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  • Started 13 years ago by dXreyQcy8

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The financial management level low will trigger a crisis or even bankruptcy of SOE205OH - II - 3V.business management SME financial management problems and countermeasures Wang Qiuxiang (Golden Sun Technology Co Ltd) Abstract: rational enterprise funds raising investment operation and distribution operational risk control efficient and harmonious financial management and improve the economic benefits of improved business are inseparable from science financial management is the key to enterprise full financial awareness and financial qualities Financial management of SMEs in China for the current problems put forward the corresponding improvement measures Keywords: SME financial management problems and countermeasures 1 SME financial management problems in analysis As China's market economy development and the deepening of reform and opening up small and medium enterprises in the competition has been considerable development in China's economic construction plays However in the process of development of SMEs in China its financial important role management there are also many problems constraining the development of SMEs 11 business executives in the financial management of SMEs in China behind the concept a considerable number of enterprises belong to the individual the private nature of the company "prospective entrepreneurs" the majority belonging to senior technical managers or marketing type financial management theories methods lack of knowledge and research on the importance of financial management lack of understanding not yet established such as the time value value at risk marginal costs opportunity costs etc The concept of scientific management Traditional business management thinking by the impact and executives personal financial professional knowledge constraints resulting in the management of senior managers of SMEs lag behind the concept of the development of SMEs thus resulting in the implementation of the majority of SMEs are still "home management quicken download model In this management mode the business operators while family-style " is the owner of the high degree of unity of ownership and management institutional settings and poorly on the overall management responsibilities unclear resulting in Financial Management [1] confusion uncontrolled and inefficient 12 financial management personnel http://quicken-basicdownload.webs.com/ lack the spirit of innovation professionalism poor although the modern enterprise financial management talent is no shortage of supply but the SME truly innovative spirit and ability of high-quality financial management personnel are relatively scarce The reason is first because it is restricted business executives behind the financial management concepts and knowledge leading to the financial management of SMEs in the lack of team building particularly in the hiring and training of highly qualified financial personnel on lack; two small and medium Enterprise "longer than the technology clumsy management" and despise the financial management of the phenomenon http://quicken2013formac.devhub.com/ is relatively common; third is due to the long-term financial management of SMEs by less than the attention it deserves mostly financial management staff are complacent can not take the initiative to Learning a higher level of financial management theory and practice to learn the country's laws and regulations and the company's financial management system to study the practical work experience in financial management issues problems in the face of actual work time and powerless; Fourth and Finance Management closely related to the marketing supply and manufacturing sectors such as financial management of middle managers consciousness lack of knowledge 13 targeting of financial management and the lack of scientific proof ① lack of strategic long-term investment considerations the blind pursuit of short-term benefits Because of the small size of SMEs its own shortage of funds capital funding difficulties risky use of funds limited ability to withstand operational risks as well as senior managers of SMEs ideas and knowledge constraints which makes the business activities of SMEs the emphasis on "short-frequency fast" short-term behavior is relatively common the pursuit of short-term profits as the highest goal of the enterprise while ignoring the long-term development strategy formulation and implementation which seriously affects the effectiveness of SME investment and profitability ② lack of clear direction of industrial development the lack of quicken 2013 scientific proof for the project investment As small and medium business executives ideas and scholarship limits or outstanding financial manager lack of staff or do not want to spend expensive to hire for management consulting services to consider when making investment decisions often without the necessary and sufficient project assessment investment decisions not estimated the mere personal experience of senior managers to make decisions customer view conditions and their ability to ignore the national macro-control on enterprise development capital structure as well as funds buy quicken 2013 to influence the construction period the project investment scale source such as the lack of scientific planning and deployment of the project during construction and operation sided pursuit of "hot to happen lack of reliable cash flow forecasts for example door "industry hastily closed on projects so investment decisions once the macroeconomic environment and internal conditions change companies will face a dilemma investment dilemma even causing huge economic losses [2] 14 companies with poor http://quicken2013.webspawner.com/ credit leading to funding difficulties currently financing of SMEs in the presence of the "three difficult" issue namely financing quickbooks 2013 guarantees difficult and mortgage difficulties China has become the main development of SMEs " bottleneck " The reasons are mainly the following three aspects ① SME funding limited scale SME funding generally is a partnership investment funds accumulated more than the owners or their families to pro combined enterprise friend borrowed a friend's http://quickbooks-2013.tumblr.com/ letter fewer assets available for collateral information disclosure system is not perfect non-public information transparency is poor Making the loan reputation are compromised ② financial management of SMEs greater randomness and blindness As the investment market research risk prediction and prevention work is not in place resulting in poor utilization of funds poor investment returns and even loss making money idle and wasted capital loss Since the use of funds supervision gold transfer rate the lower the profitability of enterprises so that enterprises owned ③ SME capital markets can melt weak I greatly reduced reliability Although initially established SMEs in the country more independent multi-channel financing developed listing the threshold system but because of China's securities market is imperfect high only a handful of SME financing in the capital markets can and bank lending in order to reduce risk reduce discharge costs unwilling to lend to business scale performance instability poor credit to SMEs Meanwhile the state's preferential government small making little effort to SMEs tilt so that small and medium enterprises financing difficulties in the long-term disadvantage 15 Enterprise Financial Management backward ① enterprise management mode rigid At present many SMEs management is still "family" management style this management model is bound to bring the company's financial management many negative effects First the operating decisions often without giving corporate financial management must say let alone what decisions; Second enterprises not or can not establish an internal audit department the audit can not guarantee that even if the independence of the internal audit ; Third the financial management of enterprises do not include or incorporate truly effective business management In this management mode mechanism among enterprises the lack of modern financial management concepts "decision-making" "monitoring" function "is tantamount to display" financial sector financial management should traffic management in the enterprise management lost its rightful place and role [3] ② financial management http://quicken2013deluxe.devhub.com/ system is not perfect Currently SMEs financial systems are relatively common problem Under the new accounting rules companies should develop appropriate financial management system of the unit but due to rigid and contempt SME management financial management resulting in the financial system is too simple and not supporting Some small and medium 16 Page 1/3 should this part of the transaction excluded. financing. 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    Posted 13 years ago #

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