During the three years from 20 18 to 2020, Huayi has been in a state of loss. How will the company save itself?

If a company wants to have higher income and more development opportunities, it must have more correct business strategies and make more correct decisions. Only by making more correct decisions can a company make more correct behaviors in the process of development and become a stronger company.

Huayi Company attracted our attention before, and many people especially recognized its film and television works, but Huayi Company has been going downhill. During the three years from 20 18 to 2020, Huayi has been in a state of loss. How will the company save itself? I think the company will save itself like this:

First, the company will attract more investors.

I think Huayi will definitely find ways to attract more investors when Huayi has been losing money. Because only financing can make the company's debt ratio lower and lower, so that the company has the potential for development. When the company can attract more investors, it can make the company gain longer-term development and regain the trust of consumers.

Second, the company will change its business model.

I think Huayi Company is likely to change its business model, because Huayi lost money before, probably because its business model is wrong. If we can change the business model to a certain extent, Huayi Company is likely to be thoroughly remoulded and regain a foothold in the market, thus improving its competitiveness.

Third, the company will reduce its business scale.

I think Huayi Company is likely to save itself by reducing its business scale, because when the business scale is too large, it will make the company spend more and may not get higher income. If we can continuously reduce the business scale, Huayi Company will reduce costs and improve efficiency, which will greatly promote the development of Huayi Company.

The above is the self-help way of Huayi Company that I analyzed.