Small business in Russia
One of the most active forms of the country's economy is entrepreneurial activity, which has become a catalyst for the development of innovative solutions (including nanotechnology). One of the types of entrepreneurial activity is small business
Small business in the Russian econom
The main feature of small business is the flexibility of its participants. In the conditions of a constantly changing market and, as a result, changes in the economy, small business must adapt to new conditions as quickly as possible with minimal losses for itself
Small businesses have a great interest in each individual employee, as the efficiency of the business is directly related to the activity of its individual members
Small businesses create new jobs and thus reduce unemployment in the country. Therefore, the state is interested in supporting and developing small businesses
According to Rosstat, the number of small businesses in modern Russia is constantly growing. The share of small and medium-sized enterprises in the country is about 20% of GDP
State support programmes for small businesses are quite diverse
The main directions of state support for entrepreneurship ar
- Grants
- Subsidies
- Creation of business incubators
- Guarantees and other types of funds
Statistics of small business in Russia until 2017
According to statistical data, there are 6 million subjects of small business in Russia. If in 2014 and 2015 there was a decrease in the number of such businesses, in 2016 the share of domestic small businesses grew by 8.5 per cent. This growth is largely due to government subsidies and a favourable tax regim
In addition to government support, the number of funds investing in Russian start-ups has increased. In 2015, investments totalled RUB 13 billion, and in 2016, RUB 17 billion. Sanctions have also played a fairly serious role in changing the Russian economy. However, the imposed restrictions have largely contributed to the development of new companies, which have managed to use the principles of import substitution and increase production
Small and medium-sized business in Russia. Problems and prospect
The main problems of small and medium-sized businesses in the Russian Federation are
· complexity of registration, registration of IE and opening a bank account
· low-skilled personnel and lack of production bases, as well as low protection of rights
· difficulties in establishing relations with suppliers, problems with legalization of capital, hence, with the registration of the enterprise
· low credit availability
The prospects for the development of small and medium-sized businesses in Russia directly depend on the government's ability to create a system where the rights of entrepreneurs will be reliably protected. A well-established legal system will greatly simplify the registration and licensing procedure
Another stage necessary for the development of small and medium-sized businesses is the elimination of administrative barriers for entrepreneurs. The registration procedure should be simplified
For the progressive development of entrepreneurship it is necessary to reduce taxes and a modern system of insurance of all kinds of risks
To summarize, we can say that the main criterion for the success of small business is the interest of the state in it and its assistance.
the original article:
https://www.expocentr.ru/ru/articles-of-exhibitions/17035/