PERCEIVED REQUIREMENTS FOR STARTING A BUSINESS VENTURE BY KWARA STATEUNIVERSITY BUSINESS EDUCATION STUDENTS

Abstract

This study found out the perceived requirements for starting a business venture by Kwara State University Business
Education students. Three specific purposes of the study were framed, from which three research questions were
raised and three research hypotheses. Relevant literatures were reviewed in this study. Descriptive research of
survey type was used. The population of the study comprised of One hundred and forty (140) 300L business
education students. The entire population was used. A well-structured questionnaire was used for data collections.
The data gotten from the study were analyzed using frequency and percentage for demographic. Mean and standard
deviation was used for research questions and independent t-test was used to test the null hypotheses at 0.05 level of
significance. The findings revealed that Business education students in Kwara State Universityrequired business
ideas in starting a business venture. (mean = 2.78, SD = 0.72). The study concluded that students need to have
adequate knowledge about starting business ventures before embarking on such journey. Hinderances to starting a
venture should be attended to understand the rudiment of running a business. It was later recommended among
others that: Schools should endeavor to provide adequate business knowledge to students so they could establish
businesses before graduating.