id: 35166
Title: Analysis of the development of the financial mechanism of activity of small enterprises on the example of the farm «Iryna – O.T.»
Authors: Aleskerova Yu., Fedoryshyna L.
Keywords: small entrepreneurship, small business, financial mechanism of small business development, FG «Iryna – O.T.», land, profit.
Date of publication: 2023-12-22 12:58:44
Last changes: 2023-12-22 12:58:44
Year of publication: 2023
Summary: It is substantiated that small business has a special role in the socio-economic progress of any country – a potential locomotive of the national economy. Its importance is revealed in a number of economic, investment and social functions. The economic and investment role of small business consists in: mobilization of production factors; saturation of the market with consumer goods and services; stabilization of the market environment; ensuring filling of budgets at all levels; formation and development of a competitive environment, ensuring demonopolization of the economy; implementation of the latest technologies and production of new types of products; conducive to the development of science and scientific and technical progress. In a social sense, small business contributes to employment; satisfying the consumer demand of the population; development of the middle class; acquisition and development of entrepreneurial skills, realization of human abilities. It has been proven that the main goal of a small business entity is to make a profit and satisfy social and personal needs. To achieve this goal, small business entities should direct their activities to the innovativeness of manufactured products (works, services), in particular through: expanding its range, improving technological processes; the ability to recognize and satisfy new consumer needs by introducing innovative ideas and know-how; search for alternative sources of financing and new market niches. In the article, a detailed analysis of the financial mechanism of the development of a small business enterprise of the FG «Iryna – O.T.» is carried out, recommendations are given for the improving its production activity. Proposals for improving the functioning of the company’s financial mechanism were provided.
URI: http://socrates.vsau.org/repository/getfile.php/35166.pdf
Publication type: Статті у наукових фахових виданнях України (Copernicus та інші)
Publication: Економіка, фінанси, менеджмент: актуальні питання науки і практики. 2023. № 3 (65). С. 134-144. DOI: 10.37128/2411-4413-2023-3-9
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