On Key Points of Financial Cost Management in Small and Medium-Sized Enterprises

Xingwu Yu, Weixing Wang


Chinese small and medium-sized enterprises (SME), accounting for 99.3% of all Chinese corporations, create
enormous economic fortune and employment opportunity. However, most of SMEs are lack of capital, with
simple equipments and improper management, so they are incapable to withstand risks and easy to be involved
in difficulty. Therefore, we should properly guide SMEs to enhance financing, investment management and the
management of other value chain activities, which will contribute to their survival, development, strength, and
increasing improvement of market competitiveness.

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DOI: http://dx.doi.org/10.5539/ijbm.v5n11p177

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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