2013•Science-technology and ManagementRequires access

The SME financial management problems and countermeasures

Lei Jiang-ming

Open publisher page 3 citations

Abstract

In recent years,small and medium enterprises gradually become an important driving force in the development of China's national economy.But,the increasingly fierce competition in the small and medium enterprises,its financial management problems are gradually revealed,the most prominent is no clear strategic goals,the lack of financial strategic planning,financing channels for a single,the lack of a sound financial management system risk awareness is not strong.Strengthen the financial management of SME corporate finance strategic planning should be established to broaden the financing channels,to establish a sound financial management system,risk awareness,and improve the quality of financial management,and to improve the comprehensive competitiveness of small and medium enterprises.

About this research paper

What this paper is about

In recent years,small and medium enterprises gradually become an important driving force in the development of China's national economy.But,the increasingly fierce competition in the small and medium enterprises,its financial management problems are gradually revealed,the most prominent is no clear strategic goals,the lack of financial strategic planning,financing channels for a single,the lack of a sound financial management system risk awareness is not strong.Strengthen the financial management of SME corporate finance strategic planning should be established to broaden the financing channels,to establish a sound financial management system,risk awareness,and improve the quality of financial management,and to improve the comprehensive competitiveness of small and medium enterprises.

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OpenAlex reports 3 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

In recent years,small and medium enterprises gradually become an important driving force in the development of China's national economy.But,the increasingly fierce competition in the small and medium enterprises,its financial management problems are gradually revealed,the most prominent is no clear strategic goals,the lack of financial strategic planning,financing channels for a single,the lack of a sound financial management system risk awareness is not strong.Strengthen the financial management of SME corporate finance strategic planning should be established to broaden the financing channels,to establish a sound financial management system,risk awareness,and improve the quality of financial management,and to improve the comprehensive competitiveness of small and medium enterprises.

Key concepts: Strategic financial management, Business, Finance, Competition (biology), Financial management, China, Risk management, Financial risk

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