Breaking Even In Transition Russia: Problems And Prospects For Small Business In The World's Largest Country

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Abstract

Opening a business in any market can be a difficult but rewarding experience. In Russia, the experience can be even more rewarding as the market potential is vast, and a new business often may be the first of its kind and offer previously unavailable products. However, the pitfalls and barriers to opening new businesses are severe and require a sustained effort with good local partners. This paper discusses several important areas of opening a business for the practitioner in Russia in the year 2000 and beyond.

Original languageAmerican English
JournalSouthern Business Review
Volume26
StatePublished - 2000

Keywords

  • Market Potential
  • Problems
  • Small Business
  • Startups
  • Transition Economies

DC Disciplines

  • Business
  • Growth and Development
  • International Business

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