free papers,research papers,free term paper samples

On the ease of financial management chain Oil

Abstract: summed rest assured grain and oil chain model: Direct chain, franchise chain, voluntary chain operations, and financial management were discussed.

Keywords: grain, chain management, financial management

First, the "rest assured Oil" chain model
Chain management is to set the basic characteristics of distribution centers, centralized bulk purchase, sale by the branch network. "Assured Oil" mode of operation for the provinces, the actual situation in different regions varied, the existing grain and oil chain, the sum induction can be divided into three main chain mode of operation: first, Direct chain so-called Direct chain, is the chain's stores opened by the wholly owned or holding companies headquartered in the headquarters under the direct leadership of a unified management. Second, the franchise chain. is the franchisor of the franchise contract in the form of their trademarks, trade names, logos, products, business models and other grants the franchisee to use the franchisor's business model in a unified business activities, and to pay appropriate license fees as a mode of operation. Third, the voluntary chain. refers to a number of entirely independent retailers to increase their visibility and enhance the resources and brand, while retaining ownership of a single capital base on the implementation of a joint mode of operation.

Second, rest assured that the financial management of grain and oil
With the continuous development of the socialist market economy, market competition is intensifying. Chain operator is also facing new challenges, the traditional financial management, accounting methods are difficult to adapt to the requirements of enterprise development. Enterprises to develop innovative financial management must In multi-branch multi-branch case, the chain of financial enterprises to adopt centralized headquarters to headquarters as the core of a unified accounting management, strong weak branch headquarters, branch finance only the most basic work is conducive to the spirit of unity to achieve financial implementation, decision-making for the enterprise to provide timely, accurate, and practical financial analysis.

(A development of the scientific objectives of financial management
First, it should implement a comprehensive budget management, improve decision-making level of financial management objectives of the development, both as a reference to historical data, but also to share information widely, a more accurate grasp of market development and business trends, but also a number of important factors should be quantitative analysis, in order to truly establish management objectives based on scientific evidence. financial budget in the implementation process, to highlight the rigidity of the budget, management focus to implement the process control the financial sector to grasp the dynamics of economic operation and found situation, time to find the reasons put forward to solve the problem. for the deviation due to budgetary reasons, to amend the budget targets, so that the budget really serve to guide the economy. Second, the central goal of selecting the financial management, profit management intensive training a long time, the chain operator's financial management, as the central objective is to maximize profits, sales targets as the main supporting goals. Therefore, Research should focus on financial management in order to maximize enterprise value as the central objective of the diversification of financial management system to effectively control and influence of capital preservation and appreciation of the various factors and practices to ensure that the economic value of corporate goals and social values ​​goals again , according to the company at different times of development characteristics, selected financial management of the supporting goals. to build a viable operating system to ensure that the central objective of the implementation of the completion of the forecast for the company, to provide a reliable basis for decision-making Finally, financial management, goal setting, should be with the company's existing management system and the overall level of adaptation, it is necessary to reflect the company's development strategy, can not be too far ahead, to avoid a mere formality.

(Two studies focus on corporate finance strategy
First, the marketing-led change to the financial-oriented. Factors of production capital is the glue, the driving force of economic activity. Good or bad the standard measure of business investment rate of return. In order to improve return on investment, companies can according to different periods of economic development, flexibility to adjust the operating principle is necessary to implement an incremental reduction of business or operations, enhance the viability and adaptability. Accordingly, the financial companies leading the financial strategy is based on control of economic activities and remain consistent with business activities. Second, debt management and operation of the alternating use of its own capital. Debt management is one of the basic characteristics of modern enterprises in Western countries, more profitable firms tend to have more debt, but debt management can not be blindly carried out according to the economic changes in the development cycle, alternating the use of debt management and their own two financial capital management strategy. Third, the pursuit of business growth as the financial strategy of long-term goal should be to business growth in the forefront. appropriately updated equipment to improve and expand business network level of investment, while ensuring the quality of investment. Fourth, the assets to maintain the best condition, namely: according to the increase in corporate profits and business costs of the specific objectives in the context of market forecasts, a comprehensive plan to determine all aspects of the capital budget, to eliminate all waste and stagnant funding conditions to ensure the realization of a predetermined rate of return on investment, and raising and investment of time to make the convergence plan, ensure that the asset is always at its best. Fifth, actively study the financial environment. Research task is to understand the financial environment, financial management environment in which the state and trends, carry out financial activities to grasp the favorable and unfavorable conditions, the timely adjustment of the financial strategy, so that with the changing financial environment in harmony. Enterprise Finance staff can choose within a certain range benefits or reduce eliminating defects, such as improving portfolio to diversify risk, stable income, but also to some extent the opportunities to use changes in the environment, reasonable to raise funds for the effective delivery and use of funds to improve the profitability of the enterprises, in order to ensure the dynamic development of enterprises in the implementation to maximize shareholders' equity. Links to free download http://www.hi138.com
(C to accelerate the pace of business management and technological progress
The use of computer network system for enterprise financial management, funding and logistics to speed up overall turnover. To master and apply modern management tools to enhance the level of corporate governance is the only way. Domestic chain enterprises with foreign investment, joint ventures chain management is the biggest difference between and means behind, so need to be determined chain enterprises to accelerate the pace of scientific progress, to build computer analysis and management systems, and study business management and financial management and other aspects of the operation of the implementation of norms in order to raise the overall level of management of modern enterprises, and better accumulated wealth for the corporate, financial, and give full play an important role in the management of the core.

First, the implementation of networked computerized accounting management the current chain operator is no longer isolated, single store, but a kind of intensive, continuous, cross-boundary management features of the store. Headquarters after the branch network , you can monitor real-time remote query function and secondly, the establishment of financial information exchange centers (financial MIS system of financial internal, since the chain stores and more enterprises, face powder, the headquarters often have a lot of information needs to immediately notify the branch On the contrary, there are many stores information needs feedback headquarters, so a high-speed, convenient two-way information exchange platform that financial MIS system, it is necessary. Third, a financial audit system, electronic funds due to chain stores business and geographical dispersion headquarters features centralized management of funds, often to the branch audit and payment of money inconvenience, you can avoid the use of electronic audit system for more than conflict. approval in terms of when and where people are allowed to board approval system, electronic signature and approval by after "document" the flow of the Finance Department, Finance Department then under the 'document' expectations on the date of payment arrangements for disbursement of funds to enhance the timeliness of money, funding arrangements to facilitate the financial and capital budget management.

III Conclusion
With the ease Oil into communities, the popularity of rural areas, financial accounting changes will be corresponding with the business change companies for which specific accounting method should be based on the characteristics of their environment and selection. Links to free download Center http://www.hi138.com

Newest Research Papers

  • Newest
  • Financial Analysis Papers

MOST POPULAR Financial Analysis Papers

  • 24Hours
  • 7Days
  • 30Days