Key aspects of businesses in Kosovo

• Author: Ardian Berisha - Qemajl Sejdija
• Position: European University of Tirana
• Pages: 301-307

European Journal of Economics, Law and Social Sciences

IIPCCL Publishing, Graz-Austria

Vol. 1 No. 1

January 2017

ISSN 2519-1284

Acces online at www.iipccl.org

301

Key aspects of businesses in Kosovo

PhD (C.) Ardian Berisha

European University of Tirana

PhD (C.) Qemajl Sejd a

European University of Tirana

Abstract

By developing organizational activities for the businesses and taking managerial decisions

is realized under continuously pressure of a wide range of forces and factors of internal

and external environment, which have relatively big infl uence in surviving and perspective

of development for their future. Small and medium enterprises are operating with limited

sources, in less secure environment, depending from di erent factors such as clients, suppliers,

lawmakers, banks, accountants, lawyers, property owners and many others.

Sector of small and medium enterprises has uncounted potential to contribute in economic

growth, creating new jobs and decrease of poverty. However, for small and medium enterprises

to give the desired e ects, entrepreneurs must be motivated to start legal businesses in order

for their enterprises can survive. Business environment is an important factor that helps

them survive. Unfavorable environment with high taxes, corruption and oppressiveness

bureaucracy, inhibits their success.

Keywords: SME, Business environment, Factors.

Introduction

In the making of this paper national and international literature is reviewed, and

are analyzed central and local institutions in our country that can infl uence the

improvement of environment for the development of small and medium enterprises.

In the frame of the establishment of favorable environment for economic development,

it is necessary the participation of central and local administration, chamber of

commerce, business centers and incubators, economic associations, entrepreneurs,

with the scope to analyze opportunities and restrictions of internal and external factors

in creating favorable environment for developing small and medium enterprises and

for the whole economy.

Theoretical aspects on businesses

The business concept is derived from the English word “Business”, which means the

work activities in order to get economic benefi ts. Throughout history, small business

received modest a ention. Historians have made e orts to register their contribution

into the society, even the fi rst known writing appeared more than 4000 years. It

describes how bankers are borrowing money with interest. Since that time, people

of small business were backbone of renovators, of many economies that secures