Original title: Several steps are needed for precise rescue of small and medium-sized enterprises after repeated epidemics
“The epidemic has repeated itself, and we have become numb. As a catering company, the impact of the epidemic on our business is the biggest, which is directly reflected in revenue. At the most difficult time last year, the company’s cash flow fell by about 80%.” Yang Zisu, general manager of Pufferfish Family (Beijing) Catering Management Co., Ltd., said bluntly.
At present, my country’s market entities have reached 150 million, of which 46 million are enterprises, and more than 99% are small and medium-sized enterprises. However, recently, affected by factors such as high raw material prices, difficult labor and expensive labor, and slow financing, the growth rate of the main operating indicators of small and medium-sized enterprises has slowed down, and downward pressure has increased. In this regard, a reporter from Beijing Business Daily interviewed a number of small and medium-sized enterprises to explore how to “precisely bail out” small and medium-sized enterprises.
Orders continue to shrink: encourage government procurement
To bail out small and medium-sized enterprises, the state has issued new policies. Recently, the General Office of the State Council issued the “Notice on Further Increasing Relief and Assistance for Small and Medium-sized Enterprises” (hereinafter referred to as the “Notice”), which proposes 9 aspects such as promoting tax reduction and fee reduction, flexible and precise use of a variety of financial policy tools. Specific measures. On November 23, the State Council introduced the relevant situation at the regular policy briefing.
At the beginning of the epidemic last year, in order to support small and medium-sized enterprises, local governments have repeatedly introduced policies to reduce or exempt social security and encourage state-owned housing leasing entities to reduce or exempt rents. Yang Zisu told the Beijing Business Daily that these policies were enjoyed last year and provided tangible help to enterprises, but many of them were difficult to maintain this year. “For example, some of our stores cost about 300,000 yuan a month, and I have also consulted a shopping mall to discuss rent reduction, but the shopping mall said it was also very difficult.”
The impact of the epidemic on the catering industry has also been passed on to upstream companies. Beijing Heyi Packaging Container Co., Ltd. mainly produces paper cups, and the company’s orders have been significantly reduced during the epidemic. “Customers have been reduced by about 20% due to the epidemic. In addition to the period before the’October’, power and production restrictions have also had a greater impact on the company’s operations. On the one hand, orders cannot be completed on time, and the cost of raw paper continues to rise. I have received several price increase letters from paper companies, and each time the price increase is more than 5%.” Bao Xinchun, general manager of the company, told a reporter from Beijing Commercial Daily.
According to the National Health Commission, the new round of the epidemic since mid-October is nearing its end. Under the background of normalized epidemic prevention and control, it is imperative to increase the relief efforts for small and medium-sized enterprises.
“Compared to some social insurance exemptions for enterprises, I actually hope that we can increase revenue so that more people can learn about our company and expand the market.” Zuo Cong, partner and general manager of Beijing Zhicong Certified Public Accountants, said frankly. In the past three months, Zuo Cong’s office orders have shrunk sharply. “The end of the year should be our busiest time.”
At the end of last year, the two departments issued the “Administrative Measures for Government Procurement to Promote the Development of Small and Medium-sized Enterprises” to encourage localities to refine the support measures such as reserved procurement shares, price review concessions, lower bidding costs, and priority procurement in accordance with local conditions. The “Notice” also mentioned that the organization of supply and demand matchmaking activities to promote large enterprises to expand the scale of procurement from small and medium-sized enterprises.
Increasing employment costs: strengthening information docking
Not only is the shrinking number of orders leading to lower revenue, but the cost of corporate expenditures is also facing the problem of not falling but rising. During the interview, many small and medium-sized enterprises highlighted the increase in employment costs.
“In 2017, the salary of our waiters was about 2,800 yuan per month after tax, but now it has risen to about 5,000 yuan. And I feel that due to the impact of the epidemic, it is too difficult to recruit now! Especially the waitresses are very difficult to recruit It may be that the number of people from other places entering Beijing to work has decreased.”
“The cost of housing for employees is also much higher. Our catering industry recruits waiters with food and accommodation. For example, many of our stores are near the second ring road. Employees require accommodation not to exceed 20 minutes’ walk. After the public rental housing is renovated, every employee The cost of renting a house is almost 2,000 yuan, which is very high.” Yang Zisu told a reporter from Beijing Commercial Daily.
Regarding the mandatory payment of provident fund that was required last year, Yang Zisu believes that the company’s housing for employees is already a form of housing security, and the requirement to pay the provident fund will increase the burden on the company, and it is not of great significance to the service industry employees.
In fact, the problem of structural employment contradictions has existed for many years, and the country has repeatedly introduced policies to resolve it. A reporter from Beijing Business Daily noted that the “Notice” also mentioned supporting enterprises to stabilize jobs, implement unemployment insurance rebates, social security subsidies, training subsidies and other policies to reduce burdens, stabilize jobs and expand employment, and promote public service platforms and manpower at all levels of government. Resource service agencies release real-time and effective job information for small and medium-sized enterprises to strengthen the connection of employment supply and demand information.
Financing loan problem: increase credit supply
Reduced revenue, increased costs, and tight cash flow have become a reality for many small and medium-sized enterprises. When cash is tight, loan financing has become a necessary option, but financing for SMEs has always been called a “world-class problem.”
“In fact, the more difficult it is, the less willing banks are to lend, especially for our catering companies. Of course, this is understandable. Last year, we found many banks, and basically couldn’t do credit loans. Mortgage loans were necessary, and it was also very difficult. It is difficult to get a low-interest loan line, and the interest is generally above 6, and in many cases it is necessary to add a guarantee.” Yang Zisu told a reporter from Beijing Commercial Daily.
It is worth mentioning that in recent years, some banks have introduced a “tax-friendly loan” policy, which provides loans based on the tax amount. Yang Zisu also tried to apply, but encountered more practical difficulties. “When we applied, we found that the country gave us tax exemptions for catering companies last year, which resulted in no tax payment last year and we couldn’t apply.”
Difficulty in loan financing is the most common problem faced by small and medium-sized enterprises, and it is undoubtedly the focus of relief policies. It is mentioned in the “Notice” that 300 billion yuan will be added to the small-scale re-loan line, credit loans will be increased, and credit loan support policies for inclusive small and micro-enterprises will be implemented in accordance with regulations. For small and micro enterprises that have been severely affected by the new crown pneumonia epidemic, floods, and rising raw material prices, we will strengthen working capital loan support and implement the deferred principal and interest payment policy for inclusive small and micro enterprise loans in accordance with regulations.
Zou Lan, Director of the Financial Markets Department of the People’s Bank of China, said at the press conference that the People’s Bank of China will guide local corporate banks to increase credit, and transmit preferential interest rates to small and micro enterprises and individual industrial and commercial households; strengthen the internal resource allocation of financial institutions We will strengthen the use of scientific and technological means, vigorously promote the proactive credit granting and loan-on-demand loan models, and standardize the development of supply chain finance.
Beijing Commercial Daily reporter Tao Feng Wang Chenting