INSTITUTIONAL BASICS OF SMALL BUSINESS

Abstract

There are economic centers of development in many countries. Most of them concentrated in capital and administrative centers. The importance of small business is to allow develop business, to produce products and to provide services in everywhere. Especially it is important for the regions, towns, district centers and villages. Organization and further support if small business in regions will increase the level of employment of the population, increase tax revenue to local budgets, promote the level of competition, implementing innovation and so on.