PROSPECTS FOR INCREASING LOCAL BUDGET REVENUES THROUGH THE DEVELOPMENT OF FAMILY BUSINESSES AND HOUSEHOLDS
Keywords:
Family businesses, Household enterprises, Local budget revenues, Entrepreneurship, Fiscal sustainability, Economic development, Employment generation, Policy support, Digitalization, Community resilience.Abstract
This article examines the prospects for increasing local budget revenues through the development of family businesses and household enterprises. It highlights the dual role of family enterprises as both economic and social actors, contributing directly through taxes, fees, and social contributions, and indirectly by stimulating local consumption, creating employment, and fostering community resilience. The study reviews theoretical and empirical literature, identifies challenges faced by household enterprises, and explores policy interventions such as access to finance, entrepreneurship training, digitalization, and regulatory support. The findings suggest that promoting family and household businesses enhances fiscal capacity, supports inclusive economic growth, and strengthens municipal financial autonomy. Strategic initiatives tailored to local socio-economic contexts are critical to maximizing the potential of these enterprises and ensuring sustainable contributions to local budgets.
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