Strategies on financial Management of China's Small and Medium-sized Enterprises in Post-financial Crisis Period
Yuewu Sun
Abstract
Yuewu Sun
Abstract
In post-financial crisis,many problems appeared in Chinese small and medium-sized enterprises are due to serious shortage of funds,difficult financing and assurance,lack of investment analysis,and weak control of financial risk,etc.These factors seriously restrain rapid development of small and medium-sized enterprises.The government should increase support for small and medium-sized enterprises,help them expand financing channels,increase capital management and financial control,decrease financial risk and liability ratio to avoid blind expansion by debt.Furthermore,the government should create a perfect policy environment to promote development of small and medium-sized enterprises and realize protection for the enterprise management and integrated strategy.
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In post-financial crisis,many problems appeared in Chinese small and medium-sized enterprises are due to serious shortage of funds,difficult financing and assurance,lack of investment analysis,and weak control of financial risk,etc.These factors seriously restrain rapid development of small and medium-sized enterprises.The government should increase support for small and medium-sized enterprises,help them expand financing channels,increase capital management and financial control,decrease financial risk and liability ratio to avoid blind expansion by debt.Furthermore,the government should create a perfect policy environment to promote development of small and medium-sized enterprises and realize protection for the enterprise management and integrated strategy.
Key concepts: Business, Finance, Financial crisis, Small and medium-sized enterprises, Economic shortage, Financial management, Financial system, Control (management)