Research On Cash Flow Management Of High-tech Enterprise

A cash flow sufficient during the investment decision-making and competitive than thosethat rely on external financing to invest in enterprises in a good position, cash flow plays avital role in the survival, development and management, become the decidingimportant factorin the level of investment. Financial management of the center for business management, fundmanagement, financial management center, cash flow management for the fund managementcenter has become the generally accepted concept of the business community.In this paper, reference and absorption on the basis of the latest research results of cashflow management, combined with the operational characteristics of high-tech enterprises, amore comprehensive analysis of the characteristics of high-tech enterprises, described theimportance of cash flow management in the development of high-tech enterprisesstatus androle; combined with the actual situation of China’s high-tech enterprise, based on life cyclemanagement of high-tech enterprises, the Chinese high-tech enterprise cash flow managementstrategies and recommendations for Chinese high-tech enterprises to enhance cash flowmanagementtheoretical basis and practical guidance.The innovation of this paper is mainly reflected in: the high-tech enterprises with thetraditional industrial enterprises more systematic comparison, systematic analysis of the lifecycle of the enterprise in which the various stages of the center of gravity of the cash flowmanagement. Combination of existing cash flow management research, the specific strategiesand measures of cash flow management of all stages of the life cycle of high-tech enterprises.Cash flow management needs of high-tech enterprise of research and innovation strategy andthe overall investment strategy, fund-raising activities, in accordance with the cash flowcharacteristics of the different life cycle stages of the high-tech enterprises, operatingactivities net cash flow to maximize free cash flow to maximize the three center of gravity,and a more in-depth discussion. Finally, Venus, for example, cash flows vertical analysis andhorizontal contrast, analysis of the status of the enterprise cash flow management on a dailybusiness activities, financing activities, investing activities, cash flow management, lack of feedback of its management process. Which raised the long-term cash flow budgetmanagement in the process of technological innovation and knowledge management, andincreased emphasis on improving the creative ability of the endogenous cash flow, optimizecash flow management on Financing, concerned about the investment program for theaccumulation of corporate knowledge assets and knowledge asset quality the contribution toenhance the technological innovation capability and capacity for sustainable development.