Analysis on the Financial Management Transformation of Private Enterprises under the Sharing Economy Model

Abstract

People's minds are deeply entrenched in the sharing economy due to the Internet's popularity. Against the backdrop of the sharing economy, in order to achieve the increase in economic benefits, a number of private companies are beginning to prioritise the transformation of financial management in order to optimise their operating condition. As an integral part of our economic market, private enterprises must adapt to the needs of The Times and consider ways to restructure their financial management under the sharing economy model in order to increase their competitiveness. Using the literature review method and the case analysis method, this paper explains the significance of the sharing economy model to the financial management of private enterprises, analyses the existing problems in the financial management of private enterprises, and offers pertinent recommendations.