Research On The Capital Operation Strategy And Implementation Plan Of Z Company

Energy-saving & Environmental protection enterprises have been considered as the new pillar industries of the national economy in China,shortage of funds,accounts receivable pressure and other issues are the main problems faced by small and medium enterprises in the field of energy conservation and environmental protection,and some other enterprises which develop faster,fall into the platform period,cannot find a new growth point.Z.Company was founded five years ago,relying on its own advantages and group supports,has achieved rapid development in the past five years,and now Z.Company has to solve the problems of sustained profitability and a single large customer dependence urgently.Based on the theory of enterprise life cycle,this paper puts forward the model of different capital operation strategies according to the development stage of the enterprise,combining the financing and M & A to solve the existing problems of continuous profitability of Z Company.Listed two M & A targets and three investment targets,through the preparation of cash flow statement and profit statement budget,to identify the main risk points and control programs.The research results of this paper,will help small and medium-sized high-tech enterprises overcome the platform period,get into the sustainable development period.