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Running Small Businesses in Moscow and St. Petersburg is Becoming Less Profitable
23.04.2019 07:06
Running Small Businesses in Moscow and St. Petersburg is Becoming Less Profitable

Running small businesses in Moscow and St. Petersburg is becoming less profitable: business payback periods are growing; investment attractiveness and profitability are decreasing. Corresponding conclusions were made by the authors of the study titled “Tachometer of Small and Medium Businesses. Version 4.0. The Results of the Year 2018” performed by the “2B Dialogue” consulting company: 1.6 thousand entrepreneurs have been interviewed.

      In 2017, for receiving one rouble of revenue, an investor had to invest from 0.2 to 2.4 roubles. In 2018, this amount rose to 0.2-3.2 roubles. The investment attractiveness of pharmacies has dropped the most: in 2017, for receiving one rouble of revenue, it was necessary to invest 0.4 roubles, in 2018 the amount rose to 1.7 roubles. This sphere is followed by car services (0.6 roubles in 2017 against 3.2 roubles in 2018) and hostels (0.7 against 1.8). Relative stability is shown by grocery stores (the amount has remained within the range of 0.2-0.4 roubles since 2013).

      Read More Articles about Russian Economy and Business


Author: Anna Dorozhkina

Tags: Russian business Russian economy    

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