Capital chain break such as "broken blood", paint enterprises beware of financial risks

China Paint Network
: Although with some areas of real estate "limited purchase" order lifted, the real estate market environment is expected to warm up, but wardrobes and other furniture industry is still volatile. Nowadays, the wardrobe market competition is increasing, the survival and development of enterprises are more and more threatened, and last year Shenzhen Huaren, Huayuan Xuan, Fushima furniture due to the collapse of the capital chain bankruptcy. In fact, for wardrobe enterprises, the capital chain is "broken blood". Therefore, it is very important to attach importance to the fund management.
We all know, by the regulation of property market policy, some of China's wardrobe enterprises in recent years have been struggling, although this year's housing restrictions relaxed, the central bank cut interest rates and other good home industry news, but now the wardrobe market is overcrowded, competition is becoming more intense, profit margins are shrinking, many small and medium-sized enterprises have difficulties in survival. Especially in the "cash for the king" today, lack of funds, rising costs, declining efficiency and other issues will eventually lead to the break of the capital chain, and the break of the capital chain will lead to more small and medium-sized enterprises operating difficulties or even bankruptcy.
the importance of funds for wardrobe enterprises, just like the human body and blood, if the blood flow, that enterprise certainly has no way to live. Once the funds are short or broken, it becomes the last straw for the wardrobe business. For wardrobe small and medium-sized enterprises, the weak capital chain problem has a long history, therefore, enterprises should be more careful to deal with the problem of capital turnover, in order to have a way out of development.
the problem of capital chain, how to prevent capital risk, maintain capital security, improve capital efficiency, has become a wardrobe and other home industry focus. And some industry insiders said: "the smooth flow of capital chain is the most critical issue for the survival of enterprises, no matter when, must have the support of funds, hands can not be without
money!" At present, many wardrobe enterprises are "expansion model" of the active promoter, think that the larger the size of the enterprise, the more invincible. And they tend to ignore financial risk control, which is the main reason for the short-lived Chinese enterprises. In small and medium-sized wardrobe enterprises, most enterprises are most concerned about the market prospects, investment budget, sales targets, profit targets and personnel input, but not enough attention to risk management and control. Even if the plan is seriously out of touch with reality, the financial indicators are easily exceeded by the enterprise's expected planning, and the project's capital investment is not effectively controlled because the plan is disrupted. If the planned income shrinks in the early stages, and the investment in the later stages needs to be increased, the capital chain will often break easily, and enterprises will be in a more difficult situation.
refore, wardrobe enterprises in the process of capital turnover, but also for the funding problem in advance to do a good job of planning and forecasting, in fact, only on the issue of funds to prepare the curtain, wardrobe enterprises can win considerable development.