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The Importance of Financial Planning in Micro-Companies in The Manufacturing Sector of The State of Tlaxcala

Journal: The Journal of Middle East and North Africa Sciences (Vol.6, No. 07)

Publication Date:

Authors : ; ; ;

Page : 8-11

Keywords : MSMEs; Planning; Financial Planning.;

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Abstract

As is already known, Micro, Small and Medium-sized companies have been a source for job creation at the international, national, state and regional levels. This has allowed that the economy of a country to be more promising and outstanding, which therefore contributes to increasing the standard of living of the communities. Due to the lack of planning in the different areas of the MSMEs and mainly of financial planning, it has been possible to determine that there is no growth in the companies, which causes a stagnation or in its case the closure of the same, due to This is not a stability in companies that allows them to remain in the market, which is why it is considered highly relevant to publicize the way in which the lack of financial planning impacts on micro-companies in the manufacturing sector of the state of Tlaxcala, with the purpose of which it is gotten to implement to be able to obtain a growth in the organisms and have a more promising future.

Last modified: 2020-07-03 04:50:38