Financial Sources for Entrepreneurship: Taking Nanjing Pharmaceutical Company as an Example
Jinling Zhang, Yang He
Available Online May 2019.
- https://doi.org/10.2991/icmete-19.2019.130How to use a DOI?
- Financial resources; Retained earnings; Leasing; Government aid
- With the vigorous development of financial market, many financing channels have emerged in the market, which provide diversified capital selection channels for enterprises. Faced with a variety of capital selection channels, enterprises can choose some reasonable and suitable financing models according to their own actual conditions, so as to be used for daily operation and research and development of new projects. This paper described the different sources of funding for the Traditional Chinese Medicine (TCM) project initiated by Nanjing pharmaceutical company (NPC). Firstly, the characteristics and costs of different financial resources are expounded. Secondly, several appropriate modes of TCM financing in NPC are discussed. Finally, through a series of surveys and analyses, combined with some standard formulas, the use of of retained earnings, leases and government assistance for financing was recommended.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Jinling Zhang AU - Yang He PY - 2019/05 DA - 2019/05 TI - Financial Sources for Entrepreneurship: Taking Nanjing Pharmaceutical Company as an Example BT - 2019 International Conference on Management, Education Technology and Economics (ICMETE 2019) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/icmete-19.2019.130 DO - https://doi.org/10.2991/icmete-19.2019.130 ID - Zhang2019/05 ER -