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

Document Type

Article

Publication Date

9-2000

Publication Title

Southern Business Review

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.

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