STATE SUPPORT AS A TOOL TO IMPROVE EFFICIENCY OF SMALL BUSINESS

• Main Authors: Adamenko Aleksandr, Khorolskaya Tatyana, Petrov Denis
• Format: Article
• Language: English
• Published: Peter the Great St. Petersburg Polytechnic University 2020-06-01
• Series: Научно-технические ведомости СПбГПУ: Экономические науки
• Subjects: economy; entrepreneurship; small business; state regulation; efficiency; support for small business
• Online Access: https://economy.spbstu.ru/article/2020.83.04/
• ISSN: 2304-9774; 2618-8678

The presence of a developed system of small business is an indispensable condition for a stable economy of the country, as well as for a single region. The most important condition for realizing the potential of small business is an effective system of state support for these business entities. The level of development of small business in different regions of the Russian Federation is significantly different, it depends on many factors, so the Krasnodar Territory is characterized by a fairly high development of small and medium-sized businesses. The article discusses the main indicators of the activities of small businesses in the Krasnodar Territory by type of economic activity for 2019, while a clear advantage is revealed towards wholesale and retail trade. In this regard, it was noted that it is advisable for entrepreneurs to turn their attention to other sectors of the economy of the Krasnodar Territory that are acceptable for small and medium-sized businesses. It is said that on the part of the state, small business entities should fully receive informational, consulting, property, financial and educational support. The list of organizations that make up the infrastructure for supporting small and medium-sized enterprises of the Krasnodar Territory is given. The factors that have a negative impact on the development of the state infrastructure for supporting small businesses are identified. The main indicators of the activity of small businesses of the Krasnodar Territory in dynamics over 10 years are analyzed. The negative aspects in the activities of small businesses that inhibit their development are indicated. The measures taken in the Krasnodar Territory with a view to implementing Article 11 of Federal Law of July 21, 2007 No. 209-FZ “On the Development of Medium and Small Enterprises in the Russian Federation” are considered. It is concluded that small business is in difficult competitive conditions and, despite the seemingly significant number of existing support systems for small businesses, the development and implementation of a more effective system of state support for small businesses is currently necessary.