3)The role of small business in foreign economies and in the Belarussian economy.

Small businesses are a continuing source of dynamism for the American economy. They produced three-fourths of the economy's new jobs between 1990 and 1995, an even larger contribution to employment growth than they made in the 1980s. They also represent an entry point into the economy for new groups. Women, for instance, participate heavily in small businesses. The number of female-owned businesses climbed by 89 percent, to an estimated 8.1 million, between 1987 and 1997, and women-owned sole proprietorships were expected to reach 35 percent of all such ventures by the year 2000. Small firms also tend to hire a greater number of older workers and people who prefer to work part-time. 

A particular strength of small businesses is their ability to respond quickly to changing economic conditions. They often know their customers personally and are especially suited to meet local needs. Small businesses -- computer-related ventures in California's "Silicon Valley" and other high-tech enclaves, for instance -- are a source of technical innovation. Many computer-industry innovators began as "tinkerers," working on hand-assembled machines in their garages, and quickly grew into large, powerful corporations. Small companies that rapidly became major players in the national and international economies include the computer software company Microsoft; the package delivery service Federal Express; sports clothing manufacturer Nike; the computer networking firm America OnLine; and ice cream maker Ben & Jerry's. 

Of course, many small businesses fail. But in the United States, a business failure does not carry the social stigma it does in some countries. Often, 

experience for the entrepreneur, who may succeed on a later try. Failures demonstrate how market forces work to foster greater efficiency, economists say. 

4)How to start one’s own business.

Starting a business involves planning, making key financial decisions and completing a series of legal activities. 

Step 1: Write a Business Plan 

Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully. 

Step 2: Get Business Assistance and Training 

Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business 

Step 3: Choose a Business Location 

Get advice on how to select a customer-friendly location and comply with zoning laws. 

Step 4: Finance Your Business 

Find government backed loans, venture capital and research grants to help you get started 

Step 5: Determine the Legal Structure of Your Business 

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative. 

Step 6: Register a Business Name ("Doing Business As") 

Register your business name with your state government. 

Step 7: Get a Tax Identification Number 

Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency. 

Step 8: Register for State and Local Taxes 

Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance. 

Step 9: Obtain Business Licenses and Permits 

Get a list of federal, state and local licenses and permits required for your business. 

Step 10: Understand Employer Responsibilities 

Learn the legal steps you need to take to hire employees.