Analysis of the state of small business in the Republic of Tyva

An analysis of the current state of small and medium-sized businesses in the Republic of Tuva requires developing a strategy for further growth and addressing emerging challenges. Small business development remains a key area of socioeconomic development in the republic. The purpose of the study is to assess the current state of small business in the Republic of Tyva using mathematical methods to analyze data to identify the main problems and limitations and a mechanism for promoting the development of small business in the region. Research hypothesis: to identify the key issues hindering small business development. Research methods: based on official statistics from Rosstat, reports from the republican ministries of economic development, industry, and finance, and mathematical methods to identify the specific features of small businesses. The objectives of the study are to examine the current state of the small business sector in the region and identify trends and challenges. Research results: based on official statistics from Rosstat, it was revealed that only 25% of the economically active population of the republic is employed in small businesses. The majority of entrepreneurs are concentrated in the capital of the republic, which poses a risk of lagging behind in the socioeconomic development of rural areas.