Three Effective Ways To Manage Financing Strategy

< p > < strong > 1, seeking the best < /strong > a href= "//www.sjfzxm.com/news/index_c.asp" > strong > capital structure < /strong > /a > /p >
< p > capital structure is the proportion relationship between debt financing and equity financing in the total capital of enterprises, that is, debt financing accounts for the proportion of total capital. Capital structure is the core issue of corporate financing strategy. The essence of capital structure is to maintain a moderate debt ratio at the very lowest cost of capital. According to the actual situation of small and medium-sized enterprises, we weigh the effects and risks of debt raising, rationally determine the best capital structure of enterprises, App Co's value estimation method, weigh the capital cost method and analogy method, and ensure the realization of capital structure optimization through reorganization, corporate governance reconstruction and incentive system reengineering and other supporting strategies. < /p >
< p > capital structure, from the traditional lever theory to the MM theory of the modern capital structure starting point, then to the pecking order financing theory and the information asymmetry theory, makes the capital structure theory constantly evolve and deepen. This will urge the theory and practice workers to explore the capital structure proposition without fail, so as to better guide the practice of investment and financial management. < /p >
< p > < strong > two, choose the best financing opportunity of enterprises < /strong > /p >
< p > Enterprise < a href= "//www.sjfzxm.com/news/index_c.asp" > financing strategy < /a > must have advanced foresight. Enterprises should be able to grasp all kinds of external and environmental factors such as interest rates, exchange rates and other financial markets at home and abroad, understand macroeconomic environment, monetary and fiscal policies, and political environment at home and abroad, and rationally analyze and predict all kinds of favorable and unfavorable conditions that may affect the financing of enterprises and possible trend of change, so as to find the best timing for financing and make decisive decisions. Considering the characteristics of specific financing methods and combining with the actual situation of the enterprises, a reasonable financing strategy should be worked out at the right time. < /p >
< p > < strong > three, as far as possible to reduce the enterprise < a href= "//www.sjfzxm.com/news/index_c.asp" > financing cost < /a > /strong > /p >
< p > financing cost is the decisive factor that determines the efficiency of enterprise financing. For small and medium-sized enterprises, choosing the financing method is of great significance. In the financing practice of enterprises, there is an excellent order in financing. Generally speaking, the preferred sequence is: first, the self financing of enterprises. If small and medium enterprises invest less, it is preferable to withdraw cash from deposit accounts; secondly, consider short-term investment realisation. < /p >
< p > two, when SMEs have insufficient funds, they generally give priority to lowering dividends. The three is external financing. Enterprises first consider bank loans, then issue bonds, and finally issue shares. From the perspective of financing priority, we can see that internal financing is the most important one, while stock financing is the last option in external financing. < /p >