Gestión administrativa financiera del régimen simplificado para negocios populares en Cuenca

Financial Administrative Management of the Simplified Regime for Popular Businesses in Cuenca

Abstract

In Ecuador, as of 2022, the simplified regime for entrepreneurs and popular businesses (RIMPE) came into effect for taxpayers categorized as popular businesses who have an annual income of up to USD 20,000. The problem lies in the lack of knowledge of the internal processes of the businesses on the part of their owners. Accordingly, the objective of this research is to analyze the administrative and financial management of RIMPE Popular Businesses taxpayers in the city of Cuenca, Ecuador. Within the methodology, this research was descriptive with a mixed approach, supported by the survey technique applied to 400 taxpayers of popular businesses. The results showed that 98.50% of popular business owners are willing to be trained. In the financial part, there is evidence of poor management of income, costs, and expenses since 69.25% of taxpayers keep records manually. The main source of financing, represented by 56.50%, are loans made in financial institutions. In the administrative part, 70.25% does not formulate strategic objectives. In terms of hiring employees in the human resources management, 65.50% does it on the recommendation of acquaintances, and 19.75% has defined the responsibilities of workers in writing. Social networks are the main means of promoting products. Finally, a training plan was proposed that covers the following topics: strategic planning, marketing, hiring and training of human talent, Excel as a tool to keep track of finances, income, costs, expenses, and sources of financing.