Financing specifications production of small and medium enterprises
Small and medium enterprises and entrepreneurs, especially the production type, represent the most efficient segment of the economy in almost all countries of the world. Individually, these companies make the greatest contribution to increasing employment, gross value added and transport, which is w...
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| Format: | Article |
| Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2018-01-01
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| Series: | Trendovi u Poslovanju |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2018/2334-816X1802019I.pdf |
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| _version_ | 1823859916932120576 |
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| author | Ilić Đurđijana Ilić Slađana |
| author_facet | Ilić Đurđijana Ilić Slađana |
| author_sort | Ilić Đurđijana |
| collection | DOAJ |
| description | Small and medium enterprises and entrepreneurs, especially the production type, represent the most efficient segment of the economy in almost all countries of the world. Individually, these companies make the greatest contribution to increasing employment, gross value added and transport, which is why they are considered the backbone of growth and development of national economies. Their role is particularly significant in transition countries facing high unemployment, low level of economic activity, insufficient competitiveness and lack of investment, and where large inefficient state-owned enterprises are still present. As a stable source of job creation, small and medium-sized enterprises also have an important social function by absorbing labor surpluses in transition processes and ownership transformations of state and social enterprises. The survival, growth and development of manufacturing small and medium enterprises are primarily determined by the possibilities of financing from favorable sources. Limited access to sources of financing both in the money market and in the capital market, especially in terms of price and terms of use, may be the most important feature and biggest problem for these companies. Therefore, the issues of this paper are dedicated to the specificities of financing small and medium-sized enterprises in the production sector in order to improve their financial management and support in making adequate financial decisions. |
| format | Article |
| id | doaj-art-7e6696b5d9d940b18e64cdfe623a3de8 |
| institution | Kabale University |
| issn | 2334-816X 2334-8356 |
| language | English |
| publishDate | 2018-01-01 |
| publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
| record_format | Article |
| series | Trendovi u Poslovanju |
| spelling | doaj-art-7e6696b5d9d940b18e64cdfe623a3de82025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562018-01-016219282334-816X1802019IFinancing specifications production of small and medium enterprisesIlić Đurđijana0Ilić Slađana1Univerzitet odbrane u Beogradu, Vojna akademija, BeogradEkonomsko-trgovinska škola, KruševacSmall and medium enterprises and entrepreneurs, especially the production type, represent the most efficient segment of the economy in almost all countries of the world. Individually, these companies make the greatest contribution to increasing employment, gross value added and transport, which is why they are considered the backbone of growth and development of national economies. Their role is particularly significant in transition countries facing high unemployment, low level of economic activity, insufficient competitiveness and lack of investment, and where large inefficient state-owned enterprises are still present. As a stable source of job creation, small and medium-sized enterprises also have an important social function by absorbing labor surpluses in transition processes and ownership transformations of state and social enterprises. The survival, growth and development of manufacturing small and medium enterprises are primarily determined by the possibilities of financing from favorable sources. Limited access to sources of financing both in the money market and in the capital market, especially in terms of price and terms of use, may be the most important feature and biggest problem for these companies. Therefore, the issues of this paper are dedicated to the specificities of financing small and medium-sized enterprises in the production sector in order to improve their financial management and support in making adequate financial decisions.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2018/2334-816X1802019I.pdfproductiongrowth and developmentsmall and medium enterprisesfinancingfinancial resources |
| spellingShingle | Ilić Đurđijana Ilić Slađana Financing specifications production of small and medium enterprises Trendovi u Poslovanju production growth and development small and medium enterprises financing financial resources |
| title | Financing specifications production of small and medium enterprises |
| title_full | Financing specifications production of small and medium enterprises |
| title_fullStr | Financing specifications production of small and medium enterprises |
| title_full_unstemmed | Financing specifications production of small and medium enterprises |
| title_short | Financing specifications production of small and medium enterprises |
| title_sort | financing specifications production of small and medium enterprises |
| topic | production growth and development small and medium enterprises financing financial resources |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2018/2334-816X1802019I.pdf |
| work_keys_str_mv | AT ilicđurđijana financingspecificationsproductionofsmallandmediumenterprises AT ilicslađana financingspecificationsproductionofsmallandmediumenterprises |