In the conditions of modernization of the economy, regardless of the form of ownership, managers and employees of economic entities should have high-level professional training, economic and legal knowledge, and experience. Today, in our Republic, the above factors are insufficient. If we analyze this issue more broadly, as we know, many economic and social reforms have been carried out in our Republic since we gained independence, and today they are being deepened. As a result of these reforms, a legal base suitable for the conditions of the market economy and many necessary conditions for effective activity in all sectors of our economy were created. In addition, in order to ensure the free development of economic entities in our economy, private ownership, entrepreneurship in general, to protect their rights, to prevent unjustified interference of supervisory bodies in their activities, to reduce various inspections, normative documents were adopted.