Professional paper
Financing SMEs in the Republic Of Croatia
Mirko Pešić
Abstract
The starting point of every entrepreneurial venture is the entrepreneur him/herself. When initiating a
venture of any kind, an entrepreneur faces all the factors that have to be organised and overcome on his/
her own. The main obstacle on this path is the procurement of sufficient funding to go all the way from
the original idea to the finished product, or to the enterprise performing a certain activity. The simplest
way is when the entrepreneur has initial capital, i.e. sufficient funds to implement the idea into a finished
product or enterprise. However, under today’s influence of globalisation, most entrepreneurs do not have
this initial capital or sufficient funds to initiate any kind of entrepreneurial venture. This paper provides
an insight and explanations of the most common ways in which entrepreneurs can access funds and how
they can finance their business venture. Raising funds is one of the greatest challenges for anyone planning
to start an entrepreneurial venture.
Keywords
entrepreneur; entrepreneurial venture; financing; SMEs; leasing
Hrčak ID:
76195
URI
Publication date:
9.12.2011.
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