Influence of business environment on small and medium scale enterperises in Osun State

Despite the implementation of several strategies and tactics by most enterprises to maximize profits, only few enterprises achieve desired results. The objective of this study is to determine whether poor financing constitute a major challenge in the performance of SMEs. For this study, survey research method was used by utilizing structured questionnaires. 80 questionnaires were hand delivered; using purposive sampling methods while the method of analysis was basically descriptive. The hypotheses were formulated. The major findings of the study are (i) Poor financing constitute a major challenge in the performance of SMEs in Osun State.(ii) Inadequate social infrastructures constitute a major challenge in the performance of SMEs in Osun State. The paper recommends that poor financing constitute challenge in the performance of SMEs and inadequate social infrastructures constitute a major challenge in the performance of SMEs in Osun State.