Opening a business in a crisis period: strategies and opportunities

Abstract

The global economy often faces crises caused by a variety of factors. Among the main factors affecting the global and national economies are military conflicts that disrupt production chains and destroy economic ties between countries and political instability accompanied by changes in government, sanctions or the introduction of new regulations. Despite all these challenges, entrepreneurship remains one of the key drivers of economic development, and in times of instability, it becomes not just a means of securing one's own income, but also an important tool for creating jobs, supporting economic activity and introducing innovative solutions.