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October 3, 2025Scientific notes of the Russian academy of entrepreneurshipOpen Access

Features of the formation of a risk management system for small business entities

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Authors

ENElena Arkadyevna NaumovaATA. M. Tyurin

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Implication

This article outlines the risk management system features in small businesses, emphasizing legislative frameworks and implementation strategies.

Key Points

  • The risk management system's implementation is crucial for small businesses to address specific needs and constraints involved.
  • Defining objectives and actions to establish a robust risk management system are highlighted as key steps within the small business sector.
  • Regulatory frameworks in the Russian Federation provide guidelines for building an effective risk management system for small entities.
  • Models like SWOT analysis, McKinsey 7S, and PEST analysis are recommended for assessing risks pertinent to small business operations.

Cite This Study

Naumova et al. (2025) studied this question.

synapsesocial.com/papers/68e03501f0e39f13e7fa3767https://doi.org/10.24182/2073-6258-2025-24-3-101-107
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