Development of small business in tourism

The article discusses approaches to the development of small business in tourism. It is established that state support and state regulation of innovation and investment activities of small tourism enterprises are becoming especially relevant. To do this, you can use a financial regulation tool for the innovative development of small tourism enterprises. The essence of this tool is determined by the financial impact on the redistribution and allocation of resources for innovative development. Also, within the framework of the state’s budget policy, it is necessary to make direct investments in innovative programs for the development of small tourism enterprises through targeted budget allocations. It is proved that budget financing is of particular importance, since there is a low level of quality of tourist services, a high level of monopolization. Therefore, the state should have a system of tax preferences for the intensive development of innovation and investment activities of small tourism enterprises. It is established that the generalized approach of factor analysis of the profitability of assets of a small tourist enterprise using an adaptive model may consist of several factors. The first factor characterizes the profitability of financial resources invested in the assets of a small tourist enterprise from the main operating activities. The second factor shows the economic efficiency of using assets from other operating activities. The third and fourth factors allow us to assess the burden of administrative and implementation costs.