Research Of The Financial Crisis Forewarning For Small And Medium-sized Enterprise

In pace of more and more keen market competition .The management and administration of medium-sized and small enterprises are faced with more and more severe challenge .How to fit in with environmental variety and predict exactly for the financial crisis of medium-sized and small enterprises .It's a real and severe problem for the handler .This article starts with researching basic theory of medium-sized and small enterprises .Along financial risk -financial crisis -financial bankruptcy– common logic process of the financial crisis for early warning ,inquiring into formative mechanism of the financial crisis for medium-sized and small enterprises ,using research experiences of the financial crisis for early warning in Chinese and western enterprises , making the financial crisis for early warning models based on Efficacy Coefficient Method.Using a case for Cangzhou Bright Pearl Plastic Limited-liability Company,analyzing and researching the situation of management and financial crisis from 2003 to 2004.and producing relevant countermeasure for possible problems in his carrying out process.