Basic approaches to the concept of a small businesses

Small businesses are an essential part of the national and regional economy, they largely determine the direction of specialization and the level of economic development, are important factors for social and sustainable social development and can reduce the geographic imbalance of economic space. Speaking about small business, it is necessary to pay close attention to management in these organizations, since management in a small enterprise differs from the management system in a large, multi-structural enterprise, where an extensive management system with managers of various levels is usually formed.