Research On Financing Strategy Of Small And Micro Enterprises

The Chinese economy is in a new development stage,under the background of supply reformation,small & micro enterprises have gradually entered people’s vision and received attention from all walks of life.At the macro level,small & micro enterprises are the backbone of china’s economic development,and promote the development of national strategic emerging industries,and promote technological innovation.At the micro level,small & micro enterprises provide job opportunities and alleviate employment problems.However,the development of small & micro enterprises is also facing many difficulties.The purpose of this paper is to conduct in-depth investigation and research,scientific collation,improvement and induction based on the financing of small & micro enterprises in Huanggang market of Hubei Province.With a view to forming an environment to support the development,and improve the financing model of small & micro enterprises.In the fierce market competition environment,Huanggang Shengtian Medical Devices Company,as a small and micro enterprise,needs external financing in addition to its own accumulation and shareholder investment to gain a firm foothold and greater development.However,in the actual financing process,Huanggang Shengtian Medical Devices Company has a small scale,weak ability to resist market risks,low management level,insufficient credit ability and guarantee ability.Banks over-consider their own benefits and financing risks and can not serve small and micro enterprises well.In addition,indirect financing methods of small and micro enterprises can not be realized because of their opaque financial situation.In addition,there are other problems such as lack of financing channels and insufficient financial support.Among them,there are the problems of enterprises themselves,as well as the reasons of financial institutions such as banks and social environment.This paper introduces the current situation of financing of small and micro enterprises in China,common financing methods,relevant financing theory of small and micro enterprises and literature review at home and abroad.Referring to the financing experience of foreign small and micro enterprises,this paper sums up the financing schemes suitable for China’s small and micro enterprises.Accordingly,the paper puts forward relevant countermeasures and suggestions to improve the financing of Huanggang Shengtian Medical Devices Company,including solving the problems of Huanggang ShengtianMedical Devices Company itself,building a multi-level financial service system for small and micro enterprises,and enhancing the external social environment protection of Huanggang Shengtian Medical Devices Company.Through the research on financing problems of Huanggang Shengtian Medical Devices Company,we hope to provide some reference for similar small and micro enterprises in financing.