The present study examines the moderating effect of training transfer on the determinants of entrepreneurial performance among owners of micro, small and medium enterprises (MSMEs) in Lagos State, Nigeria. The study adopts a quantitative approach using a cross-sectional descriptive survey while Cochran (1977) formula for sample size determination is used to calculate the sample size. Structural Equation Modelling (SEM) approach and Multi-Group Analysis are applied to test the stated research hypothesis. Prior to full use of the model, the researcher ensures that the model meets the acceptable goodness-of-fit indices: