Possibilities for project financing of non-government sector in the Republic of Macedonia

Petroska Angelovska, Neda and Takovska, Marija and Magdinceva Sopova, Marija (2018) Possibilities for project financing of non-government sector in the Republic of Macedonia. Knowledge - International Journal, Scientific Papers, 23.1. pp. 247-254. ISSN 2545-4439

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Abstract

The aim of this paper is to notify financial sources for project of non-government sector that are mostly used in the Republic of Macedonia and to stress the necessity of some techniques and tools in order to make right financial decisions. It is clear that financial means are needed for realization of project activities of all enterprises, as well as for organizations of non-government sector, too. Investing time and resources in the process of developing good strategy greatly helps to strengthen the overall capacities and guarantees a sustainable and transparent role of this sector. A fundraising strategy identifies solutions that ensure the financial sustainability of non-government sector, which means long-term stability to achieve the mission. Sustainable funding is a move away from the short-term project cycle to a long-lasting, reliable and diverse revenue base.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Marija Magdinceva Sopova
Date Deposited: 13 Jul 2018 08:58
Last Modified: 13 Jul 2018 08:58
URI: https://eprints.ugd.edu.mk/id/eprint/20181

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