J. Méndez-González, Enrique Guzmán-Nieves, Liliana Álvarez-Loya
{"title":"Entrepreneurship Finances, Feasibility and Consistency","authors":"J. Méndez-González, Enrique Guzmán-Nieves, Liliana Álvarez-Loya","doi":"10.36348/sjef.2023.v07i01.004","DOIUrl":null,"url":null,"abstract":"When you want to start a business idea, it will always be of vital importance to put financial viability first, since starting without having an idea of the initial investment, the investment recovery period and other financial indicators, can make a profitable business in a very short time. bottomless pit. The main idea of this research is to define which are the most important points of the Business Plans in terms of finances; For this, to detect which are the points that require more emphasis in terms of attention and focus, with this it is intended to facilitate the tasks and training required in said topics, this due to the fact that the financial aspect is the most relevant issue and that to the it gets more and more complicated. This will allow any venture to be on the right track in search of the desired success in any type of venture. It was found that the order of difficulty in the development of a Business Plan is the following: the Financial Analysis of a Business Plan is the item that is most difficult, understanding that 397 students representing 55.14% put it as the main topic in degree of difficulty, followed by Procedures and Compliance with Legal Requirements, which is considered the most complicated item by 202 people, which represent 28.26%; being the Market with a choice of 65 students as the most difficult topic to cover, while 56 people indicated the other items, Strategic, Organizational and Processes as the most complicated. Emphasis will be placed on financial aspects and their respective topics.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"26 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Saudi Journal of Economics and Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.36348/sjef.2023.v07i01.004","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
When you want to start a business idea, it will always be of vital importance to put financial viability first, since starting without having an idea of the initial investment, the investment recovery period and other financial indicators, can make a profitable business in a very short time. bottomless pit. The main idea of this research is to define which are the most important points of the Business Plans in terms of finances; For this, to detect which are the points that require more emphasis in terms of attention and focus, with this it is intended to facilitate the tasks and training required in said topics, this due to the fact that the financial aspect is the most relevant issue and that to the it gets more and more complicated. This will allow any venture to be on the right track in search of the desired success in any type of venture. It was found that the order of difficulty in the development of a Business Plan is the following: the Financial Analysis of a Business Plan is the item that is most difficult, understanding that 397 students representing 55.14% put it as the main topic in degree of difficulty, followed by Procedures and Compliance with Legal Requirements, which is considered the most complicated item by 202 people, which represent 28.26%; being the Market with a choice of 65 students as the most difficult topic to cover, while 56 people indicated the other items, Strategic, Organizational and Processes as the most complicated. Emphasis will be placed on financial aspects and their respective topics.