Published October 7, 2023 | Version v1

METHODS OF EVALUATING THE EFFICIENCY OF SMALL BUSINESS SUBJECTS BASED ON DIVERSIFICATION

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In this article, it can be seen that the share of small business and private entrepreneurship activity is increasing in the economy of many countries in the current globalization conditions, rather than large enterprises. An increase in the share of workers and production in small enterprises of industrialized countries was determined. The emergence of new small businesses has come to be seen as a major source of employment, wage income and, consequently, welfare growth. Most small and medium enterprises play a major role in the economy, especially in developing countries.

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