I. Ugrimovа, A. Gryshchenko. Problems of risk in the system of crisis management small businesses.

Abstract

The issues of small businesses survival are critical and require using a new methodological approach in management of their activities with the mutual integration of anti-crisis management and risk management methods. The advisability of its implementation in the diagnostic provision of anti-crisis financial management in this article is based on the financial analysis and subsequent processing of financial indicators of a sample of small businesses, with the justification of the scientific and methodological principles of integrated assessment of the financial risks level and formation of preventive anti-crisis measures. The practicality of this approach lies in the fact that a head of a small business has the opportunity independently, using the Excel application, to assess the level of risk based on assessing the achieved potential with minimizing subjective influences and to determine management priorities to maintain the financial safety of the enterprise operation. This is shown on the example of the proposed approach approbation on the actual data of one of the sample population enterprises. Using the proposed methodology for risk assessment and recognition of the priorities sequence, an investor (creditor) is also able to assess the feasibility of its participation in financing activities of the company or a certain set of them.