ASSESSMENT OF BUSINESS CLIMATE IN THE SERVICE SECTOR AND CRITERIA FOR SMALL AND MEDIUM ENTERPRISE DEVELOPMENT
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Abstract
The article examines the business climate in the service sector as a key factor in the development of small and medium enterprises. The main economic, institutional, and organizational conditions for doing business that affect the functioning of service sector enterprises are analyzed. Special attention is paid to the criteria for the development of small and medium enterprises, including indicators of financial stability, innovation activity, employment, and competitiveness. Based on the analysis conducted, the main problems and prospects for improving the business climate are identified, and directions for state and corporate support for small and medium business entities in the service sector are determined.
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References
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