Features of the formation of a risk management system for small business entities
https://doi.org/10.24182/2073-6258-2025-24-3-101-107
Abstract
The article substantiates the need to develop and implement a risk management system in the organizational structure of each business entity in the small business segment. The characteristics of the risk management system and its main elements according to the «COSO concept are given . The objectives of creating a risk management system are defined, and the sequence of actions for its creation is described. The current legislative and regulatory framework in the Russian Federation determining the rules for building a risk management system is considered. The features of small business functioning that determine the advantages and obvious limitations in the formation of such a system are analyzed. The characteristics of popular models that are advisable to use for risk assessment by small businesses are presented, such as SWOT analysis, McKinsey 7S model, PEST analysis. The main problems of creating a risk management system in relation to small businesses are formulated. A conclusion is made about the need to adapt the methodology for building a risk management system taking into account the scale of activity and financial capabilities of the business entity.
About the Authors
E. A. Naumova
Saint Petersburg State Marine Technical University
Russian Federation
Russian Federation
Cand. Sci. (Econ.), Head of Department Department of Accounting and Auditing
Saint Petersburg
A. M. Tyurin
Saint Petersburg State Marine Technical University
Russian Federation
Russian Federation
Master’s student
Saint Petersburg
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Review
For citations:
Naumova E.A., Tyurin A.M. Features of the formation of a risk management system for small business entities. Scientific notes of the Russian academy of entrepreneurship. 2025;24(3):101-107. (In Russ.) https://doi.org/10.24182/2073-6258-2025-24-3-101-107
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