Financial Strategy Study On Chinese Medium And Small Enterprises

Strategy is of vital importance in modern time. An enterprise without sound strategy can't develop in the changing world. A new upsurge of strategy-making is set off worldwide after the "New Economy" bubble vanished. Setting in this background, medium- and small-size enterprises should also take the initiative to make strategy. This is particularly true for enterprises to make suitable financial strategy and rationally allocate limited resources at the time of deficiency. Taking analyses of the economic environment as the starting point of making financial strategy, the paper discusses strategy for fund-circulating, investment and allocation respectively according to the financial characters of relevant periods of the beginning, developing, mature and declining. Taking into consideration the current status and existing problems of financial management in medium- and small-size enterprises in our country, this thesis analyses the cause and puts forward strategic resolutions.