Got a tricky question? Receive an answer from students like you! Try us!

Taking the UK as an example, critically evaluate the issues that entrepreneurs/SMEs face in raising finance. To what extent has - Essay Example

Only on StudentShare
Masters
Author : naomijohnson
Essay
Finance & Accounting
Pages 10 (2510 words)

Summary

Finance and Accounting Executive Summary Entrepreneurs are those who are business leaders and start their business at their own risk implementing new ideas and innovations. These businesses employ huge number of people that upgrades the economic and social condition of the society…

Extract of sample
Taking the UK as an example, critically evaluate the issues that entrepreneurs/SMEs face in raising finance. To what extent has

On this regards recommendation are made on how the initiatives taken by the national, regional and local entities can be made better. 1. Introduction Small and Medium sized enterprises (SME) are considered to be potentially most dynamic in an emerging economy. SMEs are regarded to play an important role in the development process of not only developing but also developed countries. Various advantages can be generated from the rise in SME (Parker, 2004). They are assumed to use more labour intensive technology that may give rise to the employment opportunity. They are established quickly and rapidly that leads to immediate initiation of operation, which in turn generates quick returns. The development of SME may promote the process of intra and inter-regional decentralization that may act as a force in equilibrating the economic power of bigger enterprises. In simple terms the growth of SMEs are regarded to do major contribution towards the accomplishment of socio-economic and wider economic objectives such as poverty alleviation (Cook and Nixson, 2000). Most likely they have chances to move into the region of high value addition and comparative advantage though they face lots of obstacle in legal, financial, economic and institutional terms. ...
Download paper

Related Essays

Finance essay on contemporary auditing issues
This letter is also prepared on the basis of which we (Loughran and Shrives), acting as an auditor of Hammerson plc would be responsible for ensuring that utmost transparency and efficiency is maintained in the audit process. Additionally, engagement letter for Hammerson plc is mentioned below: To the Directors of Audit Committee, As an auditor of Hammerson plc, we are taking the opportunity to divulge certain imperative aspects related to the impending auditing process. The aspect of financial transaction record would be quite vital to be thoroughly examined in the process. It has been…
15 pages (3765 words)
Contemporary Issues in accointing and finance
Public interest is the collective well-being of people and the institutions they serve. Failure to fulfil this mandate can have very serious adverse consequences such as what happened to the Arthur Andersen auditing firm for being complicit in the Enron scandal. This paper examines the role of accounting in serving public interest versus self-interest when accountants and auditors are engaged for their services. I will state the answer to the above question is in the negative in relation to the financial crisis brought about by the bursting of the real estate asset price bubble and the issue…
6 pages (1506 words)
The Impact of IFRS for SMEs on UK companies
All of these entities have the option to adopt corresponding accounting tiered reporting framework under a certain purpose (Baker and Wallage, 2000). For instance in the United Kingdom (UK), publicly accountable entities are required to adopt full international financial reporting standard (IFRS) while those non-publicly accountable entities are required to use IFRS for SMEs. On the other hand, small companies are required to adopt financial reporting standard for smaller entities (FRSSE). However, these different entities have the option to adopt whatever reporting framework they need or most…
4 pages (1004 words)
Contemporary Issues in Finance
This paper is a brief article about the financial crisis which was being identified by the end of 2007 till the beginning of 2008. It was due to the ill-effects of the crisis that regulatory reforms were taken by US, UK and EU regions. This paper will thereby focus on the regulatory reforms adopted by these nations in the milieu of the 2008 financial crisis. Regulatory Framework of US Financial crisis is often termed as an unknown disturbance which leads to erosion of the total financial market of a country or a nation. By the end of 2007, with the identification of the financial crisis, US…
8 pages (2008 words)
Current Issues In Finance
According to the theory of capital structure, the major features of the conception constitute with maximum return with minimum risk, flexibility in resource allocation, adequate liquidity, conservation of reserves, balanced capital flow and leverage, which accumulatively helps in assisting the smooth flow of finances stimulating the overall business operations. It is in this context that according to the theorem presented by Modigliani & Miller, there are various factors on which the managerial decision of configuring an appropriate capital structure is depended (Kumar & Sharma, 1998). The…
10 pages (2510 words)
Explain how inflation targeting operates in the UK and Critically evaluate the benefits of inflation targeting
Inflation is all about price stability and it has been agreed by the economist that a rate of between (0-3) percent is the good enough rate fro the economy. With stable prices at that rate, consumer confidence is raised hence propelling the economy, if the consumer confidence is lower, then the economy will be stuck (Ben 2003). Inflation can only be made success through central banks making price stability its primary objective through strong institutional commitment to attaining that. United Kingdom was not the first country to introduce the inflation instead there are countries like Canada…
8 pages (2008 words)
Impact of Personal Finance on UK Housing Market
This report stresses that in UK, the procurement of the housing facility is largely facilitated by the financial risk and the structural pattern of the housing market. Apart from the traditional banks, UK housing market is financed largely by the large amount of investors from other countries. The requirements for the strong growth in the UK housing market were largely dependent on the pricing of the residential and non-residential property. The UK housing market then consisted of submarkets and the quantitative analysis was the most common method to determine the market issues and…
8 pages (2008 words)