Problems Of Small Businesses Research Articles

Adoption and diffusion of organizational innovation, the winning mantra for growth: A case of manufacturing SMEs in Pakistan

This multiple case study qualitative research examined the impact of adoption and diffusion of innovation on Small and Medium Enterprises (SME’s) growth in the hostile business landscape of Khyber-Pakhtunkhwa, Pakistan. This research is intended to investigate research data and consequent findings based on an interview protocol that was purposefully developed from extant literature, complemented by an initial pilot study of two pharmaceutical SMEs. The researcher conducted 20 interviews, guided by the semi-structured interview protocol offered to the respondents beforehand after sorting their informed consent. The 20 participants represented the different hierarchal levels of the 08 case study of pharmaceutical from the two industrial clusters of Khyber Pakhtunkhwa, Pakistan, located at the Hayatabad Industrial Estate, Peshawar, and the Rashkai Industrial Estate, Nowshera. The analysis of the data presented findings and corroborated the research propositions that those SMEs that are structurally entrepreneurial and adopt innovation amenably, are open to mobility and tourism, yield satisfactory results in terms of their growth as compared to those that are inertial and unentrepreneurial. Similarly, the results offer confirmation that the effectiveness of government agencies that are explicitly formed to address the problems of small businesses is insufficient. They rather create hindrances than assistance due to the excessive delays in approving innovative ideas and conceptions by these related organizations and ministries. Moreover, the proposed framework offers pragmatic recommendations to contextualize entrepreneurial culture and innovative structures in SMEs and their essential factors in critical environmental circumstances.

Territorial Problems of Small Business and Private Entrepreneurship, Support Methods and Solutions

This article analyzes the economic and organizational measures to support entrepreneurship in Uzbekistan in recent years, the benefits granted by the state to small businesses and private entrepreneurs, and their results.

Классификация инструментов управления в организациях малого бизнеса для построения воронки продаж

In the modern world, companies that use CRM systems, SMM marketing (digital marketing in social networks), provide this, cause of the demand to build a sales funnel. The main goal is to build an effective sales funnel that will attract customers and increase profits. This study is aimed at selecting a set of services that can help the development of a small business characterized by low revenue volumes, and, as a result, small budgets for promotion, as well as a small number of staff. The article discusses the current problems of small business, CRM systems and services that help promote social networks. The main applied research methods: these are abstraction, generalization, competitive analysis and comparison. The following problems are identified for small businesses: the issue of scaling, the need to automate workflows, collecting feedback and feedback from customers, processing applications, great competition in the market, parallelization of workflows, organization of hierarchy in the workflow. The concept of sales funnels for any type of organization, enterprise, startup, etc. is considered. Common features, stages that should characterize the planned sales funnel are highlighted. A comparison of various services that help in the development and implementation of a marketing strategy is carried out. There are 4 categories of digital services for working with business automation and sales funnel: information systems and technologies that help to design a business model as a whole, create quality management systems, etc.; programs for business modeling, development of working documentation and requirements; CRM systems designed for planning employee tasks and storing customer data; services that help with promotion in social networks. Thanks to them, such tasks as: modeling of the sales funnel, automation of business processes, templates of working scenarios, instructions, regulations for employees, conversion analytics and traffic arbitration are solved. The classification of programs and services that will automate the company’s sales funnel, taking into account the price of the product and its functionality, the combination of which will be optimal for small businesses, is proposed.

FOREIGN EXPERIENCE OF SMALL BUSINESS DEVELOPMENT

Currently, great attention is paid to the development of small business, because the problem of small business is the most important in the direction of research in economic theory. For the stable functioning of the economy of any state, the development and strengthening of the activities of small businesses is a key area of economic policy of the state. The development of small business is one of the conditions for Russia's transition to full-fledged market relations, sustainable economic development, and stability in the social sphere. The effective development of small business determines the level of democratization and openness of the economy of our state. This article presents the dynamics of the development of small enterprises in Russia, which consists of the dynamics: the number of subjects of small enterprises; entities related to small enterprises in composition; the number of workers. Based on this, the role and importance of small business is determined. Much attention is paid to the problems of the relationship between business and the state, as well as the effectiveness of the implementation of government support measures. At the present stage, one of the priority areas of state policy in the field of small business is the conclusion on a qualitative level of measures and tools to support small businesses. In this regard, on the basis of strategic planning of the state, the development and implementation of government programs that support the small business are carried out. The article also pays attention to the strategy and prospects of small business development in the Russian Federation. Keywords: small business, state support, development strategy, entrepreneurship, dynamics of small business development, state policy, the role and importance of small business.

Problems of small business in Russia in the conditions of overcoming the pandemic crisis

Problems of small business in Russia in the conditions of overcoming the pandemic crisis

Financial Condition of Small Enterprises in Ukraine: Problems, Tendencies, Prospects

The purpose of the article is to generalize the essential content of the concept of "financial condition ofenterprise" in terms of its constituent components; analyze the main indicators of the financial condition of small enterprises of Ukraine, determine the major tendencies during 2017–2020; substantiate the importance of analyzing their financial condition; draw attention to the relevant problems of small business in modern conditions. The article analyzes the current financial condition of small enterprises of Ukraine for the period 2017–2020. Analyzing, systematizing and summarizing the scientific works of scholars, the approaches to defining the concept of "financial condition" of the enterprise were considered. As a result of the research, the financial condition of small enterprises of Ukraine was analyzed and assessed; the main problems of their activity are highlighted. It is substantiated that the validity of managerial decisions directly depends on the objectivity and timeliness of information about the financial condition of the enterprise. The effective operation of enterprises requires constant control over the receipt and use of financial resources, strict adherence to the disciplineof financial settlements, formation of the optimal ratio between own and borrowed funds, ensuring financial sustainability and solvency.A thorough and timely carried out analysis of the financial condition of the enterprise allowsto see the objective state of its activities, identify problematic aspects, respond to challenges in a timely manner, anticipate and minimize business risks and make the right managerial decisions.

Characteristics of the ERP Systems Designed for Managing Small Businesses

This article mainly aims to introduce the particular charactersitics of the ERP systems, used for managing small businesses, by answering several basic questions related to this topic: What do we generally understand by ERP systems? What is the essence of ERP for small business? What is the role of ERP for small business? What do we understand by small business? What are the characteristics of small business? What is the role of small business in society? What are the basic problems of small business? What is today’s business environment? In this respect, the report introduces the essence and the role of the ERP systems used for managing small business organizations in a structured and summarized way. It shows how the specific characteristics of small business and today’s business environment affect the ERP configurations, compared to those used in large organizations. At the end of the paper, a summary is provided of the characteristics of the ERP systems used for managing small organizations.

Problems of small hotel business development in Ukraine

Purpose of the research.The research purpose is to analyze the problems of small hotel business development in Ukraine. The reasons of problems in the development of small accommodation establishments and optimal ways of their solution are studied. Methodology. Research methodology is based on the use of laws and regularities of economic science; methodology of system approach implying the complex study of specifics of small hotels activity in conditions of stiff competition. The domestic and foreign theoretical, methodological and practical studies on the hospitality industry are used in the research. Results. The theoretical approach to the development of small hotel business as a structural element of the hospitality industry was substantiated, which allowed to reveal the main problems of its development at all levels. It is proved that the hotel services market in recent years has become the subject of interest of medium and small businesses. In turn, it is becoming increasingly popular among tourists. The main ways to solve the problems of small business in Ukraine should be based on the introduction of new standards for hotel customer service and improving the system of consumer protection, as well as stricter requirements to the safety of guests. It is determined that under conditions of constantly growing competition from international hotel companies it is important to reduce the probability of market development under the influence of chain hotels at the national level and to ensure the national preservation of income. Practical meaning. Practical significance of the obtained results is in their usage in solving urgent problems of small hotel enterprises development in Ukraine. Prospects for further research. The prospects for further research are to justify the directions of improving the quality of hotel services in small accommodation establishments.

Специальные налоговые режимы – спасательный круг для малого бизнеса?

Objective: Analysis of the problems of small businesses functioning in the context of the economic crisis aggravated by the pandemic, most particularly economic relations between the state and a tax-payer in the process of taxation of small businesses. Methods: Special tax treatments as one of the tax incentives for small businesses are used, legislative and regulatory acts of state authorities, as well as federal laws. Results: The authors have concluded that the most important challenge the Russian economy is currently facing is to ensure the survival of small businesses, including by ex-panding rather than narrowing the scope of application of special tax treatments. Practical im-portance: The novelty of the research lies in the critical approach to the stance of the state in rela-tion to special tax treatments, which are aimed at creating favorable economic and tax conditions for business deve¬lopment. Therefore, it is extremely necessary to provide real support to small businesses in the context of the economic crisis, aggravated by the pandemic.

МАЛЫЙ БИЗНЕС В СТРОИТЕЛЬНОЙ ОТРАСЛИ ИРКУТСКОЙ ОБЛАСТИ

The role and some problems of small business in the construction industry of the Irkutsk region are considered

Improving the use of Instagram promotion tools as a way to solve small business problems

Subject. Instagram is one of the most promising social platforms for business promotion. It enables to publish and consume visual content that is perceived faster than text by users, and, therefore, to use promotional tools as a solution to problems faced by small businesses. Objectives. The study aims at comprehensive research on improving the use of Instagram promotion tools as a way to solve small business problems, and formulation of recommendations. Methods. The study rests on methods of logical analysis, induction and deduction, comparison and generalization. Results. I consider the features and benefits of using Instagram, the role of this social networking service from a commercial standpoint. The paper presents recommendations that can be used by small businesses for their promotion. Furthermore, it shows how to support the social network in the context of the pandemic, which provoked a crisis of small and medium-sized businesses. Conclusions. The offered recommendations can be considered by small businesses as a practical application, which will eventually increase the efficiency of their activities.

Problems of small business in Ukraine and ways for their overcoming

The essence of small business and the criteria for enrollment of business entities to small enterprises and micro-enterprises, both according to the approach of domestic legislation and European standards are investigated in this paper The place of small business in the state economy and its role in its development is studied. Factors that shape the environment for small business in Ukraine and hinder its effective functioning are formulated. In particular, the legal capacity of small businesses and the biased attitude of law enforcement agencies towards small businesses permanently put pressure on small businesses and complicate the process of their activities. A wide range of inhibitory factors and factors faced by small business in Ukraine are analyzed and studied. The key areas that are most urgently in need of reform are identified, and their detailed and in-depth analysis is carried out. As the result, a list of small business problems in Ukraine is formed and grouped. Obstacles on the part of the tax system include refusal to register tax invoices for unknown reasons, delays in unblocking tax invoices and registration of invoices by tax authorities, as well as unfounded grounds on which taxpayers are included in risky and lack of clear instructions for exclusion from the list of risky. On the part of law enforcement agencies – unfounded criminal proceedings, slowing down the process of returning business entities to normal operation. On the part of labor relations are the complexity and inflexibility of the interaction between employee and employer and the procedure for dismissal of employees; conducting by the employer of documentary administration of labor in paper form; significant dispersion of legal regulation of labor inspections. In terms of availability of funding are non-compliance with the requirements of bank lending and lack of information about international programs, grants and donor funding with the participation of European organizations, as well as government programs to support business. Based on the outlined problems, a number of ways to overcome them, which will bring small business in Ukraine to a new level and strengthen the economic position of the state are formed.

Влияние пандемии на взаимодействие бизнеса и власти: взгляд бизнеса

The paper reviews the impact of the COVID-19 pandemic on the business climate and the activities of Russian union of industrials and entrepreneurs member companies. On the basis of a survey of 480 companies (both Russian and foreign operating in Russia) the changes in the interaction between business and government, regulation, as well as the risks and opportunities faced by companies in the crisis caused by the spread of a new coronavirus infection are analyzed. High demand from business for systemic, including administrative, support measures rather than financial measures was identified during the pandemic. The specifics of the problems of small businesses were analyzed. The cases of transformation of the best corporate practices into legislative innovations are considered, in particular, using labor legislation as a reference. The paper presents the changes in the approach of particular authorities to providing support and communication with the business community, including both negative and positive practices. It also analyzes the trends of digitalization of interaction between business and state, including the risks of insufficient transition to an electronic interaction format. The problems faced by companies while obtaining support, such as excessive requirements and conditions for providing support, complex reporting system and narrow scope of support recipients, are discussed in the paper.

Classification of Franchising and Specifics of Its Types in Business Operation

The development of business can stuck in a series of problems related with market expansion, recruiting of staff in the dealer network, setting interaction channels etc. These can be dealt with by new economic mechanisms like franchising that allows for increasing the effectiveness of small business. But each of its type has advantages and shortcomings, which, if misunderstood, can cause serious risks to the operation of each partner and business on the whole. The article’s objective is to investigate criteria for classification of franchising and business specifics of its types. 
 It is shown that franchising can take various types and forms in business operation, depending on the classification criteria. A detailed discussion of franchising types is given, classified by character of business operation, opportunities and intentions of franchisee, strategy for franchising business expansion, number of franchising enterprises owned by one franchisee, value of franchise, existence of intermediaries between franchiser and franchisee. It is argued that the above given classification allows one to position franchising types in business operation, choose the most appropriate type of franchising or a type of interactions with partners in creating a franchising enterprise, make projections for franchising-based businesses. 
 It is emphasized that franchising is not an all-purpose tool for addressing all the problems of small business; it has a great many shortcomings that may be caused by possible dishonesty of a franchiser or rooted in the very nature of franchising. Two groups of shortcomings specific to franchising are discussed in detail. Advantages of the franchising system are demonstrated by comparing statistical data about the firms operated on franchising terms and by traditional methods; by highlighting the significant role of a ready-made standardized business plan provided by a franchiser to a franchisee, which helps insure the latter from business risks; and easy access of an entrepreneur deciding to launch own business (i. e. a franchisee) to bank loans.

Современные проблемы и перспективы развития малых форм хозяйствования

The article deals with the role and place of small-scale forms of management, which include peasant (farm) farms, personal subsidiary farms of the population (LPH), individual entrepreneurs (IE) operating in the sectors and spheres of agriculture, agricultural organizations with no more than one hundred employees. The author analyzes the dynamics of production indicators in households for 2016-2019, analyzes the dynamics of acreage and gross fruit and berry collections in households. Modern problems of small businesses and prospects for their development are also identified.

Research of problems of small businesses of transport and logistics

The article explores the problems faced by entrepreneurs in the transport and logistics market. In order to identify problems in the development of support for small businesses that do business in the field of transport and logistics, a sociological study was conducted. The survey was conducted, 445 respondents took part in the survey. Respondents are representatives of small businesses in the field of transport and logistics who work in the Krasnodar Territory. The questionnaire consisted of 17 questions. Most of the questionnaires were distributed electronically using the database of the municipal administration. The results include: an assessment of the quality of official information on measures to support small business in the field of transport and logistics, placed in the public domain according to the level of accessibility and understandability; assessment of administrative barriers in the field of logistics and transport; assessment of the activities of authorities in the field of small business development of the transport and logistics market.

FINANCIAL RESOURCES OF SMALL BUSINESSES: INTERNAL AND EXTERNAL FACTORS INFLUENCING THE SOURCES OF THEIR FORMATION

The development of small business is of great importance for the stable development of the economy of any country. Economically developed small business is the basis of the economy of a developed state, so many research papers are devoted to the study of small business problems. Small businesses, because of their size, are more flexible in responding to all changes in the economy and have a greater potential for development. Recently, according to statistics, there has been a decrease in investment activity in small businesses. In other words, small business has become less invested in fixed assets. The observed crisis phenomena in the economy exacerbate the problem of investment financing and confirm the relevance of research on this topic. According to the heads of small businesses, the main reason for weak investment is the lack of financial resources. There is a wide variety of sources of financial resources. Sources of financial resources of small businesses have their own characteristics. However, small businesses are limited in their choice of sources of financial resources, because not all existing sources of financial resources are available and can be actually used by small businesses. There are a lot of number of factors that determine the final version of the structure of sources of financial resources of a small business. The article highlights the main external and internal factors that determine the structure of the sources of financial resources of small business. Internal factors characterize specificity of the enterprise (the legal form of the business, the sectoral specifics of small business, the stage of the life cycle of a small business and the economic characteristics of the businesses), external – the specifics of the external economic environment and industry, condition of the labor market and unemployment rate, financial and credit policy, investment sphere. The author of the article comes to the conclusion that the stage of the life cycle is one of the most important factors that determine the structure of sources of financial resources of small enterprises, since at different stages of the life cycle, the structure of financial sources of an enterprise differs. Among external factors, the author puts the economic conditions in which a small business operates in the first place. In a stable economic situation, a small business will have access to a wide range of sources of financial resources. In an economic downturn, the availability of debt sources is sharply reduced, due to high risks of non-return of funds, in addition, there is a low investment activity of business. The article describes the influence of each factor.

THE ESSENCE OF THE FINANCIAL MECHANISM FOR THE DEVELOPMENT OF SMALL AND MEDIUM BUSINESS

The paper explored the main problems of small business in Ukraine, including: general state of Ukraine's economy, the problem of monopolization of business, low domestic. competition, the lack of sufficient start-up capital, financial capital, imperfect tax system, high levels of corruption, unstable business environment declarative form of state support and others. Determined that solving these problems of small business development in Ukraine should be one of the key areas of public policy, because small businesses will significantly improve the effectiveness of national economic potential, optimization of Ukraine's participation in international division of labor, strengthening the competitiveness of the national economy. The publication considers the essence and the objective necessity of the use of financial mechanisms for the development of small and medium business, discloses a scheme for the implementation of the financial mechanisms of development of small business through financial instruments. The research defines the problems and prospects of effective use of these financial mechanisms in Ukraine.

Європейська інтеграція та підтримка малого та середнього підприємництва в Україні

The article defines the criteria for the distribution of enterprises by their size. A comparative analysis of the development of small and medium enterprises in Ukraine by key indicators, the main trends in the development of small business. A comparative assessment of small business development indicators in Ukraine and the EU is given. The main reasons for the unsatisfactory state of small business development in Ukraine have been identified. The main proposals on possible ways to solve the problems of small business are summarized. The issue of state support for small and medium enterprises in the European Union has been studied. The main goals and principles of small business support in developed countries are outlined, the main mechanisms aimed at the development of small and medium enterprises in Ukraine are presented. The consequences of the impact of European integration processes on the development of small and medium enterprises in Ukraine are determined. Aspects of adjustment of the government policy in the field of business, in modern conditions of integration processes are considered. The systems of business regulation of the EU and Ukraine are analyzed, and recommendations from the experience of European countries for our country are generalized.

THE ARKHANGELSK REGION AS AN ESSENTIAL PART OF THE RUSSIAN NORTH AND THE WESTERN GATE OF THE NORTHERN SEA ROUT

The Arkhangelsk region is one of 11 regions of the Russian Federation within the North-West Federal District (NWFD), which unites two economic regions — the North and North-West. Today it represents the largest region of the whole European part of Russia. The article discusses the changing role of the Archangelsk lands in the historical context and their ability to develop in the modern, sometimes not always simple conditions of globalization of the world economy, where international cooperation comes to the fore, based mainly in this particular case on the export of natural resources, which are rich territory. At this time, the economic activity of the Arkhangelsk region is characterized by the predominant raw material component. Based on this, the most important strategic goal is the reorientation of the regional economy to the production of products of deeper processing and to a certain extent with high added value. This refers to the processing industry. The author pays great attention to the problems of small business in local conditions and focuses on such leading segments of the entire industrial complex as the forest industry and shipbuilding. Due to its geographical position, which is favorable from many points of view, the port city of Arkhangelsk itself is considered as a base for the development of the Arctic territories of the Russian Federation and the further effective use of the Northern Sea Route (NSR). Sincere concern to the creator of the article is caused by the environmental problems of the Arkhangelsk region and measures taken to protect the environment.