New Business Education - Ново образование за бизнис

A+ R A-

FINANCING OPTIONS AND ALTERNATIVE FINANCIAL SOURCES FOR MACEDONIAN SMES

E-mail Print PDF

In this paper, the possibilities and available options for Macedonian small and medium sized enterprises (SMEs) are analyzed. SMEs are a vital part of any economy; therefore their financing is crucial in stimulating economic growth. A research has been made to understand the state of financing alternatives for Macedonian SMEs. In this paper, a detailed explanation is given for any option available. Additionally, recommendations for popular SME-financing sources, not yet available in Macedonia are presented, with the implications of using each of these sources. Research sources in Macedonia on this subject are limited, but this and similar researches will provide foundation for the development of new and more applicable financial solutions for Macedonian SMEs in the future.

The paper was written by Adrijana Bulevska, MSc, and published in the Journal of Sustainable Development, sixth edition.

 

                                                                        alt