**3. Classification of small-scale agribusinesses**

The methods used to classify small agribusinesses include but not limited to number of employees, annual sales and/or turnover, value of assets and net profit (balance sheet). According to [2, 3], small agribusiness classification differs amongst countries. For instance, in Australia, the Australian Bureau of Statistics classifies small agribusinesses as those employing fewer than 20 persons. The Australian tax office uses average annual turnover of less than \$1 million and net assets of less than \$3 million as the criterion in this classification. In Canada, agribusinesses are small if it has less than 100 workers in manufacturing and in the service subsector less than 50 workers. Similarly, in UK, the classification of agribusinesses goes thus; it is micro, if the number of full-time workers is less than 10; small business if the full-time workers range from 10 to 49. More so, UK further classified agribusinesses as medium sized with the number of full-time workers ranges between 50 and 249. Lastly, agribusiness are considered large, if the number of full-time workers is 250 and above.

In Nigeria, the classification of agribusinesses takes dissimilar dimension. In addition to the classification based on the number of full-time workers, volume of assets is also considered. The volume of assets consideration however, excludes investment in landed properties in the classification. Notable classifications of the agribusinesses, according to [4] includes small agribusiness, which refers to enterprises with investment and working capital of 750,000 or less and the number of full-time employment stands at 50 workers or less. The medium-scale agribusinesses are enterprises that are functioning with investment and working capital within the range of over 750,000 and 3 million. However, the current inflation trend in the country put this classification in jeopardy, as these figures are unreliable. Hence, the National Council of Industry gave a more realistic classification, which includes:

