Modern prospects of small business

The prospects of small business are connected with the understanding of the fact that it occupies one of two niches in the economy. The first of these is the start of new business areas. The second niche is an aid to the average, but more often big business. In our conditions, about 10-20% of small businesses work in the first niche. In the second niche – 80-90% of small businesses.

In other words, the vast majority of small businesses work as assistants to big business and, accordingly, depend on it. For example, service stations are assistants to car manufacturers and spare parts for them. The sphere of trade is the assistants to the producers of goods. Travel agencies are assistants to tour operators. Continue reading →