Financial Strategies of Small and Medium Enterprises Based on the Background of Financial Crisis
Lin Shu-hang
Abstract
Lin Shu-hang
Abstract
The financial crisis worsened the environment for SME development.The establishment of the financial strategy is the key to help SMEs resist the risks and pass through the crisis.The economic cycle in the financial crisis,and the changes in the way of economic growth directly affect the choice of financial strategy.Under the pressure of the crisis,SMEs should focus on the analysis of domestic and international environment to develop a financial strategy for their own development.
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The financial crisis worsened the environment for SME development.The establishment of the financial strategy is the key to help SMEs resist the risks and pass through the crisis.The economic cycle in the financial crisis,and the changes in the way of economic growth directly affect the choice of financial strategy.Under the pressure of the crisis,SMEs should focus on the analysis of domestic and international environment to develop a financial strategy for their own development.
Key concepts: Financial crisis, Business, Finance, Financial system, Financial analysis, Geography of finance, Financial ratio, Economics