Modern Methods of Managing Financial Risks in Small Business

Abstract

This scientific article analyzes modern methods of managing financial risks in small businesses and their effectiveness. The study examines the mechanisms for classifying financial risks , identifying, assessing and monitoring them. It also examines in detail the possibilities of digital technologies, financial platforms and “smart-business” systems for forecasting, controlling and automating risks. The article presents scientific foundations for strengthening financial stability in small businesses, effectively distributing investments and increasing economic efficiency through systematic, functional, comparative and empirical approaches.