Business planning in the sphere of handicraft activities in the Republic of Belarus

This article considers the key points of business planning in handicraft activity — a dynamically developing area of small business in the Republic of Belarus. The feasibility of business planning in handicraft activity is justified by the state interest and support of craftsmen in providing the non-re-fundable subsidies. Besides, according to the data provided by the Ministry of Economy of the Republic of Belarus, 75% of those engaged in handicraft activities of the total number across the country are concentrated in the regions, and the total number of individuals across the Republic, who paid the fee for the implementation of crafts for the period 2017-2021, has almost doubled or increased by 72.8%. The information presented in the article serves to assist in creating a business plan for the selected type of handicraft activity from those listed in subparagraph 1.2 of paragraph 1 of Decree of the Pres-ident of the Republic of Belarus dated October 9, 2017 N 364 "On the implementation by individuals of handicraft activities"