Small business in Russian regions: development under crisis conditions

Abstract

The basic problems of small business functioning in the regions of Russia and the need to develop tools of the functioning effectiveness assessment were considered in the article. The authors propose an algorithm analysis of small and medium business in the region, which includes two enlarged stages and based on multivariate analysis. The method was tested on the basis of statistical data on the functioning of small businesses in the South Russian regions. The analysis of the operation of a small business, an assessment of its financial condition by region were implemented. Authors identified the main components of the functioning of small business in the regions, which are the basis for clustering regions on the functioning of small businesses