Financial problems of small business and its role in the structure of market economy.

Authors

  • T. Karpova Vasyl’ Stus Donetsk National University

DOI:

https://doi.org/10.31558/2307-2296.2018.1.11

Keywords:

small business, functions of small business, financial problems, financial risks, government support, taxation, loans, benefits

Abstract

The current stage of development the Ukrainian economy can be considered as a complex and contradictory process of transformation of economic structures, which predetermines the formation and development of new subjects of entrepreneurial activity. The world experience shows, that an important component of the economy is a small business, that provides the country with mobility, flexibility and innovative potential. The significance of small enterprises is not limited to their participation in the gross national product. It is also important the social role of small business, which allows to create jobs, to realize human capabilities, to form a middle class as the basis of civil society. The activity of small businesses in all areas of economy is associated with increased risk. There are many problems, that require a priority and urgent solution to ensure the stable and gradual development of small business. The great importance belongs to the financial security of small enterprises in the structure of market relations and to the mechanism of their regulation.

Author Biography

T. Karpova, Vasyl’ Stus Donetsk National University

Ph.D., Associate Professor

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