If you were the financial manager of a travel agency, how would you plan and manage financial-related issues?

Plan according to the following items.

(1) Because the tourism industry contains many production and operation departments, and many enterprises are small and micro enterprises, whether it is a tourism company, a transportation enterprise or a catering enterprise as the main body of the tourism industry, there is an important problem in production and operation activities, that is, the financial management system is not perfect. Many enterprises directly copy the financial systems of other enterprises when building their own financial systems, regardless of whether they are really suitable for their own development. This also leads to the poor operability of the financial management system of enterprises, and many loopholes and deficiencies can not only meet the daily management and development needs of enterprises, but even hinder the development of enterprises.

(2) The internal control system needs attention, because tourism is a service industry with a large number of customers, so many tourism-related companies often have to face a large number of customers in their daily production and business activities, and there are many kinds. Before Internet payment appeared, many tourism departments paid in cash. Even though online payment forms have appeared now, because online payment in China is still in the stage of continuous development and perfection, there are many loopholes in the process of online payment. Poor fund supervision and reconciliation process, even employee corruption, will lead to problems in internal control of enterprises.

(3) Risk management awareness needs to be strengthened. In the process of operation and development, tourism often faces various risks, such as natural disasters, weather factors and politics. Economic, policy regulation or service quality, so this also makes the tourism market have a lot of instability, which greatly increases the probability of potential financial risks in the financial management of the tourism industry. For example, the COVID-19 epidemic, which lasted from last year to the present, has severely hit the economic development of many countries with tourism as their pillar industries, and directly led to the shrinking of the local tourism market. Therefore, in the process of tourism development, it is impossible not to guard against the existence of risks, and the awareness of risk management in tourism industry needs to be strengthened.

(D) The overall quality of personnel needs to be improved. In many tourism industries, the development of the industry is mainly composed of many small and micro enterprises. These enterprises are small in scale, and most of them take contract management as the main mode of operation. Therefore, in the daily production and operation process, they do not hire special financial managers for financial management, and some even have several bosses. This also leads to the quality of many financial personnel in the tourism industry to be improved. Due to the lack of professional financial management personnel, the financial management system of tourism production departments is not perfect, the post responsibilities are chaotic, and even illegal acts often occur in the process of financial management. In addition, unreasonable investment is common, because tourism often involves many industries, so in order to get more benefits as much as possible in the increasingly fierce market competition, many tourism companies often expand their business in different fields. Although the loss caused by putting eggs in one basket can be avoided to a certain extent, in the process of expanding the territory, there are many cases of blind investment and follow-up investment, and lack of professional investment argumentation and research, which also makes many tourism service companies unreasonable because their investment decisions can not meet the needs of the market and their own enterprise development, causing serious economic losses to enterprises.