Risk Management Of Small And Medium-Sized Enterprise

Small and medium-sized enterprise (SME) issue is a long-term worldwide issue. In foreign countries, Small and medium-sized enterprise had developed rapidly ever since the Second World War. At the national level, since the reform and opening policy, small and medium enterprises are developing at a amazing speed. It has become a pearl on the stage of China's economic growth. However, the uncertainty of the market economy is a great obstacle very difficult to overstep to most enterprises, especially to many small and medium enterprises. Many of them are facing with unprecedented challenges in risk management. Therefore, how to effectively identify and control risks for Small and medium-sized enterprise to win a higher return on investment, as well as the broader prospects for the development of SMEs is the key to success. Under such a severe circumstance, to deeply research into the problem of risk management has both practical and theoretical meaning.Based on the summarization of the current research stage of the enterprise risk management in and outside the country, this paper definite the Small and medium-sized enterprise firstly. Subsequently, the paper identified and expounded the risk of Small and medium-sized enterprise after analyzing the characteristics of it. Pointing out the two major types of risks faced by the Small and medium-sized enterprise, which is uncontrollable risk and controllable risk. The later also includes management risk, financial management risk, human resources management risk, brand risk, technology risk, equipment risk, and information risk;What's more, according to all kinds of risk's character, this paper structures the evaluation models for Small and medium-sized enterprise, by using methods of Analytical Hierarchy Process(AHP) and Fuzzy Comprehensive Evaluation(FCE).Using the investigation of Questionnaire survey,this models has authentically proved by substantial examples afterwards. Analyzing from the result of examples, three important controllable risks including management risk, financial management risk, human resources management risk has be chosen to do research of prevention of specific control. Finally, the paper put forward the specific measures to keep away the risks of Small and medium-sized enterprise, which are to guard against the uncontrollable risks. Consequently, enterprise could keep away the controllable risks from the point of view of the overall business.