What is the current situation of financial management of private enterprises

1, most of the small and medium-sized private enterprises mainly rely on self-completion of the accumulation of primary funds, low market competitiveness, the ability of private enterprises to withstand risk is poor, the proportion of bankruptcy is large.

2, small and medium-sized private enterprises have low credit management ability, resulting in an increase in financing costs and make financing more complicated.

3, China's private enterprises at this stage of the company's financial governance structure is not perfect, most of the financial statements are not standardized.

4, part of the small and medium-sized private enterprises there are duplication of construction, inefficient use of funds and blind investment phenomenon, higher assets and liabilities, enterprise capital risk.