Scientific Journal of KubSAU

Everyone knows the up-to-date state of the Russian economy that has arisen due to the foreign influence. The result is financial and economic crisis that began in 2014. This article discusses a strategy to fight the crisis with the help of small business development as the most important sector of the economy. Small business naturally is very vulnerable, and a businessperson faces with many challenges even in the first stages of development of the business. Therefore, they need support from the state, and we have described its kinds in this article. The relevance of this work is indisputable, as in Russia small business is only currently able to get due attention, although the sprouts were planted far in the past. It is the small business has great potential for playing a significant role in maintaining the stability of the socio-economic development of society, due to its characteristics, namely: easy to operate; quick adaptability to market changes; slight start-up capital for his business and many others. It is important to say, that small and medium-sized companies play a significant role in employment, in production of certain goods and in research and production developments