Research On The Acquisition Of TF Corporation

As China’s economic development, private enterprises in China’s overall social and economic status in the increasingly prominent, large-scale private enterprise has emerged as a strong driving force of China’s economic development. That is clear, the development process of China’s economy in the private enterprises have a huge contribution, and the private economy has a strong force guidelines. However, with the development and expansion of private enterprises, the funds have become increasingly demanding, demand for funds is also increasing, the company attract and fund-raising process, due to imperfections in all aspects, which caused a lot of drawbacks. Some private companies use internal sources of financing is not sufficient, and thus make the financing structure is irrational, resulting in a lot of financing. TF company as a large-scale private power equipment manufacturing enterprises, need a lot of money in the process of growing, outstanding issues in the development of the company for the narrow channels of financing, professional staff is not strong and other financing costs due to higher financing problem. Currently, TF company these financing problems caused by high financial costs, low efficiency of financial harm is already evident, to a certain extent, restricted the further development of TF company’s high financial costs are also further squeeze TF company had not much profits, so the TF’s financing problem research have a deeper significance and research results available to other similar private reference and reference.TF company to promote better development in the long term, by adjusting the financing structure, broaden the financing channels for the company to provide scientific premise of financing so that it strikes a reasonable source of funding, has developed rapidly. Based on the comparative advantages and disadvantages of various financing and financing structure theory in-depth study on the company’s situation After TF was analyzed. TF combined company’s business situation and the external market environment, TF company’s financing position reflects the proportional way, to analyze the TF financing structure is irrational situation and problems, and its scientific and thorough analysis. Causing internal financing TF noted that the proportion of small companies, a large number of foreign debt financing, the lack of internal controls, high financing costs, low efficiency of financing is the main reason for these problems: financial management system is not perfect, professional and business people not strong, agency costs Bank for private enterprises Shipping and bank loans less complicated procedures.Finally, methods of induction and analysis, combining theory and practice, summed up the company’s financing for TF optimization, and gives specific countermeasures. TF combined company’s financing problems and external causes and circumstances of the power industry, reasonable countermeasures and suggestions for optimizing TF financing structure, mainly in the following areas:full advantage of preferential policies to obtain funds through more favorable loan rates; broaden the financing channels, it is reasonable to increase the number of endogenous financing and international financing, optimizing the financing structure; improve the corporate governance system and the financial system, can be a reasonable choice of financing and time when science financing plan financing; improve the quality of professional staff.