Macedonian banking is basically traditional banking, therefore loans are the main sources of the banks for provision of funds. Given that the analysis
Entrepreneurial opportunities from offshoring

Summary/Abstract: This paper focuses on the impact which offshoring has on entrepreneurial activities and how specific factors influence certain individuals to follow their incentives and build international business model throughout offshore operations. What is the meaning of offshore financial centers? Which are the steps that entrepreneurs should undertake? Together with advantages and disadvantages of this kind of investment, these are the main topics elaborated in this paper. Outsourcing is an important part in this international venture as well, so they play a huge role in moving capital and human labor from one point of the world to another. Offshore financial centers along with outsourcing activities offer a variety of services and products, which can be beneficial for today’s entrepreneurs. Entrepreneurial start-ups based on this kind of business models can gain competitive advantages, penetrate new markets, reach new customers and ultimately increase profits. Today, offshoring and outsourcing operations have deep impact on strategic decisions made by the management of the companies; they can influence whole economies and regions, improve corporate profits and decrease risk operations. According to most recent research, offshore financial centers have vast amount of money on their balances – they are very attractive to the majority of investors, and also to entrepreneurs as a way for starting a new venture.

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