Small Business: How to Start and Succeed

THIS MATERIAL (INFORMATION) HAS BEEN PREPARED, PUBLISHED, AND/OR DISTRIBUTED BY A FOREIGN AGENT, MEDVEDEV ARTEM PAVLOVICH, OR RELATES TO HIS ACTIVITIES.

How to launch a small business and achieve sustainable results? The book offers a detailed roadmap for opening a business from scratch: from choosing an idea and creating a business plan to selecting a tax regime, registering an individual entrepreneur (IP) or a limited liability company (LLC), hiring staff, controlling costs, building sales, daily management, and further growth. Here you will find practice-based examples, applied recommendations for different real-life work situations, as well as an analysis of typical mistakes entrepreneurs make and ways to prevent them or reduce their consequences. You’ll gain a more realistic understanding of how business is run in modern Russia and which areas look most promising for starting today.

The book draws on significant experience from the author—co-owner of four small companies in different fields (car service, sports leisure, and sales of construction materials), recognized in 2008 as the best entrepreneur of Udmurtia. The edition is intended for everyone who plans to start their own business and make it successful.