Research On The Law Of The Financing Needs Of Start-up Businesses

Start-up enterprises have very important significance on Chinese economic development. A lot of entrepreneurial activity can promote economic growth, enhance the comprehensive national strength and international competitiveness, also become an important way of China's change the mode of economic growth. Personal entrepreneurship can ease the employment pressure and solve employment problems; conducive to entrepreneurial activity and self-nurturing the entrepreneurial spirit of daring to take risks, exercise and nurture entrepreneurs. However, Chinese start-up businesses face of capital financing and debt capital financing gaps in general, and special to face discrimination in the ownership, corporate management structure and social credit shows very imperfect and more profound impact. Therefore, We need to analyze start-up enterprises in the financing have any specific needs, what factors affected start-up financing, what's the law of the overall financing needs of start-up enterprises, to solve the problem of start-up financing.In the modern enterprise finance theory, including net gain theory, the theory of net business income, the traditional compromise theory, M-M theory, trade of theory, incentive theory, asymmetric information theory, the pecking order theory. These theories are around corporate finance structure and enterprise value to the relationship between the start, entrepreneurial enterprises is the goal of maximizing value. The relationship between financing structure and the value of enterprise decides what kind of business financing needs and make what financing decisions. Start-up enterprise financing theory includes enterprise financial growth cycle theory, the financing market "double gap" theory, and the theory of credit rationing, entrepreneurial corporate finance capacity assessment, modeling growth entrepreneurial enterprises. The financial growth cycle model better explain changes in the structure of corporate finance law from the perspective of long-term and dynamic, so we analyze the needs of start-up financing of different growth...