Economics, Econometrics and Finance
4 years ago

Financial woes plague small businesses in Zhejiang, hindering growth and innovation.

Investytsiyi praktyka ta dosvid
PROBLEMS AND IMPROVEMENT MEASURES IN FINANCIAL MANAGEMENT OF SMALL AND MEDIUM-SIZED PRIVATE ENTERPRISES IN ZHEJIANG PROVINCE
І. Nazarenko, Zhou Yalian

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Small and medium private enterprises in Zhejiang Province face financial management challenges. Problems include limited capital, lack of financial risk awareness, weak financial management, and inadequate investment. To address these issues, enterprises need to improve financial management, enhance financial risk awareness, and optimize financial management models. By implementing strategic management measures, businesses can overcome these obstacles and thrive in the competitive market environment.