The A Nalysis Of Enterprise Financing Mode In Start-up Stage

In China, minor enterprises have become a great dynamic economic sectors,it is also an important part of the national economy and have made a significant contribution to Chinese economic development and employment. In real life, the growth process of minor enterprises has always been plagued by financial troubles, particularly in start-up stage and expansion stage, because the problem of credit make it difficult to obtain bank financing. The other hand, the business did not develop to a certain extent for equity financing and bond financing, these restrictions resulting in a tight budget problem which is widespread in the start-up stage of minor enterprises. Meanwhile, experts and scholars from domestic and foreign did a detailed diagnosis and analysis of minor enterprises from many different angles, in these research studies which have demonstrated that financing problems is not just the generally case in the start-up stage, but make it become a serious limitation on the development of enterprises.This article is divided into three parts, the former part is to take a brief look at the existing corporate finance theory to divide the financing mode from different perspectives, at the same time, getting the pecking order when the enterprises made the choice of financing mode based on the influence of the analysis on six factors of financing mode of minor enterprises. And we can get the choice of financing mode and the merits and demerits of each selection of various financing modes by analyzing minor enterprises at all stages according to enterprise life cycle theory. The middle part of the article introduced the developed and popular financing model of the Internet in recent years, which focuses on the introduction and analysis of two kinds of financing mode, P2 P lending and crowdfunding. Finally,pointed out that the different financing modes an enterprise chosen in the course of business lead to different effect through the management status analysis of X company, particularly explained reverse factoring in detail. In addition to lists the advantages and disadvantages and risks of Internet financing mode by discussing the secondary financing of X company. Hope to take the X company as an example to provide a useful reference on the choice of financing mode for start-up enterprises or developing minor or micro enterprise in start-up terms.