The article describes the role of family business in the modernization of the economy and its importance. In particular, the essence of family business, its features are described. Elements of the mechanism of state support of small business and private entrepreneurship are also highlighted, as well as directions for its further development in the context of our country. In particular, the analysis of the process of reducing government interference in the activities of entities, the interaction of entrepreneurs with banks, reducing the tax burden and financing innovative projects. At the same time, the issues of small business and family entrepreneurship development in the mahallas were covered. The measures to be taken are outlined in the proposals and recommendations.

Entrepreneurship, Family Farming, Family Entrepreneurship, Neighborhood, Small Business, Financing, Innovation, Incentives, Export.