PRIORITY DIRECTIONS FOR THE DEVELOPMENT OF SMALL BUSINESSES IN UZBEKISTAN

Primov Mukhiddin Narzullayevich; Nilufar Rizayeva Oblakulovna; Primova Manzura Abdimuradovna

Authors

Primov Mukhiddin Narzullayevich Professor, PhD of Philosophy, Department of Social Sciences, Tashkent State University of Economics
Nilufar Rizayeva Oblakulovna Senior Lecturer, Department of Social Sciences, Tashkent State University of Economics
Primova Manzura Abdimuradovna Teacher of the Department of Special Sciences, Polytechnicum No. 2, Chilonzor District, Tashkent

Keywords:

Small business, economic reforms, Uzbekistan, business environment, market mechanisms, private sector, regulatory framework, financial support, management principles, cloud collaboration, GDP, entrepreneurship, sustainable development.

Abstract

This article discusses the priority directions for the development of small businesses in Uzbekistan, emphasizing the importance of free market mechanisms, competition, and private property protection in economic reforms. It highlights the role of small businesses in the country’s GDP, noting fluctuations in their share due to the growth of large enterprises. The article outlines key measures for enhancing the business environment, including improving regulatory frameworks, ensuring financial support, and strengthening market infrastructure. Additionally, it underscores the significance of effective small business management, emphasizing modern tools such as cloud collaboration systems. The study concludes that adhering to organizational principles and adapting management strategies are crucial for sustainable business growth and economic development.