Small and medium-sized enterprises: key problems and ways to overcome (using the example of the Luhansk People’s Republic)

Entrepreneurship, being an independent and independent element of the market economy, contributes to the structural restructuring of the economy, strengthening the economic base of the regions, increasing production volumes, creates a favorable environment for the development of competition, new jobs, and most dynamically develops new types of products and economic niches. However, its development is accompanied by certain difficulties, namely financial constraints, bureaucratic barriers and weak innovative activity. A comprehensive system of support for small and medium-sized businesses is affected. The article analyzes the development of small and medium-sized businesses in Russia: the determining factors, key trends in recent years and the dynamics of the main indicators are considered. Separately, it was assessed how measures of an integrated system of support for small and medium-sized businesses affect the efficiency of enterprises. An analysis of the main indicators of the activities of small and medium-sized businesses in the region was carried out and the main barriers faced by small and medium-sized enterprises while adapting to new conditions were identified.