State Support For Small Business To Overcome The Sanction Crisis In Russia

Abstract

The economic crisis caused by sanctions in the spring of 2022 in Russia, taking into account the consequences of the coronavirus crisis, has a significant negative impact, primarily on small and mediumsized businesses, since they are the least protected and require urgent financial support from the state. The system of state support for small businesses should constantly take into account the strategic direction of changing their activities, which is constantly emphasized by economists in their scientific works. The article summarizes the existing problems of the development of small and medium-sized businesses and anti-crisis measures to support entrepreneurs by the government of the Russian Federation, knowledge of which will allow the owners of small and medium-sized businesses to orient themselves in their application in a timely manner, reduce risks, and maintain the work of companies. Conclusions are drawn about the need for a fundamental change in the relationship and interaction between business and government. It is proposed to systematize the criteria for classifying enterprises as small and mediumsized businesses, taking into account the sectoral nature of the production of goods and the provision of services; review the mechanism of tax administration of small businesses; reduce the high proportion of filling documents and reporting; create favorable credit conditions.