5. Opportunities for development of family business in rural areas – aspects, problems, trends

Author: Valeri Velkowski

Abstract

The transformation of rural areas in the Republic of Bulgaria into areas for sustainable development is feasible with the active mobilization of economic entities of various scales.
From the point of view of the specifics of the natural-geographical complex and the sectoral differentiation on this basis in the agricultural sector, the family business has a serious potential. However, its mobilization is directly dependent on factors such as:
– Legislative package;
– the EU CAP;
– Effective management of the sector;
– Effective territory management;
– Flexibility of the various policies and their complex implementation;
– Etc.

Key words: rural area, sustainable development, family business, agricultural sector, space