Impact Of Financial Management Practices On Profitability Of Business Enterprises

. CASE STUDY OF SME OPERATORS IN ILORIN METROPOLIS CHAPTER ONE INTRODUCTION 1.1.          BACKGROUND TO THE STUDY Business Enterprises (SMEs) are seen as a driving force for the promotion of an economy (Khan and Jawaid, 2004) and they contribute immensely to the economic development of any country. According to OECD (1997), business enterprises play a major role in economic growth and development, creation of employment and income generation. Business enterprises in Nigeria contribute enormously to National Gross Domestic Product (GDP) and employment in the informal sector. It creates employm…