Today's world differs in a number of key issues, from what we were used to for a long time. Currently, worldwide it is created a new model of economic growth - knowledge-based economy, whose main representative at the microeconomic level is the small and medium company. After the detailed presentation of the problems the small business is facing, the following chapters focus on the possible project solution and the chosen approach for the project of the company. The project process requires deep and extensive actions in all the areas of the company, from strategic repositioning, reorganization of the management structure and down to the operational level of the company, including the financial requirements of the process, in terms of both financing the project effort, and recovering the financial health of the company. The actions and activities of the project process are organized under deadlines, responsibilities and deliverables. The performed actions are targeted toward the planned results and expectations of the project process.