To make a million dollars is a dream for all entrepreneurs starting a business. To be a millionaire means to be independent and have a great potential due to substantial financial resources. However, making a million dollars in Ukraine is becoming more complicated because of the lack of a background. What is worth special attention and what should be focused on towards small business? How to make your money work for you? Should innovation be an essential condition under which business is more likely to thrive today? What are the main obstacles for small business development?