Financing and Management of SMEs

The SME’s are of highest number in each country. Because of this the teaching about the SME’s takes a large part of the courses in the Integrated Business Faculty. Their small economic power offers different methods for financing and management, as well as an emphasis on the risk management. For this purpose the course will focus on the specialties of these firms which place special methods of management and financing which differ from the ones implemented in the medium and large firms. The same goes for the availability of financing sources. 

Basic Literature:

  1. Thomas W. Zimmerer, Norman M. Scarborough: Essentials of entrepreneurship and small business management. 2008.
  2. Армендариз Б, Мордан Џ, Економија на микрофинансирање, Арс Ламина,2011(превод)