What are the countermeasures to the financial crisis of small and medium sized industrial enterprise

Small and medium-sized enterprises have limited funds, so don't rush to expand the scale, and keep risk funds, just like this US financial crisis, you need to save the market, but small and medium-sized enterprises are private and will not pay for your losses, so you should keep the funds.

In the fierce market competition, the financial risks faced by small and medium-sized enterprises are increasing. Small and medium-sized enterprises should continue to improve and perfect the traditional financial risk management model and create a new model to adapt to economic development.

Problems in the financial management of small and medium-sized enterprises and their countermeasures.

By: HQ

Impact: The financial crisis has led to the closure of many small and medium-sized enterprises, many of which lack independent innovation. However, enterprises with high-tech products have not been greatly impacted, which shows that self-innovation is an important way to deal with the financial crisis.

Revelations:1Small and medium-sized enterprises must change their low-end position in the international industrial chain through self-innovation, promote the optimization and upgrading of the industrial structure, and take a new path of industrialization.

2.Small and medium-sized enterprises should carry out mergers, standardize bankruptcy, practice strong alliances, and complement each other's advantages, so as to enhance their competitiveness and ability to resist risks.

3.Small and medium-sized enterprises should produce market-oriented, produce marketable products, and expand their market share.

4.The operators of enterprises should improve their real quality and enhance the professional skills of their workers.

5.We should readjust the industrial structure, vigorously develop high-tech industries, and achieve economic development by leaps and bounds.

6.Practical value is the material bearer of value, and enterprises should pay attention to the use value of goods, improve the quality of products and services, and better meet the needs of consumers.

7.Transform the mode of economic development, improve labor efficiency, and reduce labor costs.

Your question is too broad, it affects all aspects, what do you want, personnel, development, financing?

**Suggested Thinking Points: 1Reasons for the start of the crisis (US subprime mortgages.

Lehman Brothers - Triggering a Crisis of Confidence - Causing a Reduction in Orders and a Credit Crunch) 2.The main financial problems encountered by SMEs: Short term:

Insufficient cash flow, long-term: stagnation of sales development, or even recession.

3.Short-term: private lending, a large reduction in manpower, low costs, long-term:

Development of new channels (export to domestic sales) Development of value-added products and technological innovation. (The above suggestions to find Guangdong-Fujian-Zhejiang enterprises as the main target of the interview, because the most seriously injured, the surviving enterprises must be worthy of analysis).

The economic crisis has affected small and medium-sized enterprises, and sales channels may be broken. Once there is a problem with the sales channel, add inventory. There is always a danger of disconnection of liquidity.

Many small and medium-sized enterprises are due to short-term problems in capital turnover, which leads to the gradual chaos of all systems.

Financial factors for small and medium-sized enterprises to have financial crises

The financial crisis of an enterprise is not without warning in advance, nor is it sudden without a process, in fact, it is conceived in the relevant aspects of the enterprise and there is a process, and the result is manifested through various danger signals in production, operation, sales and financial management. It's just that at a given time, the degree to which various factors manifest is different. The following is mainly analyzed from the financial-related aspects.

1.The objectives of financial management are not clear, and the methods of financial analysis are not scientific. One of the main purposes of small and medium-sized enterprises is to meet the needs of tax inspection, many accounts are untrue and incomplete, because these basic financial data are not perfect, it is difficult to use them for enterprise financial analysis and enterprise decision-making, which makes it difficult for financial data to have a substantive role in enterprise management analysis and strategy formulation.

2.The capital structure is unreasonable and the debt is high. Under the guiding ideology of "high debt, high returns", many enterprises blindly have high debts, resulting in excessive financial costs, improper internal asset management, and imbalance in the proportion of asset structure.

3.Financing difficulties. There is a serious shortage of funds.

The financing channels of small enterprises are too narrow, and at the same time lack of long-term stability, the requirements of small enterprises for funds are "short, frequent and fast", and the one-time amount of capital demand is small and the frequency is high, which increases the complexity of financing, increases the cost and cost of financing, and banks need to spend a lot of cost and energy to collect information about small enterprises, therefore, it is difficult for small enterprises to obtain long-term debt support from banks.

4.Lack of investment analysis, poor efficiency in the use of funds. With the intensification of market competition, many small and medium-sized enterprises have begun to consciously speed up technological transformation, equipment renewal and product development in order to improve their competitiveness, and blindly invest in many projects, but due to the lack of investment analysis and demonstration and other reasons, the return on huge investment is very low and does not achieve the expected benefits.

5.The non-scientific nature of financial decision-making has increased subjective assumptions. Due to the lag in the financial information provided by many enterprises, the financial information is inaccurate for a long time, and the financial statements cannot be prepared on time, etc., and the financial information lacks scientific and systematic information, which cannot really serve the current decision-making.

At the same time, most entrepreneurs lack systematic professionalism, lack of rigorous and systematic business training in personal quality and ability training, and are prone to form radical strategic measures, which is easy to cause decision-making errors in this situation.

6.In the case of no funds, diversified investment leads to insufficient funds. The direct manifestation is that the new project squeezes out the funds of the dominant main business, but does not produce corresponding benefits but drags down the dominant main business, and ultimately leads to the lack of overall funds within the enterprise.