Role of Young Females’ Entrepreneurial Skills in Family Business Development and Job Creation in Nasarawa State
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Abstract
The development of family businesses has been variously referred to as a source of job creation for idle individuals, especially in families. This study examined the role of young females’ entrepreneurial skills on family business development andjob creation in Nasarawa State, Nigeria. The study adopts a survey research design. The population of the study consists off amily businesses established and owned by young female entrepreneurs who utilized their acquired skills across six (6) LG As of Nasarawa State, Nigeria. A total of three hundred (300) businesses; were purposively sampled within the areas covered, and fifty (50) firms were selected; from each LGA. Descriptive statistics were employed to analyze quantitative data. The analysis was done using a frequency distribution table, means and percentages. Statistical inferences were conducted by means of correlation analysis and regression analysis. The study revealed that young females’ entrepreneurial skills have a significant and positive effect on family business development andjob creation. The study recommends that government and non-governmental organizations need to improve by giving out loans and other financial aid to female entrepreneurs to encourage their entrepreneurial skills so as to enable them to stay in business. Also, a committee should be set by the three tiers of government to investigate those lingering challenges facing young female entrepreneurial skills, job creation and how to proffer possible solutions for unravelling them.