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

DOI

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.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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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  - Proceedings of the 2019 International Conference on Management, Education Technology and Economics (ICMETE 2019)
PB  - Atlantis Press
SP  - 547
EP  - 550
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmete-19.2019.130
DO  - 10.2991/icmete-19.2019.130
ID  - Zhang2019/05
ER  -