Risteska, Aneta and Spaseska, Tatjana and Risteska, Fanka (2012) RESEARCH INFORMATION ON THE SOURCES OF FINANCING THE SMALL AND MEDIUM BUSINESSES IN THE REPUBLIC OF MACEDONIA. MAJSKA KONFERENCIJA O STRATEGIJSKOM MENADŽMENTU.
Full text not available from this repository.Abstract
Financing of small and medium enterprises is a complex process, but necessary for their
establishment and further operation The policy of financing in terms of defining the
optimal ratio between own and borrowed capital and the choice between various
alternatives for funding - internal and external is an important determinant of enterprise
which aims to provide good prerequisites for long term stability and successful operation.
At different developmental stages, entrepreneurs can use different ways of financing their
businesses, but in this paper the main subject will be the alternative possibilities for
providing capital through the issuance of securities, loans, as well as attractive sources of
financing for small and medium enterprises - business angels and risk capital. Typically in
developed countries, dominant source of financing the businesses at their initial stage are
business angels, in the early žstage of development (first 5 years) dominant is risk capital
funds, and during the late stage of development as a significant source of funding appears
emission of securities.
In this paper the key emphasis will be placed on researching and analyzing the sources of
financing the small and medium enterprises in the municipality of Prilep – Republic of
Macedonia and we will suggest measures and recommendations for better use of the
available sources of funding.
| Item Type: | Article |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business |
| Divisions: | Faculty of Economics |
| Depositing User: | Mr Dimitar Risteski |
| Date Deposited: | 27 Dec 2019 20:37 |
| Last Modified: | 05 Mar 2020 09:38 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/2308 |
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