Proceedings of the 2019 International Conference on Management, Education Technology and Economics (ICMETE 2019)

Financial Sources for Entrepreneurship: Taking Nanjing Pharmaceutical Company as an Example

Authors
Jinling Zhang, Yang He
Corresponding Author
Jinling Zhang
Available Online May 2019.
DOI
https://doi.org/10.2991/icmete-19.2019.130How to use a DOI?
Keywords
Financial resources; Retained earnings; Leasing; Government aid
Abstract
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.
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Proceedings
2019 International Conference on Management, Education Technology and Economics (ICMETE 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
May 2019
ISBN
978-94-6252-725-6
ISSN
2352-5428
DOI
https://doi.org/10.2991/icmete-19.2019.130How to use a DOI?
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  -