The article considers the process of the formation of entrepreneurship in territorial communities. The influence of business entities on local development is studied. The problems of the development of business activity within territorial communities are identified. It is proved that enterprises are the main sources of income for communities, providing not only jobs and stable wages, but also contributing to the restoration of infrastructure. It is noted that for an enterprise, a territorial community is not just a location, but also an environment for employees, consumers and investors. In this context, the main problems for entrepreneurship development are identified. The strategic directions of business development in the territorial community selected for the study are substantiated.

It is found that the main problems for the development of entrepreneurship in territorial communities are: lack of the tools of financial support for entrepreneurship and difficulty in accessing funds for business development; lack of information for entrepreneurs support; lack of consolidated information on land plots and premises that can be used for business activities; unsatisfactory conditions of technical networks; transport infrastructure.

It is substantiated that one of the areas requiring immediate attention of the community is support for small and medium-sized enterprises, the creation of conditions for the development of existing small and medium-sized businesses, and the opening of new enterprises. A critical task is to involve young people in business activities, as this will reduce the outflow of young active people from the community. It has been shown that at the local level, entrepreneurs are often not properly informed about the opportunities and conditions for attracting external sources of funding, and are often not ready to prepare and submit business plans to obtain state or international grants and loans.

It has been determined that it is necessary to create conditions for agricultural producers to attract financial resources, and to conduct awareness-raising and educational activities for residents who wish to be engaged in new areas of agriculture. It is also important to develop a business support infrastructure in the community.