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The impact of small business on the development of single-industry towns

Link for download: The impact of small business on the development of single-industry towns.docx

Authors: Alexander Nikolaevich Kostyrev

Annotation: The article is devoted to the analysis of the role of small business in the development of single-industry towns, current trends and challenges for its functioning. The paper considers the key advantages of small business development for single-industry towns, such as creating new jobs, increasing employment, diversifying the economy and attracting investment. At the same time, obstacles to the development of small businesses in single-industry towns have also been identified: lack of financing, imperfect infrastructure, bureaucratic barriers and limited access to sales markets.

Keywords: Single-industry town, Urban-forming enterprise, Diversification, Investment climate


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