THE IMPACT OF ENTREPRENEURIAL EDUCATION ON SMALL SCALE BUSINESS

This study examines the impact of entrepreneurial education on the success of small-scale businesses, with a specific focus on Solomatrix Bakery in Makurdi. As the landscape of entrepreneurship continues to evolve, understanding the role of education in fostering business acumen and operational efficiency becomes increasingly vital. This research employs a case study methodology to analyze how entrepreneurial education influences various aspects of business performance, including financial stability, market competitiveness, and innovation. Data were collected through survey and financial performance analysis over a one-year period. The findings indicate that entrepreneurs who have received formal training in entrepreneurial principles exhibit higher levels of confidence, strategic planning capabilities, and adaptability to market changes. Again, the study highlights the correlation between educational background and business growth metrics, demonstrating that Solomatrix Bakery has successfully implemented strategies learned through entrepreneurial education to enhance its operational practices and customer engagement.

Autorentext

Terseer Iorfa Peter works as an engineer with the China Civil Construction Cooperation (CCECC), Lagos, Nigeria,Tersoo Eric Taave is a research expert from Joseph Sarwuan Tarka University, Makurdi, Nigeria while Terungwa Erastus Doove is affiliated with Federal University of Lafia, Nasarawa State, Nigeria.