DEVELOPMENT OF A SMALL BUSINESS ENTERPRISE DESIGN ALGORITHM
At the moment, the world is actively developing small businesses. But creating your own business is always a difficult and costly period and not all entrepreneurs fully possess the knowledge that is necessary to launch even the most ingenious idea. A large number of competitors also hinder entrepreneurs in building their own business. Also, the main problem of any entrepreneur is that he thinks primarily about money, and not about his product or service. The article considers the problem of the design algorithm of a small business. This algorithm consists of 8 stages, namely: selection of a product or service, market analysis, competitor analysis, supplier analysis, choice of legal form, choice of tax system, analysis of organizational and managerial structure, choice of premises, search for employees, analysis of basic economic values . The purpose of this algorithm for designing a small business is to reduce the time and cost of preparing the opening of a small business. Thanks to this algorithm, it will be easier for entrepreneurs to start building their own business, and they will also make fewer mistakes in the initial stages of starting their own business.