Planificación financiera para la Corporación de Productores y Comercializadores Orgánicos Bio Taita Chimborazo, del cantón Colta, periodo 2020 – 2024

Abstract

The present study focused on the design of a financial plan to increase the profitability of the Corporation of Organic Producers and Distributors Bio Taita Chimborazo, located in Colta canton, term 2020 - 2024. The research was carried out through the application of surveys to employees and managers and also an interview applied to the president and accountant of the company where the main findings were determined: the absence of a control of financial resources, the lack of a follow-up to the planned goals, equally the total population studied expressed the need for financial planning to improve the profitability of the organization. The financial diagnosis identified that the profitability on equity for 2018 was -0.05, for 2019 it was 0.02; the return on assets for 2018 was -0.03 and for 2019 0.01, which showed the lack of capacity to generate benefits from its operations. Based on the results obtained from developed the proposal, starting from a vertical analysis, horizontal analysis and analysis of indicators the strategic formulation in which the mission and vision were proposed and the financial formulation that showed the projection of: income statement, cash flow, balance sheet, and calculation of estimated profitability. It is recommended that the organization's directors propose the application of this proposal since it provides a financial planning with a strategic direction, which will allow the visualization of actions, the fulfillment of strategies and goals, the achievement of financial objectives and the improvement of its profitability.