FINANCING OF INVESTMENT PROJECTS IN SMALL MANUFACTURING COMPANIES IN CROATIA

The role of financial managers and financial management in making investment decisions is increasing. The role of finance is incorporated into all business processes and financial decision in the long term affects the total businesses enterprise. This paper investigates and analyzes the way in which small enterprises that manufacture furniture in Croatia prepare themselves for financial decision-making and how they prepare themselves for financing investment projects. An empirical research was conducted among small enterprises that manufacture furniture in Croatia on the extent of their use of financial pre-accession funds of the European Union and preparations for project funding from the Structural and Cohesion Funds of the European Union. In this context, the contribution of financial resources from these funds on the market competitiveness is described.