Current state of micro and small agribusiness in Ukraine

Purpose. The purpose of the article is to reveal the peculiarities of functioning of micro and small agribusinesses in Ukraine, to identify the negative factors influencing the result of such enterprises and to formulate directions for the development of small agribusiness. Methodology / approach. The methodological basis of the research is a systematic approach to the study of economic phenomena. Among the special methods, the abstract-logical method was used to highlight the peculiarities of functioning of small enterprises of Ukraine and to formulate conclusions and recommendations; economic-and-statistical, in identifying trends and patterns of development of micro and small enterprises; method of comparison, in the study of the dynamics of individual indicators and graphical, in the analysis and presentation of statistical data. Results. The problems of the current state and dynamics of development of micro and small agricultural enterprises are considered. The results of the analysis of functioning of such enterprises and their importance in agribusiness of Ukraine are presented. The negative factors influencing the result of small business activity and the need for state support are highlighted. The necessity of innovative development of micro and small agribusiness is substantiated. The basic directions of formation and development of small agribusiness for the future are investigated. Originality / scientific novelty. Author's interpretation of the term «agribusiness» is provided; the peculiarities of the functioning of micro and small enterprises in Ukraine, determination of their main components received further study; the place of such enterprises in the modern agribusiness is determined and the main directions of development are formed. Practical value / implications. The concrete measures on directions of small agribusiness development in Ukraine are offered. Improvement of the tax system and availability of agribusiness lending are among the main ones.