Last decade in Georgia the main drivers of economic growth were foreign direct investment (FDI) and banking sector development. Since global financial crisis of 2007-2008, business activity in Georgia has been constrained by weak FDI and slow global recovery. The revision of Georgian pre-crisis to post-crisis strategy consists of diversification of investment sources. FDI should be accomplished by internal (private) investment, the main generators of which are SMEs. Nowadays SMEs contribution to economic growth is insignificant. The importance of SME sector is under evaluated by Georgian society and government.

The purpose of this paper is to identify some trivial reasons of bankruptcy of business in Georgia. One of the main reasons of existing failures is business startups are related to lack of knowledge of business principles and of the negligence of their usage in practice. There is analysis of the existing problems of the people, which lost their property because they took a loan from the bank and (mostly) from private money lenders without any real justification.The analysis shows that in spite of well-known, simplest requirements for successful business activity most of Georgian business beginners have ignored them. The paper shows that to avoid failure and bankruptcy of business is possible only on the basis of deep and broad study of the real conditions of business activity and gives several practical advices for business startups. The paper also offers short program of business education in order to assist business beginners to get acquainted with the most elementary knowledge of business activity.

Statistics evidence that drivers of pre-crisis model of economic growth in Georgia (foreign direct investment and financial/banking sector development) are constrained. The modification of pre-crisis to post-crisis model consists of further reorientation from consumption to investment component of GDP and diversification of investment sources. FDI have to be accomplished by internal (private) investment, the main generator of which are SMEs. SMEs gather small private savings and transfer them to private investment. SMEs might play a greater role in country's economic growth.

Nowadays world economy is becoming more and more integrated due to regional integrations. Many economists, politicians argue about theeffectiveness of these regional integrations. The purpose of the research paper is to analyze the functions of these integrations, their goals,aims and the benefits for the member country. The research was conducted by several methods, the previous researches about the regionalintegrations issue were analyzed; the survey and interview were conducted. The result is that the membership of some influential and strongregional integration gives some benefits to the country; many countries have been developed and made impressive progress with the help ofregional integrations. But to conclude, behind the benefits there is politics on which the policy of international organizations and their actionsdepends. Sometimes a member country has to give up its independence and freedom of choice, it should act more carefully, because it is partof integration and has higher responsibility.