In the light of this therefore, it has become necessary to examine another variable in business namely: accounting information in order to high light its importantly its place in the success of small scale business. The research work will under score the consequences and causes of inadequate and complete lack of proper financial record among our small business proprietors it will also under line the benefits of good financial record keeping ascertain the extent to which sample companies maintain proper and adequate financial records. Finally, a relationship will be established between proper and adequate financial record and success of small businesses reaming unemployed citizen at the country.
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