Smulkaus ir vidutinio verslo plėtros galimybės

Abstract

Globalization, competition, rapidly developing technologies force small and midsized business to take actions to achieve an advantage of effectiveness and competition as the expansion and development of large business structures happens on the account of small and midsized business. The latter being mobile, changing and varying as well as offering additional job vacancies and leading to the reduction of the country's unemployment level, promoting the development of separate regions, one of the first reacting towards the market needs of demand and supply and the fastest to adapting them, these companies have an influence on the increase of the country economy. Therefore it is the small and midsized business to be of the first importance in the country's economy structure. The development of the small and midsized business has gained an exceptional priority after Lithuania joined the European Union. Being fostered by the inner and outside activities in the state, the recent year rates of the evolution of the small and midsized business impacted accelerated processes of the company establishing and activity increase. The significant role has been played by the EU financial support, activated commercial banks actions granting credits, as well as increased consumption. The carried out SWOT analysis demonstrated that the bankrupt amount has influenced the level of unemployment, foreign indirect investment, the total number of companies and residents in Lithuania. Such factors as the indexes of GDP and inflation, the development of import and export, the level of salaries and tax load which are prominent for an effective company activity also do function an important role but not the main. The main small and midsized business means to fight constantly increasing competition is to make a working day longer, seek new markets or reduce the volume of production and services. The entrepreneurs pay major attention to the macroeconomic indicators such as political environment, increase of GDP, the development of infrastructure and the membership of the ELf. As far as it concerns the lack of qualified labour force, it is one of the most unfavorable macroeconomic indicators. In addition, financial crises on enhanced crediting costs, existing inflation and a rapid economy deceleration must be pointed out as well.