The economic stabilization of a country in a market economytransition period significantly depends on the society's stability.Small businesses are the basis of today's Georgian economics,but because of unsuitable management, advantagesof this form of business organization are not completely realized.Mostly small entrepreneur structures are handled bytheir owners, but it is not always advisable. Mainly nonhierarchicalsmall business management structures do not giverise to formal relations, what not existence of suitable managingstyle stipulates inadequate organization behavior, butunorganized management becomes primitive. It is often thereason small business entrepreneurs fail. So, suitable managementfor small business is as necessary as initial capital,tangible assets and other factors of development. Because ofsmall business managements, un-development increased followingnegative events: diversification policy directingbecomes harder because of little opportunities to overcomethe difficulties of entering and leaving from one sector toanother, effective inventions attraction opportunities arereduced while groundless business-strategy conditions;bankrupt risk is large because of uncompetitive managerialdecisions; the quality of using business consulting is low andit is often used not to make optimal decisions but to documentingalready made decisions; business educations systemin Georgia can't satisfy the requirements of small business,because neither entrepreneurs have exact formulateddemand on managerial education, nor is the active staffersre-training system market adequate. It's clear that solving theaforesaid problems is impossible without concerning consensusachievement of stakeholders and strong will. Most managersand entrepreneurs pay less attention to strategicapproaches while managing small business structures.Managers of small structures are required to be flexiblethinkers and dynamic actors in the marketplace, while estimatingstrategic alternatives for elaborating the most preferablestrategy by observation of the environment without complexresearch. They provide SWOT analyze, estimate competitiveness,foresee opportunities of outsourcing, analyze valuechains, plan business operations and project organizationprocess and etc. All of this requires a special style of management,one which must provide small business advantagessuch as: high maneuvering, flexibility, effective informational-communicative connection, entrepreneur - innovativepotential and other. Time budgeting by a manager mustinclude equal expenses for work planning-organizing andcontrol, also motivation and support for employees.