FINANCIAL SECURITY AND MANAGEMENT OF FINANCIAL STABILITY OF SMALL ENTERPRISES IN THE CONDITIONS OF CYCLICAL ECONOMY AND WAR

Abstract

The article is devoted to the study of indicators of financial security of enterprises in conditions of cyclical economy and war. The author analyzes the main threats affecting the financial stability of business, in particular, the destruction of infrastructure, disruption of logistics chains, lack of financial resources, devaluation of the national currency, inflation and a decrease in the purchasing power of the population. It is determined that traditional methods of assessing financial security do not take into account the specifics of crisis situations and therefore need to be adapted to modern challenges.

The article discusses the key indicators of financial security, including financial stability, liquidity, solvency, debt burden, profitability, level of financial autonomy, and efficiency of risk management. Methods for assessing financial security, such as analysis of financial ratios, stress testing, scenario analysis, and rating models, are identified, which allow enterprises to respond quickly to economic threats and develop resilience strategies.

Special attention is paid to the role of state support in strengthening the financial security of business. It is proved that effective measures, such as tax breaks, subsidies, state guarantees and special loan programs, help to maintain the financial sustainability of small businesses. The article also emphasizes the importance of diversifying sources of income, optimizing costs, managing financial sustainability, liquidity, and implementing crisis financial management strategies. In the context of war, enterprises face unprecedented challenges that require rapid adaptation of financial strategies and the use of flexible resource management mechanisms.

The article emphasizes the need to monitor financial security at the level of enterprises and the state, as well as to implement effective mechanisms for managing financial sustainability and risks. The proposed recommendations can be used to increase the financial resilience of enterprises in crisis conditions, ensure their financial stability and maintain competitiveness in the market.