Bìznes Inform (Sep 2018)

The Synchronization of Ukrainian Practice of Conducting and Developing Small Business with the European Standards

  • Strilets Victoriia Yu.

Journal volume & issue
Vol. 9, no. 488
pp. 105 – 111

Abstract

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The article is aimed at studying, comparing and systematizing the experience of conducting and developing small business in the European countries concerning Ukrainian practice. Analyzing and evaluating the main advantages of the EU experience in the management of small business, the possibilities of its synchronization in the Ukrainian realities of small businesses functioning are defined. As a result of the study, the need to bring Ukrainian standards of entrepreneurship to European norms is recognized; criteria for synchronization of small business financial provision practices are determined; the «qualitative structure» of small business entities both in Ukraine and in the EU is researched; priority areas of activity in the sphere of small business are identified. The carried out analysis helped to allocate a list of problems that hinder synchronization of Ukrainian standards with the European standards of conducting small business. Emphasis is placed on the need for objective and transparent monitoring of the status of small business, it is determined that studies carried out by foreign organizations on the status and level of small business development in Ukraine are more realistic than domestic ones. Prospect for further researches in this direction is definition of practical recommendations and tactical actions on adaptation of positive world experience of conducting and developing small business in Ukraine together with elimination of existing problems as to the related business activities.

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