15 enterprise innovative financing strategy

15 enterprise innovative financing strategy

How do enterprises realize innovative financing? What strategies can help enterprises raise innovative funds?

First, the capitalization strategy of intangible assets

In capital operation, enterprises should not only attach importance to tangible assets, but also properly evaluate and capitalize intangible assets of enterprises. Generally speaking, the main way to capitalize the intangible assets of famous brand enterprises is to develop brand-led enterprise groups, and rely on the scale linkage of a number of brand-name products and enterprise groups to achieve the purpose of market coverage.

Second, the financing strategy of franchising small and medium-sized enterprises

The significance of modern franchising has gone beyond this special investment mode itself, which has had a great impact on people's economic and cultural life. Franchising actually adds a contract bond to ordinary capital bonds. Franchisors and franchisees maintain their independence and make profits through franchise cooperation. Franchisees can gain a bigger market with less investment, while franchisees can participate in and share other people's investments at low cost, especially the benefits brought by intangible assets.

Third, the turnkey project strategy

Turnkey project refers to the construction of factories or other engineering projects for the host country by multinational companies. After the design and construction are completed and the initial operation is completed, the ownership and management rights of the factories or engineering projects are transferred? Keys? According to the contract? Turn it in Give it to the other party, and the other party will start to operate.

Turnkey project is a non-equity investment method developed by multinational companies in developed countries after investment in developing countries is blocked. In addition, when they have the cutting-edge technology needed by a certain market and want to cover the market quickly and in a large area, but they are short of funds and other factors, they will also consider adopting turnkey projects.

Fourth, the repurchase contract strategy

International repurchase contract management is essentially a combination of technology authorization, foreign investment, entrusted processing and compensation trade, which is still popular at present. Compensation investment? Or? Peer investment? .

Generally speaking, this kind of economic cooperation means that multinational companies in developed countries export whole plant equipment or patented manufacturing technology to enterprises in developing countries, and multinational companies get an appropriate proportion of products produced by enterprises as payment methods after they put into production. Investors can also get various benefits from production, such as providing machines, equipment, spare parts and other products.

Verb (abbreviation of verb) BOT SME financing strategy

BOT (construction? Operation? Transfer) is a relatively new way of contractual direct investment.

Handover in BOT is the key to distinguish BOT investment mode from other investment modes. A contractual or contractual-equity joint venture means that most investors recover their investment through depreciation of fixed assets and profit sharing before the expiration of the operation period. The contract stipulates that after the expiration of the joint venture, all the property of the enterprise will be unconditionally owned by the host country without further liquidation. In the BOT mode of equity joint venture, after the expiration of the operation period, the original enterprise is conditionally handed over to the host country, and the conditions are determined by all parties involved in the preliminary negotiation of the joint venture. The transfer of sole proprietorship also adopts this conditional transfer.

Financing strategy of small and medium-sized enterprises in intransitive verb project

Project SME financing is an international medium-and long-term loan for a specific project. The main guarantee of the project loan is the expected economic benefits of the project and the obligations of other participants to the risks of project construction, non-operation, insufficient income and debt repayment, rather than the financial resources and credibility of the organizer.

There are two main types of project SME financing: one is non-recourse project SME financing, which is risky for lenders and is rarely used; Second, the recourse financing for small and medium-sized enterprises is a common way in the world at present, that is, the lender can not only rely on the project income as the source of debt repayment, but also set a security interest in the assets of the project unit, and can also ask the third party interested in the completion of the project to provide various guarantees. The liability of each guarantor for the project debt is limited to the amount of guarantee provided by each guarantor or the obligations undertaken according to relevant agreements.

7, DEG SME financing strategy

German Investment Development Co., Ltd. (DEG) is a financial institution directly under the German federal government. Its main goal is to help the private economy in developing countries in Asia, Africa and Latin America and countries in transition in Central and Eastern Europe.

DEG's investment projects must be profitable, meet the requirements of environmental protection, belong to non-political sensitive industries, and have a positive impact on national development. DEG's investment target must have professional management, without administrative intervention, and the management has at least 5 years of relevant industry experience. Its total assets should be more than 654.38+00 million DM and less than 5 billion DM, and it has made profits in the previous two years, with retained profits, and its operating profit (net income/sales) should be more than 5%.

Eight, apply for the financing strategy of the world bank IFC unsecured small and medium-sized enterprises.

The International Finance Corporation (IFC) of the World Bank adopts the international practice of commercial banks and invests in specific projects with stable economic returns. At present, this work is mainly carried out in three ways, namely, providing small and medium-sized enterprise project financing to enterprises, helping enterprises in developing countries raise funds in the international financial market, and providing consulting and technical assistance to enterprises and governments. IFC helps the project finance by financing small and medium-sized enterprises with limited recourse. IFC promotes foreign investment in China by directly cooperating with foreign investors, assisting in project design and helping to raise funds.

Nine, small and medium-sized enterprises financial leasing strategy

Financing lease of small and medium-sized enterprises means that the lessor enters into a supply contract with a third party (supplier) according to the requirements and specifications provided by the lessee, and the lessor obtains the factory building, capital goods or other equipment (hereinafter referred to as equipment) within the scope of its interests, and the lessor enters into a lease contract with the lessee, granting the lessee the right to use the equipment on the condition that the lessee pays the rent.

Financing lease for small and medium-sized enterprises is a kind of financing method for small and medium-sized enterprises, and it is a combination of financing for small and medium-sized enterprises. It has a strong financial business color, so it is regarded as a loan business related to equipment.

Ten, the establishment of financial company strategy

According to China's current financial policies and regulations, powerful enterprises can set up financial companies. As a kind of non-bank financial institutions, enterprise group financial companies can initiate the establishment of commercial banks and related securities investment funds and industrial investment funds. To apply for the establishment of a financial company, the applicant must be an enterprise group with a series of specific conditions.

Finance companies can operate: absorb local and foreign currency deposits of member companies, issue bonds of finance companies with approval, issue loans in local and foreign currencies to member companies, and provide buyer's credit to buyers of products of member companies. The People's Bank of China determines and approves this business according to the specific conditions of the finance company.

XI。 Industrial investment fund strategy

Investment fund is an important financing method for small and medium-sized enterprises in the current market economy, which originated in Britain and developed in the United States. At present, the global fund market is worth $3 trillion, which is equivalent to global commodity trade. Since the 1990s, the use of overseas investment funds has become a new and effective means of utilizing foreign capital in China.

There are two main ways to circulate investment funds. One is that the fund itself can be redeemed at any time (closed-end fund); The other is the bidding transfer in the secondary market (open-end fund).

Twelve, the restructuring and transformation strategy of non-performing assets of commercial banks

Banks can be regarded as special policy resources in China, and enterprises can seize the opportunity to control and merge local commercial banks in the form of bank assets reorganization. According to the different organizational methods and reorganization modes, bank assets reorganization can be divided into government forced reorganization and bank independent reorganization; The way of reorganization can be asset replacement and cash purchase. In a word, it is to strive for the holding bank, reform the holding bank, apply for listing, open branches at home and abroad, raise huge funds to support the development of enterprises in the industry, and form a substantial industrial bank.

Thirteen, industry assets reorganization strategy

Asset reorganization is to rapidly expand the business scale, production capacity and marketing network of dominant enterprises in the same industry and related industries at low cost through acquisition, merger, capital injection and holding, joint venture, creditor's rights transfer and joint operation.

Fourteen, SME asset securitization financing strategy

Asset securitization is the latest modern financing tool for small and medium-sized enterprises besides traditional financing methods. It can effectively protect the interests of state ownership of state-owned enterprises and infrastructure and maintain the stability of enterprises, and solve the contradiction between capital demand and ownership forms faced by large and medium-sized state-owned enterprises in the reform of management system.

Asset securitization can transform illiquid assets into highly liquid cash, and the expected future asset income into realized cash income, thus improving the asset-liability structure of enterprises through off-balance-sheet SME financing. At the same time, capital market, bankruptcy isolation, credit enhancement and other measures are used to solve the problem of introducing foreign capital in China, especially the upgrading technology is more suitable for China's current situation.

Fifteen, employee stock ownership strategy

At present, joint-stock companies in China issue new shares. In order to reflect the past operating results of employees, employee shares can be issued to employees. The number of shares held by employees of the Company shall not exceed 65,438+00% of the number of issued public shares (A shares), and the per capita share shall not exceed 5,000 shares; The employee shares of this part of the company can be listed and circulated after half a year from the date of listing of new shares. When the company submits the application materials for public offering of shares, it must submit the number of employees approved by the local labor department and the list of shares subscribed by employees for verification by the China Securities Regulatory Commission. In the future, when the company publicly issues shares, it can no longer arrange employee shares of the company.

Combined with the successful experience of ESOP employee stock ownership plan abroad, we put forward several practical and feasible employee stock ownership plans:

Employee stock ownership meeting. The company law stipulates that a listed company may establish a social organization as a legal person in accordance with the provisions of the civil law? Internal employee stock ownership meeting, with employee stock ownership meeting as the corporate shareholders of the company. In this ESOP meeting, internal employees must hold a certain proportion, such as more than 20%. This kind of employee stock ownership will increase the value of employees' assets after the company is restructured and the issued shares are listed.

Employee fund plan. Company employees form a fund with cash contributions and entrust the fund assets to a professional investment company for operation. The operation of the fund can be carried out independently, or it can be combined with the repurchase plan and employee stock ownership plan.

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