SMALL BUSINESS MANAGEMENT SKILLS: KEY SKILLS AND APPROACHES

Abstract

The development of small enterprises is a driving force for the development of the economy, plays an important role the role in the growth of the well-being of the population, solving socio-economic problems. Small enterprises are the basis of the economy. The efficiency of small companies and their competitiveness largely depend on the level of management. Therefore, the formation of a management strategy aimed at increasing profits, reducing financial risks and ensuring liquidity is becoming an important aspect of the policy of such enterprises. Addressing these issues during the development of market relations is key to the sustainable and balanced development of small enterprises.