Keywords private enterprises; Financial management; System optimization; Problems; explore
Private enterprises are an important part of China's economic development, which directly affects China's economic development and social harmony and stability. In the process of continuous development and growth of private enterprises, the potential problems of financial management system are gradually exposed, which greatly hinders the sustainable development of private enterprises. The management foundation is weak, the system is uncoordinated and the investment risk is huge. Only pay attention to the problem of weak sales and financial management, always remind private enterprises to face up to the internal financial management situation in time, intensify efforts to comprehensively rectify the internal financial management system, and effectively avoid corporate financial risks.
First, some problems in the financial management system of private enterprises
(1) The financial management objectives of enterprises are not clear enough. Most private enterprises did not establish a basic financial management system at the beginning of their establishment, and their financial objectives and responsibilities were unclear, which led to the inability to implement their strategies and systems. Many small and medium-sized private enterprises are differentiated from family businesses. Managers only pay attention to how to maximize the enterprise value and ignore the internal financial management, which greatly limits the potential function of financial management system to promote the development of enterprises. (2) The leading position of financial management system is not reflected. Private enterprises don't realize that only scientific financial management system can promote their own development more quickly and steadily, and financial management system is in a position of obeying management in private enterprises. Financial management is basically completely subordinate to the system or decision-making of enterprise management, and its leading role has not been fully reflected, so it seems powerless in the face of financial management problems. The relevant decisions made by enterprises because they do not face up to the leading position of financial management will, to a great extent, lay hidden dangers for the future development of enterprises. (3) The financial manager's strategic vision is not long enough. At present, the financial managers of private enterprises do not have the knowledge and skills in financial management, nor do they scientifically realize the great significance of financial management system. In the absence of knowledge and skills, we have not been able to actively supplement this deficiency, and we have not made a reasonable analysis of our own problems under the guidance of financial theory when making business development decisions. The decision-making is too arbitrary, and the financial management system has not been included in the overall goal of the enterprise strategy. (4) Enterprises do not have a good understanding of the financial management system. Although the scale of most private enterprises has evolved into the composition of modern companies, the old financial pipeline theory has not been overthrown, and the new financial management concept has not been deeply rooted in the hearts of the people. The quality of financial personnel in private enterprises is generally not high, and they have insufficient understanding of the significance of financial management system, and their relevant knowledge can not meet the needs of high-tech management system. The financial information and effective resources of private enterprises have not been fully integrated and utilized, and they cannot play a real role.
Second, the necessity of optimizing the financial management system of private enterprises
Only by making excellent achievements in internal financial management can we further promote the rapid development of private enterprises. Financial management system plays a very important role in the management of private enterprises. If a scientific financial management system is not established, private enterprises will struggle on the road of sustainable development. Financial loopholes will bring great risks and obstacles to private enterprises. If these risks and obstacles are not cleared up in time and the financial management system of the enterprise is optimized, the enterprise will not achieve good development.
Third, establish a scientific and reasonable financial management system and integrate the investment and financing strategies of private enterprises.
(1) Establish a capital investment benefit guarantee system. When private enterprises invest, the financial management department should collect and sort out all kinds of information, go deep into the market, conduct a series of feasibility analysis, and summarize the information beneficial to the enterprises. Carry out multi-directional and multi-angle calculation and demonstration on the projects invested by their own enterprises, formulate detailed project budget plans, and deeply analyze the rate of return that can be obtained from project investment. (2) Establish a highly flexible capital turnover cycle system. Formulate strict financing standards, standardize financing behavior, and let enterprises have good commercial credit. Adhere to a reasonable and scientific fund-raising system, try to avoid letting the enterprise be in debt for production and business activities, and let the funds within the enterprise gradually form a good circulation system. When mobilizing funds, the ability of private enterprises to repay debts should be taken into account. When raising funds for project construction, don't blindly borrow money, which invisibly increases the risk of enterprise development. (3) Establish a special financial management system supervision department. Private enterprises should set up special supervision departments to monitor the financial information of enterprises. Prevent excessive dispersion and waste of financial funds of enterprises and use them in parts that are not conducive to enterprises. Enterprises should formulate distribution principles related to after-tax profits in order to increase the accumulation of funds. The supervision department of the financial management system should give full play to its supervisory role and strictly supervise the use and turnover of enterprise funds. (4) Strengthen the supervision, control and forecast of capital flow. Private enterprises should strengthen the supervision of capital income and expenditure, and record the time, amount and purpose of capital entry and expenditure. Under the premise of implementing supervision, we will try our best to predict the funds needed for the future development of enterprises and prepare funds in time to meet the needs of enterprise development. Strengthen the rules and regulations of collecting customers' accounts, act according to the rules, collect money according to law, and prevent customers from deliberately delaying a series of behaviors that affect enterprise fund management. (5) Improve the budget-related implementation system. The financial management department of private enterprises should make clear the profit target, work out the enterprise capital budget plan according to the actual situation of the enterprise under the principle of realizing the profit target, and ensure strict implementation. Starting with the sales budget, according to the capital expenditure budget plan made by the enterprise's financial resources, the production quantity is determined according to the expected sales volume, so as to draw up the production cost budget, and then use the production cost budget to estimate a series of expenditures such as production labor and materials generated in the production process. Finally, by summarizing these budget data, we can work out the cost budget, comprehensive material budget table, income statement, capital situation table and capital flow table of the whole enterprise. Perfecting the financial budget execution system is of great significance to private enterprises. A reasonable financial budget will enable private enterprises to avoid various financial losses in their development. (6) Introduce information technology to keep abreast of enterprise funds. Financial information has time value. Private enterprises often miss many development opportunities and bring irreparable losses to enterprises because they do not grasp relevant financial information in time or rectify loopholes in financial management system in time. Therefore, timely understanding of financial information plays an important role in financial management. Information technology is introduced into the current financial management system of private enterprises, so that the fast and convenient characteristics of information technology can better serve private enterprises. The introduction of information technology enables enterprise managers to know the internal accounting information and financial situation in time, which can effectively avoid problems such as financial information losing its time use value and leading to decision-making mistakes, and promote private enterprises to embark on the road of scientific and technological development. (7) Strengthen the risk management of the financial system. In the increasingly fierce market competition environment, investment risks are everywhere. Private enterprises may face the risk of economic losses at any time. The rapid economic development in the new century has produced a series of new risk factors, which makes private enterprises face more and more risks. Due to the rapid development of information technology and the continuous innovation of financial industry tools, the capital flow between enterprises is obviously faster, which has gradually evolved from tangible objects to intangible capital flows, and managers' decisions may be completed in a very short time. These factors further increase the financial risks of private enterprises in their production and business activities. If private enterprises can't grasp and understand their internal financial information in time and judge the authenticity and effectiveness of external information, it may lead to decision-making mistakes and investment risks. Therefore, private enterprises should timely estimate the harmful effects of environmental and market changes and choose appropriate preventive measures to resist the financial crisis caused by various risks. When optimizing the financial management system of private enterprises, we must be brave in innovation in order to effectively promote the harmonious development of enterprises.
Four. conclusion
The limitations of their own enterprises and development space, as well as the immature market economy conditions at the beginning of the establishment of private enterprises. Many obstacles have been set up in the development of private enterprises. These obstacles exist objectively. If private enterprises want to break through the limitations and achieve faster development, they must abandon the outdated and backward financial management system and actively explore a scientific, reasonable and feasible fund management system. When private enterprises take the road of sustainable development, they must attach importance to the importance of enterprise financial management system and put it in a leading position as an important part of enterprise internal control management. Regular training for financial managers of private enterprises will enable them to master and skillfully use advanced and reasonable fund management skills, establish scientific fund management concepts, and continuously promote the development of private enterprises in China. The continuous maturity and perfection of the financial management system of private enterprises will surely make private enterprises occupy an indispensable and important position in the future economic development of China.
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