Appliance for small-scale entrepreneurship the study of the methodology of strategic management

The analysis in this paper reveals the appliance problems of strategic management methodology for small and medium-sized business enterprises. The analysis presents the fact that small and medium-sized entities in Lithuania compound more significant part of common business than in the developed countries and successfully consolidate their positions. The paper develops the appliance of investigated concepts of strategic planning in small-scale entrepreneurship under the evaluation of preconditions and utility of such methodology. The strategic attitudes for making contemplation of strategic goals and strategies are analyzed in the article. The context of strategic planning methodologies helps to define the included living cycles of business entity for small enterprises position in the market and to foresee the appropriate possession strategies. The research results help to make the proposition that the principles of strategic management and the appliance of methods in small-scale business are not only deliberative, but also have obligatory specification for the effective management in modern practice.