The Impact of Internet-Technologies Development on Small Business Success in Russia

Abstract

The Internet is an important instrument for small businesses if it is used correctly, otherwise it can be a dangerous problem. Regardless, the Internet has started a process of innovation that is transforming the way people are planning to do business. This essay examines the Internet and its different approaches used within small businesses; it takes into consideration some aspects such as piracy and forgery, social networks, and websites. This paper gives a prospective of this phenomenon in different countries, first in Russia, then in Europe, and finally in the USA. The aim of this essay is to analyze how the Internet can transform the life of small businesses then it examines the possibility of the development of this new market sector. Finally, the essay outlines and considers the benefits of using the Internet in terms of services received, for example with banks or with national institutes rather than only in terms of sales potential and communication with customers.