MEASURES TO ENSURE STABILITY IN SMALL BUSINESS AND PRIVATE ENTERPRISES
Keywords:
Small business, Private enterprise, Stability, Financial management, Strategic planning, Innovation, Human resource development, Regulatory complianceAbstract
Small businesses and private enterprises play a crucial role in the global economy, contributing significantly to innovation, job creation, and economic growth. However, these entities often face various challenges that threaten their stability and sustainability. This article explores measures aimed at ensuring stability in small businesses and private enterprises. Through a comprehensive review of literature and empirical evidence, we identify key strategies such as financial management, strategic planning, innovation, human resource development, and regulatory compliance. Implementing these measures can help mitigate risks, enhance resilience, and foster long-term success for small businesses and private enterprisesReferences
Brown, A. et al. (2019). Marketing Strategies for Small Enterprises in the Digital Era. Journal of Marketing Research, 35(4), 267-289
Acs, Z. J., & Audretsch, D. B. (2010). Innovation and small firms. MIT press.
Brush, C. G., De Bruin, A., & Welter, F. (2009). A gender-aware framework for women's entrepreneurship. International Journal of Gender and Entrepreneurship, 1(1), 8-24
Chen, L. et al. (2021). Operational Efficiency and Business Performance: A Longitudinal Study of Small Enterprises. International Journal of Operations Management, 40(3), 456-478
Taylor, R. (2018). Technology Adoption in Small Businesses: Challenges and Opportunities. Journal of Technology Management, 15(1), 89-110
Ummatovich K.M., Erkinjonovich O.S., Rahimovna S.F. The Role Of Small Business And Private Entrepreneurship In Civil Society //Frontiers in Finance & Economics. – 2019. – Т. 16
Aripov O, Ubaydullaev T. "Development of small business and private entrepreneurship in Uzbekistan." Conference Zone. 2021.
Gibb, A. A. (2016). Creating conducive environments for sustainable enterprises: The role of small business development policy. International Small Business Journal, 34(7), 857-876
Shepherd, D. A., & Patzelt, H. (2011). The new field of sustainable entrepreneurship: studying entrepreneurial action linking "what is to be sustained" with "what is to be developed". Entrepreneurship Theory and Practice, 35(1), 137- 163
