ADVANTAGES OF SMALL BUSINESSES IN ECONOMIC DEVELOPMENT

Abstract

The article discusses a faster adaptation of small businesses to local economic conditions with the development of the economy, the independence of actions of small businesses, flexibility in decision-making and their implementation, relatively low costs in the implementation of effective activities. it is stated that there is a great opportunity to demonstrate the ability of a person to implement his ideas, the advantages of initial capital, such as low demand and the ability to quickly make changes in production processes in response to the requirements of local markets.