Agricultural growth and development is the cornerstone of national economic development.The "three rural issues" maintain national security and are the "ballast" to stabilize national economic and social development.Driven by the strategy of rural revitalization,a new pattern of agricultural development with industrial prosperity as the core has gradually taken shape.However,financing problems still plague most agricultural enterprises.Due to the characteristics of large early investment,low profit rate and long payback period in agriculture,investment institutions have low willingness to invest in agriculture,and banks and other financial institutions have more restrictions on agricultural credit.It is an urgent problem to alleviate the financial difficulties of agricultural enterprises.Therefore,it is of practical significance to analyze the financing problems of agricultural enterprises.This paper selects Xiaoming Shares in the breeding industry in Ningxia as the case study object to study the financing of start-up agricultural enterprises in the entrepreneurial development stage.First of all,through reading domestic and foreign literature,understand the current agricultural financing problems.Secondly,analyze the current situation and financing environment of Xiaoming Shares.According to previous scholars’ research and based on the report data and enterprise development status,the entrepreneurial stage of Xiaoming Shares is divided into a life period,a development period and a maturity period.The life period is 2012-2013,the development period is 2014-2019,and the maturity period is 2020-2021.Finally,it analyzes the financing situation and financing effect at different stages of Xiaoming Shares,summarizes the financing problems of Xiaoming Shares,analyzes the causes of the problems,and puts forward countermeasures and suggestions.The research conclusions of this paper are as follows:(1)When financing,enterprises in the entrepreneurial period should consider their entrepreneurial stage,choose appropriate financing channels and financing structures,and adapt to the characteristics of the development stage of enterprises.(2)Equity financing has a positive effect on enterprises in the start-up period.Equity financing can improve the capital structure,fill the fund shortage and reduce financial risks.(3)Government subsidies can effectively relieve the capital pressure at the initial stage of entrepreneurship.Enterprises in the entrepreneurial period should actively understand government policies and reasonably use policy tools to help enterprises develop. |