OPPORTUNITIES FOR STRATEGIC DEVELOPMENT
OF SMALL BUSINESS IN BULGARIA

Venelin Terziev¹*, Nikolay Nichev², Evgeniy Stoyanov³, Marin Georgiev⁴, Plamen Bogdanov^5
1Corresponding Member of the Russian Academy of Natural History, Moscow, Russia Professor, Ph.D., D.Sc. (National Security), D.Sc. (Ec.), University of Rousse, Rousse, Bulgaria; National Military University, Veliko Tarnovo, Bulgaria; University of Telecommunications and Post, Sofia, Bulgaria, terziev@skmat.com
²Colonel Associate Professor, Ph.D., National Military University, Veliko Tarnovo, Bulgaria, nicheff@gmail.com
³Professor, Ph.D., D.Sc. (Ec.), Agricultural University, Plovdiv, Bulgaria, evg_stojanov@abv.bg
⁴National Military University, Veliko Tarnovo, Bulgaria, clementon@abv.bg
⁵Brigadier General, Ph.D., National Military University, Veliko Tarnovo, Bulgaria, vrousse@abv.bg
*Corresponding author

Abstract

The article examines the relationship between the socio-economic categories "strategy" and "small business", which are the key factors for the success of the economic system in Bulgaria. The aim of the project is to reveal and prove the prospects for improvement of the small business through the rational application of strategies. The purposeful decomposition of the goal is related to tasks revealing the evolution of the "strategy" category and finding opportunities to interact with the processes that drive small businesses. The accumulation of evidence is based on a principle basis, while the registered trends based on analyses are synthesized. On this basis, the expose is committed to substantiating the main thesis of development, which states that the application of strategies and strategic thinking in the development of the small business phenomenon is an important factor for its stable development and appropriate improvement.

Keywords: strategy, model, small business.