Modern risks of small businesses

TL;DR

This paper discusses the critical role of small businesses in the economy and highlights the increasing administrative barriers and risks they face, especially during economic crises.

Contribution

It analyzes the evolving risks and administrative challenges faced by small businesses, emphasizing the need for policy measures to reduce barriers.

Findings

Administrative barriers to small business development are increasing.

Economic crises exacerbate risks for small businesses.

Policy measures are needed to support small business growth.

Abstract

An important area of anti-crisis public administration is the development of small businesses. They are an important part of the economy of developed and developing countries, provide employment for a significant part of the population and tax revenues to budgets, and contribute to increased competition and the development of entrepreneurial abilities of citizens. Therefore, the primary task of the state Federal and regional policy is to reduce administrative barriers and risks, time and resources spent on opening and developing small businesses, problems with small businesses ' access to Bank capital [8], etc. Despite the loud statements of officials, administrative barriers to the development of small businesses in trade and public catering are constantly increasing, including during the 2014-2016 crisis.