FEATURES OF SMALL AND MEDIUM-SIZED BUSINESSES IN RUSSIA

Abstract

The article examines the features of small and medium-sized businesses in Russia since 2019. Its role in the modern market economy and directions of development are revealed. The article examined statistical data on the small and medium-sized business sector: employment, profitability, share in GDP, dynamics of the number of enterprises, and also analyzed the state of the business climate of small and medium-sized enterprises in Russia using the RSBI index. The dynamics of these indicators over the past four years are considered. It is noted that the main point of development of the sector is the increase in its share in GDP; in developed countries this figure is significantly higher than in Russia: in our country it has been at a low level throughout 2019-2021. The article also analyzes the role of small and medium-sized businesses in the economy of the Udmurt Republic: indicators such as the share of small and medium-sized businesses in the republic’s GRP, as well as the share of loans to small and medium-sized businesses in the total issuance of loans by banks are considered. The topic of the efficiency of economic activity of small and medium-sized enterprises in Russia and labor productivity in them is considered. The directions for the development of measures to support small and medium-sized enterprises are analyzed. A comparison has been made of some aspects of running and features of small and medium-sized businesses in the USA. The main directions for the development of SMEs have been identified and disclosed. The importance, weaknesses and strengths of small and medium-sized businesses in Russia, as well as ways to improve the situation of small and medium-sized businesses in Russia are analyzed. New directions for the development of small and medium-sized enterprises have been studied.