Research On Financing Strategy Of Suzhou YK Company

Small and medium-sized enterprises are the backbone of the national economy in China's national economy and the benefits to people's livelihood.As public entrepreneurship,innovation trend,and the coming of knowledge economy,high-tech enterprises is becoming a core of small and medium-sized enterprises.Due to the dual characteristics of "high" and "small",it need to spend a lot of money in terms of "high" the development and innovation,in the aspect of "small" to prove its small size,less money,the combination of these two aspects,in its rapid development,the biggest problem is the capital problem.Therefore,how to choose suitable for their own development financing strategies,to provide the money for the survival and development of the enterprise,has become the small and medium-sized enterprise growth and development needs to solve an important problem.The main way of financing for small and medium-sized enterprises in bank lending,equity financing owing to the high threshold,financing costs,make it hard for a lot of small and medium-sized enterprises to enter the capital market,raise the required funds.Capital is the blood of enterprises,small and medium-sized enterprises have low financing efficiency,which will result in the slow development of enterprises in this high-speed competitive era,and cannot expand the scale in the competitive position.In the era of science and technology innovation,new technology,new results emerge in endlessly,financing way with some supporting policies and policies become diversified,how to select the suitable for your business in this era of change the financing way,to solve the current difficulties in financing are small and medium-sized enterprise must consider the question.This paper embarks from the actual cases,the selection of Suzhou YK as a typical case of technology-based smes to financing strategy research and analysis,and dig out the suitable for small and mid-sized enterprise financing strategy.Firstly,this paper introduces the concept of small enterprises and briefly introduces the relevant domestic and international research trends.Then small and mid-sized enterprise financing theory are summarized.Small and mid-sized enterprise financing way was introduced in detail later in this paper,the general situation of suzhou YK financing,development stage and main business are reviewed,and the suzhou YK company related financial indicators are analyzed,and on this basis this paper expounds the process of financing and financing needs of the company,at the same time analyzed the YK financing problems and causes,puts forward the company for the further development of the present and the future financing strategy and guarantee the strategy implementation plan.This paper focuses on the financing method of technology-based smes.Second,combined with YK development situation,we put forward the principle of suitable for the company's financing and financing strategy and safeguard measures.Suzhou YK shall determine the suitable financing structure,put forward is given priority to with endogenous financing and bank lending,policy financing and financing lease is complementary,at the same time should increase bank acceptance bill financing,and private financing,financing and other new three board multiple financing methods.This paper analyzes the current financing mode of Tech S&M Enterprise.By the research of Suzhou YK company financing strategy,Author hope to find the best financing way that suitable for the financing difficulty SMEs.When choosing financing strategies,enterprises should reduce the financing cost of enterprises on the one hand and prevent corresponding financing risks in the financing process.finally realize the healthy and sustainable development of the enterprise.