Voronezh, Voronezh, Russian Federation
The role and importance of small and medium-sized businesses in modern economic realities is gaining positive growth in the country's economic activity. The functioning of modern small enterprises (SE) in the Russian economy is subject to a high degree of uncertainty, which is characterized by high risks in a competitive environment, in the provision of external financial resources, and in imperfect tax and legal legislation for small businesses. These risks give rise to an increase in the insolvency of small businesses, which can lead to bankruptcy. The condition for the sustainable development of small businesses in the Russian Federation is not only the reduction of risks for small businesses, but also the provision of timely operational analysis, assessment of the risk of enterprise insolvency and the formation of effective vectors of management decisions aimed at quickly eliminating factors contributing to the insolvency of an economic entity. The article discusses management decisions aimed at increasing the solvency of a small enterprise.
small enterprises, risk, insolvency, bankruptcy, management decisions
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