Review article

Small business is the basis for the well-being of the economy of the state. In addition to the state support, a favorable investment climate and the overall economic situation, very important is the selected management concept for the stability and development of small businesses. The article analyzes the role and state of small business in the crisis period in the Russian Federation. Conclusions are made about the role of managerial activities for achieving success of the enterprise. The main features of managerial activity are presented and analyzed in regard to a small enterprise. Special attention is paid to the impact of the management activity functions at a small enterprise.