Problems in enterprise financial risk control 1. Internal problems in enterprise financial risk control.
First, we can't give perfect research and analysis for specific investment projects. That is, under the premise of failing to clarify the reasons for the breeding of corporate financial risks, the county officials' decision-making plan is made at will. It should be noted that subjective judgment will inevitably lead to risky behavior and financial risks, which will make the enterprise unable to achieve the preset benefit goal and face a severe competitive crisis. Second, employees' awareness of financial risks is extremely lacking. It is mainly because many enterprises have not actively promoted the concept of financial risk management in the actual operation and management, and some financial management staff are prone to make mistakes in related risk handling because of their lack of professional knowledge and practical experience, which has laid a huge security risk for enterprises. Furthermore, the internal financial management responsibilities of many enterprises are extremely disordered, including the lack of strict division of responsibilities between various institutions, which makes many contradictions in fund management.
2. Enterprise financial risk control external problems.
In the process of financial management, enterprises are faced with many external environmental factors, including social culture, economy, resources and legal environment, which have a profound impact on the quality of financial management. Simply take the environmental factors of market economy as an example. Nowadays, the number of competitors in related industries is increasing rapidly, and the types of industries are becoming more and more abundant. Once financial decisions are wrong, enterprises will enter a deeper development dilemma early. In addition, the signs of exchange rate fluctuations will make the financing cost of enterprises change synchronously. In the face of the increasingly intensified risk situation, if the macroeconomic environment cannot operate in a balanced way, the profit space of enterprises will be sharply reduced.
Precautionary Countermeasures for Financial Risk Control of Enterprises (1) Strengthen management.
Strategies such as joint venture between enterprises and diversified control of foreign investment are adopted to ensure that relevant financial risks are decentralized in time. Once an enterprise faces some investment projects with huge risks during its operation, it can consider investing in cooperation with other enterprises, during which an agreement is established to share profits and bear risks, so as to avoid loopholes in financial risk control arising from excessive investment pressure independently. In addition, in the multi-economic management environment, even if some products bring a certain amount of economic losses to the enterprise because of unsalable sales, the management subject can also consider offsetting them with the income of other products, further assisting the enterprise to reasonably implement the preset various income standard indicators.
(2) Shorten the operation cycle
This part of the cycle emphasizes the result of the speed of sales revenue achieved by enterprises through resource production. If the cycle is shorter and shorter, it proves that the cash withdrawal rate of a specific enterprise is faster, and on the contrary, it is slower. However, due to the differences in technical strength and supply chain management mode of different enterprises, this part of the cycle is not the same. Some industries with complex processes can last for more than a few months, and the process is often controlled within a few days. No matter what kind of enterprises want to gain a foothold in the current fierce market competition environment, they must continuously improve the quality of their products and services, and comprehensively shorten the cycle of operation.
(3) Correctly handle enterprise financing strategy and investment strategy.