The main objective of this article was to present the opportunities and threats development of small- and medium-sized enterprises. The survey showed that the most important internal factor having an impact on firm conditions is location close to sale markets and high quality of products and services. According to entrepreneurs, market development and widening of product range are the main opportunities for development. However, the majority of entrepreneurs indicated financial barriers and competition as the greatest threats. Most of the entrepreneurs indicated low product quality, lack of product suppliers and high prices as the main internal factors worsening their firms’ financial situations.
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